Category Archives: Blogs

Competitive Pricing Intelligence for Retailers

In today’s increasingly competitive environment, retailers must stay ahead. Leveraging competitive pricing intelligence can be a winning strategy that enables retailers to offer customers the best value for their money and maximize their profits. Price optimization requires a thorough understanding of the local and global markets, monitoring competitors’ prices, and staying current with changing trends. … Continue reading Competitive Pricing Intelligence for Retailers

The Rise of Online Marketplaces – and What it Means for Pricing

If you were looking to purchase a product online, any product, would you prefer to purchase that product from a first-party retailer like Best Buy, Walmart or Michaels, or would you sooner pick the product sold by a third party listing it for sale on Best Buy, Walmart or Michaels’ websites? If you are like … Continue reading The Rise of Online Marketplaces – and What it Means for Pricing

Why do 75% of retailers use dynamic pricing?

At this moment in time, the product whose fluctuating price has caused great distress among consumers is eggs. The edible ping pong balls necessary for making everything from a protein-heavy breakfast to a batch of chocolate chip cookies, everyone is talking about the astronomical increase in the price of eggs. But while eggs are the … Continue reading Why do 75% of retailers use dynamic pricing?

Dynamic Pricing Strategy for E-commerce

In the eCommerce world, dynamic pricing is becoming the most important strategy for businesses to remain competitive. With the rapid growth of online shopping, customers demand more transparency and better prices. Dynamic pricing allows eCommerce businesses to adjust their prices in real-time to provide the right price every time to match customer demand. This is … Continue reading Dynamic Pricing Strategy for E-commerce

White Label vs. Private Label: What’s the Difference?

When designing, manufacturing, and selling your own products, especially on an eCommerce website, there are many things to consider and decisions to make to help make your brand successful. One of these considerations centers around sourcing products, including who will supply your products and how you want them, as well as how they will be … Continue reading White Label vs. Private Label: What’s the Difference?

What Sellers Need to Know About Private Labeling

Should your store or brand offer its own labeled products to better compete with larger brands? This is called private labeling. Private labeling can include selling products under your company’s name or adding new products to its current lineup. It’s essentially outsourcing manufacturing, sourcing, importing, shipping, and other logistics to another company, gaining access to … Continue reading What Sellers Need to Know About Private Labeling

The Importance of Product Matching in E-Commerce

As e-commerce and omnichannel share of retail sales continues to rise, knowing your market position and competitive landscape is increasingly more important to delivering your retail strategy. In the digital world, customers have more options than ever before and with a quick search on their smartphone can quickly compare prices for the products they want … Continue reading The Importance of Product Matching in E-Commerce

The Challenges We Face When Acquiring Competitive Pricing Data (Part 2)

As we shared in the first blog post in this series, the continued investment in the anti-bot and anti-scraping space makes it continually harder for automated processes to access data on these protected sites. For the most part, there are three different strategies that sites may take in order to limit the efficacy of automated … Continue reading The Challenges We Face When Acquiring Competitive Pricing Data (Part 2)

The Challenges We Face When Acquiring Competitive Pricing Data

Data continues to be one of the most valuable and sought-after commodities on the planet. Billions of dollars are being invested into figuring out how to acquire and process large sums of data. From travel to retail to government to media to healthcare, competitive data, in particular, plays a vital role in shaping the course … Continue reading The Challenges We Face When Acquiring Competitive Pricing Data