Netrivals Industry Insights Report

Analysis of prices of brands and online stores in the category of Music Products in the United Kingdom

113.O6K PRODUCTs.
27 Brands.
10 Shops.

This Netrivals Industry Report includes a sample of products and brands in the category of Music Products in the United Kingdom. These products and brands have been used to analyze price changes across sales channels, along with the behaviour and evolution of prices throughout time, and across all brands and online stores included in this study. 

This Report offers a comprehensive analysis of over 113.06K products. This high volume of products is due to the fact that Netrivals analyzes all the existing variants for a single product, given that all of them have different EAN codes. That is why, in this study, we have included all the product variants that have been detected via Netrivals’ Big Data. Thanks to this, we can ensure that we have a comprehensive view of changes occurring in the categories analyzed, and if those changes have an impact at a variant level. It is worth noting at this point what we understand as a product variant: any variations given for a specific product, such as colors available, something that may affect the price. 

The products analyzed belong to 27 different brands and 10 stores of a category that is one of the most popular categories of online sales regarding volume. 

This report has been made via BI Netrivals technology and it takes into account some of the most relevant online stores and brands in this category.

 

The team of Netrivals has a great deal of experience analyzing products within the category of music equipment.  It is worth mentioning that this category encompasses a great variety of products sold by both purely online sellers and omnichannel sellers.

Given the specialization of the average customer for these types of products, sellers have elaborated product pages with a large number of product attributes such as power and decibels.

One of the characteristics of the sector is that a large number of products have various customization options that adapt to several customer profiles. 

INTRODUCTION

Products, Brands and Time Frame of the Analysis

The time range for this analysis comprises that period between January of 2020, and November 2020. 

In this study we have taken into account a total of 113.06K products (including variants of products if the latter have been detected by Netrivals). This amount of products have been analyzed across 10 popular online stores in this category. The total number of brands included in this study is 27. 

 

Some of the brands

Some of the retailers

In the appendix that can be found at the end of this study, you can access the general number of price changes. Nevertheless, this study will focus more on the analysis of the sales channels in this category.  The graph that follows shows the total number of price changes that have been made in a day by each of the stores analyzed. It is worth noting again that the number of products analyzed by Netrivals is different in each of the cases. It all depends on the number of products detected by our algorithms in each of the stores included in this report. 

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