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How price monitoring helps improve user experience

Author: PriceCop 4 min

User experience (UX) is one of the key success factors for an online store. Shoppers expect intuitive navigation, quality service, and fair pricing. If the price doesn’t meet expectations, even the most perfectly designed site won’t retain customers.

API PriceCop

Author: PriceCop 1 min

API is an interface that allows you to remotely control any software (service) using a special set of commands (functions).

Email notifications about dumping

Author: PriceCop 5 min

Email notifications about dumping are an opportunity for distributors and vendors to automate sending emails to the responsible employees in online stores when dumping is detected. Once data collection is complete, each dumping store receives an individual report listing the monitored items for which deviations from the RRP have been recorded.

Screenshots of dumping. How does automation help?

Author: PriceCop 5 min

Dumping screenshots are images obtained during price monitoring, which precisely show the information displayed on the online store’s website at the time of data collection. Recipients see these screenshots in emails sent out when dumping is detected.

Telegram-bot PriceCop

Author: PriceCop 2 min

In the summer of 2019, PriceCop received a request from a client we have been working with since 2016 — a large company selling household appliances both online and offline. Goal: avoid the domino effect. Task: promptly notify about any price reductions by a monitored store.

Price monitoring in the Internet

Author: PriceCop 6 min

Monitoring of prices on the Internet is the search and information gathering on prices of products in the competitors ‘ stores. Monitoring of competitors ‘ prices is a must for the formation of pricing strategies in the store. It is important that your price was on the market, otherwise a large portion of potential customers […]

Fighting for 1 UAH.

Author: PriceCop 2 min

Price-listing platforms are one of the primary sources of traffic and sales for many online stores, second only to search engines. This is no surprise, because customers arriving from price aggregators are already highly prepared to make a purchase — they know what they want, and they find your offer appealing.

Who is illegally using trade marks?

Author: PriceCop 4 min

Would you be happy if someone used your photo—your face—on their website without your knowledge, added your first and last name, and in the process, damaged your reputation?

Case #1: How we increased sales by 300% for an underfloor heating supplier

Author: PriceCop 2 min

A client came to us (a supplier with its own store, a leader in its segment, with 5 brands in its portfolio) facing a major problem—widespread dumping by stores. For example, out of 150 stores, 88 were dumping. The sales department had no orders because most customers were buying products at dumping prices in other […]

Tools to stimulate partner sales

Author: PriceCop 4 min

Large manufacturers typically use several sales channels, such as retail, online, and distributors. Each channel brings its own revenue, but the bulk of sales usually come from dealers and distributors.

Recommendations on conducting market monitoring

Author: PriceCop 6 min

Market monitoring is needed to find new niches for development, identify the most attractive target market, and gain a deeper understanding of your target audience. Note that you should conduct an analysis not only before you start operations but also throughout the process.

Proven pricing methods for e-commerce

Author: PriceCop 3 min

No matter if you offer the best product in the world—if you don’t have a clear pricing strategy, you are destined to fail. This process plays a key role in defining a brand’s offering for its customers.

Pricing – focus on what’s important

Author: PriceCop 2 min

Over the last 20 years, even large and successful companies have realized the power of proper pricing. A well-developed strategy is the quickest, most effective weapon for managers to increase profits and boost enterprise performance.

7 benefits of price monitoring to grow your business

Author: PriceCop 4 min

Online marketers and retail enterprises face a crucial task: price intelligence. The online market continues to grow steadily. For instance, online retail sales already exceed brick-and-mortar sales of bricks and mortar supplies. Between 2014 and 2016, the online segment grew by 27%, while sales of actual bricks and mortar declined.

Competitor price analysis in 4 steps

Author: PriceCop 3 min

Price competition today is tougher than ever. It’s driven by the explosive growth of online retail, which attracts more and more customers. The transparency of e-commerce makes it easy for customers to find the lowest price or the best deal for any product.

Creating your own price parser: pros and cons

Author: PriceCop 4 min

Many companies neglect expert assistance and decide to develop necessary products on their own, such as a CRM system. However, some immediately opt for a ready-made solution. Which approach is better: building from scratch or using an existing product? This article will help you figure it out.

An unpopular view of competition.

Author: PriceCop 2 min

We live in an era of absolute oversaturation. There are so many products in the world that it is impossible to use or consume them all. Overproduction has reached incredible levels.

What is the usefulness of price monitoring for brands?

Author: PriceCop 4 min

Competition in the market is growing, making it increasingly difficult for brands to maintain their positions. Constantly changing prices, discounts, promotions, and new players make the market unpredictable. In such conditions, price monitoring is not just a useful tool but a necessity. It helps brands stay aware of market changes, respond in a timely manner, […]

Does competition really exist?

Author: PriceCop 3 min

Business and economics tell us that competition is a real factor that cannot be ignored. It drives businesses to seek innovations, improve product and service quality, lower prices, and enhance customer service to attract attention.

Increasing competitiveness can be a key challenge for businesses of all sizes

Author: PriceCop 4 min

In today’s world, the market is becoming increasingly saturated, and competition is getting tougher. To not only stay afloat but also secure a strong position, it is essential to take a comprehensive approach. Competitiveness is not just about price or quality but also about the ability to spot market trends, adapt to changes, and build […]

Upsell: how to increase revenue without attracting new customers

Author: PriceCop 4 min

Upselling is a powerful marketing strategy that increases revenue by offering customers a more expensive or feature-rich product compared to the one they originally considered. A well-executed upsell not only raises the average transaction value but also enhances the customer experience, helping buyers get a higher-quality or more useful solution for their needs.

Analysing competitors’ prices and products

Author: PriceCop 3 min

In the pricing process, demand determines the upper price limit, while costs determine the lower limit. However, the actual average price is shaped by competitor pricing and overall market conditions. This is why it is crucial to regularly conduct competitor price analysis and assess not only their pricing but also product quality.

Increasing sales by monitoring and analysing competitors

Author: PriceCop 4 min

Competition is a marketing war, and winning it is impossible without studying your rivals and keeping track of their actions. To boost sales of your products or services, you need to understand who your competitors are, which target audience they focus on, what their pricing strategy is, and how they market their products. In simple […]

Monitoring is…

Author: PriceCop 3 min

In modern business, monitoring is not just a tool but a strategic necessity. Continuous or periodic tracking of market data allows companies to analyze trends, study competitors, and adjust their strategies in real time. Thanks to monitoring, businesses can adapt to changes and find new growth opportunities.

Monitoring competitors – ways of monitoring

Author: PriceCop 3 min

“If you know the enemy and know yourself, you need not fear the result of a hundred battles.” — Sun Tzu Competitor monitoring is a strategic process of gathering, processing, and analyzing data about competitors’ activities. It helps businesses not only track market changes but also identify new growth opportunities, refine marketing strategies, and strengthen […]

Control of pricing in retail trade

Author: PriceCop 4 min

“Price is what you pay. Value is what you get.” — Warren Buffett Once a product or service price has been tested in the market, it is crucial to conduct a thorough analysis. Understanding how consumers react to the set price, what factors influence their purchasing decisions, and how competitors position their pricing strategy can […]

Why Studying Competitor Prices is Key to Effective Pricing Strategy

Author: PriceCop 5 min

“Price should reflect value, not just cover costs.” — Philip Kotler In a highly competitive market, companies must do more than just set prices—they need to build a long-term pricing strategy. This requires understanding competitor behavior, their pricing methods, and how customers respond to different pricing models. Price is not just a number; it is […]

Why retailers need to track market positioning violations

Author: PriceCop 4 min

“Price is more than just a number. It’s the language a brand uses to communicate with its customers.” — Simon Sinek In modern retail, recommended retail positioning (RRP) is often compromised, and in most cases, it’s the retailers themselves who violate it. Some do it intentionally to boost sales or clear out stock, while others […]

How can manufacturers fight dumping of their goods in retail chains?

Author: PriceCop 3 min

“Stable pricing is the foundation of brand trust and the key to long-term success.” — Warren Buffett According to statistical data, around 20% of retailers regularly violate the supplier’s pricing recommendations, reducing product prices by 1-15%. This is due to fierce competition in eCommerce, where stores attempt to attract customers by offering the lowest prices.