Competitors’ Price Monitoring
Know at what price your competitors are selling your products and beat them with netRivals’ automated reports.
Get a global vision of the market, check prices’ evolution and lead the game.REQUEST A NETRIVALS DEMO
Obtain a global market vision through Competition Price Monitoring
netRivals software gathers data on each one of your competitors’ prices in an automated way. Each of your competitors’ sites is scanned on a daily basis so that you can check real and updated information for each of the products in which you compete in the market.
The platform displays the prices you have set for all the items in your catalog and benchmarks those against your competitors’. The price monitoring results are expressed in the form of figures, percentages and color code that help you detect at glance whether your prices are below, above or equal to competitors in each one of your products. Learn more about Price Intelligence…
Monitor your competitors’ price evolution
By price monitoring you get the chance to see into more detail the evolution of prices in each one of your competitors and how that compares to your own price evolution throughout any given period of time.
This sort of information can help you acquire a better grasp about your competitors’ pricing strategies allowing you to detect patterns and trends in their pricing. You can then employ these useful insights to make better informed and more effective pricing decisions that will lead to higher revenue and ROI. Learn more about Dynamic Pricing…
How it works
Three easy steps to start monitoring your competitors prices:
Tell us the URL of your store and your competitors’.
NetRivals’ will obtain the data of the products that you have in common with your competition.
Obtain reports, receive alerts about changes in the prices and gather insights about the competitors.
Meet part of our Customer Success team
Sandra, Customer Success SpecialistIn today’s digital world, consumers extensively compare prices before completing their purchase. This is why netRivals’ Competitor Price Monitoring is helping our customers to keep being competitive and increase their conversions.
Diego, Customer Success SpecialistMaking the most out of netRivals’ features is crucial to maximize its benefits. That’s why the Customer Success team helps our customers on their entire journey, from the onboarding to the day-to-day, making sure they optimize their pricing strategy.
- What is a price monitoring extension?
- A price monitoring extension is a tool that helps you keep track of prices of your competition. It provides you with updated and detailed data from your rivals that can help you improve your pricing strategy.
- Why do price monitoring?
- Price monitoring provides you with updated key information that help you define a more competitive pricing strategy for your e-commerce store and have a comprehensive insight on the market situation.
- How to adjust pricing?
- There are many factors to consider when adjusting prices: number of competitors, type of product, stock availability, etc. However, using price monitoring software, along with Dynamic Pricing solutions, help you understand the market’s situation and adjust optimal prices.
- Why is pricing strategy important?
- A well-defined pricing strategy will let you adjust much more competitive prices for your products and let your store gain more competitiveness.
- Why is it so important to monitor your sale price?
- It is crucial to monitor the evolution of your products' prices in order to maintain your branding status and find out the situation of your products in the market.
- How to perform price monitoring?
- You can do it manually. However, if you want optimal results it is better to use price monitoring software. This way, you will obtain reliable and constantly updated data.
- How can I improve my pricing strategy?
- Monitoring your competition will definitely improve your pricing strategy. When you know how your market behaves and know how to react, you can adjust more competitive prices.
- How can I track my competitors' prices?
- Even though it can be done manually, it takes a lot of time and money. However, automate solutions are powerful assets to track competitors’ prices and obtain updated and detailed data.
- How to track competition's prices?
- The use of price monitoring tools helps you obtain constantly updated data about your competition and the evolution of the products’ value in the market.