Blog | Competirors Price Monitoring

Dynamic pricing - what is it?

2023-06-28

Dynamic pricing, also known as active pricing, involves the formation of a product's value based on demand and/or time. It is a pricing strategy in which the price of a product or service is adjusted in real-time based on various factors:

demand;
supply;
market conditions;
customer needs.

Unlike static pricing, which sets a fixed price for a product or service, dynamic pricing allows you to set flexible and variable prices depending on changing circumstances.

Monitoring prices of suppliers and online stores

A supplier is a person or entity that connects the producer and the marketer of a product. Suppliers of consumer goods can be manufacturing companies or resellers, for example.

How to identify competitors to monitor

Competitor. It can be a company, product, or service with which you are competing for the end consumer. In turn, a competitive product is a product that can attract or repel customers.

Competitor price parser for business optimization

The choice in favor of one or another online store or service site for the modern shopper is a combination of a number of factors:

Tracking prices in online stores

An online store is a modern tool for online sales of any goods. The main task of any marketer is to sell as many goods as possible. What are the options for increasing the turnover of goods?

Monitoring competitors' prices on the Internet "Helecos"

What can guarantee a high level of sales and maximize the revenue component of the business? - Of course, its competitiveness. And here it is primarily a question of the chosen pricing strategy and a competently constructed offer to the buyer.

Parsing Marketplaces

Parsing is designed to answer three basic questions: who sells how much, what, and how much. All resources can be paired with the assortment and price of goods, and some sites can also track turnover, such as Wildberries.