Effective pricing is the strategic process of setting prices for products or services in a way that maximizes profitability and achieves business objectives. It involves consideration of a variety of factors:
Competitor price monitoring - tracking pricing and price changes of competitors in fully automatic mode (with the help of special software). The system independently collects, processes and converts the information into a convenient format.
Competitor price monitoring is the process of tracking and controlling the pricing policies pursued by your direct competitors. The result of competent monitoring for you will be the opportunity to make justified decisions in the course of pricing and maximum competitiveness of sold products.
Pricing is the main goal of any monitoring! Business is such that not all sellers are honest and decent to their competitors and often even to their customers!
At the very start of trading, one of the most pressing issues is to minimize costs and optimize the price of goods. It all comes down to getting maximum profit at minimum costs! Pricing is probably the main factor that determines the successful implementation of what you set out to do.
Parsing is the fully automated collection of unstructured data and its concomitant conversion into a readable format that is easy to comprehend. In other words, it's about the most accurate and fastest price "reconnaissance" and assortment analysis of your competitors.
Aliexpress is one of the largest shopping sites worldwide. We are talking about a giant online store, which is part of the trade holding company from China "Alibaba", the main task of which is to meet the demand for Chinese goods from consumers all over the world.
