Strategic importance (retail) 93
Strategic importance (ecommerce) 93
Ease of use 86
Practical implementation 88
How to use Price Monitoring
- Use a software that you are comfortable with. Screening prices is only useful when it is done.
- Act on the analysis. Price monitoring is only useful when you act on the insight that you got from the analytics.
- Companies can spot products that they can make more margin of
- Companies can distinguish new areas of market that they should be on
- Price monitoring software is often used for MAP monitoring