When you have a business, it is a fundamental practice so as not to be left behind. This basically consists of analyzing the prices of the competition to optimize the pricing strategy of your business and maximize your sales. And as with any valuable task for companies, there are multiple tools that offer you this service.
To give you a hand before you get into a mess of tools, in this post we compile a list of the best ones so that you can choose the one that best suits your needs.
A ranking with the best price monitoring tools
Unlike previous rankings, this time we have added great value to our traditional Top. It’s about the assessment of 33 experts in marketing and eCommerce, who have selected the best CMS tools for eCommerce after analyzing a long list of options.
This voting process was carried out for our company, which was free of charge. There you will learn about the best tools from 21 different verticals and the names of the juries.
With this change, we will no longer list the top tools in alphabetical order, but we will do it in voting order. However, the list of “Other tools…” yes we will keep it with alphabetical order.
With that said, let’s get down to business
Top 10 price monitoring tools
And others that you should have on hand
Minderest It’s a company pioneer in the price intelligence sectorare experts in monitoring prices, promotions and stock.
They work for retailers that need to know the price of their competition and for brands that want to know if their recommended prices are respected in the distribution channel.
Among their services they offer the analysis smart prices and competitors through dashboards, history and trends; daily monitoring of prices and stocks of the competition in any country, language or currency; catalog analysis and continuous pricing system. You can try for free.
With this tool you will be able to monitor your competition or your distributors in their websites, Google Shopping, Amazon, Ebay, or any other marketplace. You just have to upload your product catalog and the tool, through AI, integrates them and starts showing data.
Once the comparison is made, you can study the entire price history to know the strategy of the competition and change the prices of your online store instantly, in your ERP and even in Google Merchant instantly.
In addition, it has a control Panel that will allow you to configure a merchant custom_label, indicating your competitive position that will help you with your ads on Google Shopping, Idealo or Instagram and optimize your campaigns.
The tool has a period of 7 day free trial and then the different plans start from a €19 monthly basis, without obligation of permanence. With annual payment, 2 months are discounted. Additional tools can also be added.
This tool helps you control the evolution of prices of your competitors according to product categories (both on their website and on Google Shopping and different marketplaces), monitor opinions and adapt your prices automatically.
It shows the degree of competitiveness of each product, calculated based on the average market price and the retail price. You will be able to see the supply cycle of your competition and create predictive models revenue and logistics.
With Crawlo you can track prices in real time and react to changes that can lower your sales. Track campaigns on marketplaces like Amazon, eBay and , and analyze what the competition is selling to discover new product opportunities. It has a stock tracker, history of price changes, evolution analysis of the average price and comparison of delivery times, shipping costs, comments and user ratings.
It is the price monitoring tool of Singular Brain. It has a platform simple who performs a analysis in-depth thought out specifically around brands and manufacturers.
Track prices, stocks, valuations and competitors in online stores, B2B distributors and marketplaces in any country and in any currency. Among its functionalities we highlight: price and distribution control, product monitoring, competitor analysis, preparation of alerts and reports.
Price Seeker is the Data Seekers price monitoring tool, one of the world’s leading companies in online data extraction through web scraping technologies. This tool is a 100% scalable solution in the cloud, with more than 30 million data extractions per day, which offers an accurate snapshot of any marketplace in real time. It has the competitive advantage of integrating with the client’s systems and adapting to their needs and business logic. Among its functions we highlight:
- Marketplace Analysis: Monitor all sellers in a Marketplace in detail: identity, inventory, prices, stock, identification of unauthorized sellers or products, etc.
- Price analysis: Comparative analysis of prices by sites, markets, brands, additional costs (eg shipping), gifts per purchase, etc.
- Automatic Repricing: Deviation detection and automatic price change according to the customer’s business rule.
- Competition Reports.
- Visibility Analyzer: Monitor the visibility or positioning of the brand, its own or that of the competition, in the different marketplaces.
- Multiple search modalities and data applications.
- Alerts and reports: Generation of periodic reports, even two years ahead, and automated alert system, according to the client’s business rule.
- Parity Index: Status and evolution of parity in the different sales channels, and resulting parity index.
- 3-in-1 mapping engine: Possibility to automate the client’s business rule, to operate in semi-automatic mode and manual mapping.
Flipflow includes a whole Tool set for monitor, analyze and set alerts on pricesavailability, competitors and contents, specialized in monitoring marketplaces. It has an integrated BI (Business Intelligence) tool that allows the user to exploit all the data obtained, enabling the creation of pricing, stock or reference to a brand or competitor analysis.
The tool is designed to serve large brands or product distributors as well as small and medium-sized vendors. It is customizable and has rates adapted to each need. They can request a free demo.
The third tool is Data Crops. Its price monitoring service helps to make strategic and competitive commercial decisions, through the data collection and the analytical knowledge.
Between his functionalities we include: web data mining, data collection, processing and intelligence, price tracking software, online market intelligence, and B2B generation, pricing and repricing tools.
They have a Free trialto get it and/or discover the prices of the service you have to contact them.
Optimus Price allows you to set pricing strategies for each product, based on competitors, demand, stock, costs, seasonality, etc. It has a price engine that analyzes multiple variables to avoid errors, such as setting values below cost or ignoring categories. In addition, it allows you to set rules for all the products in your catalog, send predictive alerts before errors occur, generate accurate financial forecasts and analyze the impact of your campaigns.
With these tools you will be able to: track prices, monitor your competitors or distributors, optimize your campaigns, carry out market research, update prices automatically and intelligently, integrate with your eCommerce, among others. functionalities.
All payment plans offered by this tool have a free demo. Prices start at €19.95/month (ecommerce), €33.25/month (brands) and a single personalized price if you only want a market study.
If you have any questions, in the following video, the tool itself shows you what its services consist of 👇
The tool netRetail offers a artificial intelligence-based price monitoring. It adapts to your needs depending on whether you have an ecommerce or you are a product manufacturer.
Among its services you will find:
- Extraction intelligent Of the prices of the competition.
- A tool of matching smart to detect the same product on different websites.
- Detection of threats and opportunities in your pricing strategy.
- smart alerts that show you all the relevant opportunities and threats.
- Integration of netRetail in your ecommerce (prestashop, woocommerce, magento, etc).
With netRetail you can monitor the prices of practically any website. If it is not in their catalog, they incorporate it at no extra cost.
Omnia offers a tool kit that will help you automate any pricing strategytake control of product variety and marketing strategies.
Among its tools we highlight: custom pricing rulesthe elasticity calculations of prices, the end-to-end automation or the button “Show me why”with which you can see all the rules that the software follows to make a price decision.
The price of the tool is personalized and includes a free trial period. To find out more, you should contact them.
P2S is a tool of monitoring, analysis Y prices’ check online, which allows you to create different reports. It also offers price change alerts; a “smart spider«, which obtains information from any eCommerce website and API integrationso you can access the data from your own software.
Price2Spy has several payment plans with one month free trial. On the one hand, basic plans: Small (€22.70/month), Medium (€56.82/month), Large (€113.68/month). And on the other hand, the Premium and Enterprise plans, with higher prices and advanced features.
In its you have different tutorials on each of its services, such as the one that we leave you below.
recently purchased the tool Pricing Assistantthus enriching its user behavior analysis platform with data on prices, products and competition.
This tool tracks market movements to keep brands up to date with product information, such as which vendors and marketplaces are also selling a particular product, whether or not competitors have the item in stock, how much they charge for shipping, etc. The technology can also index customer reviewsflag promotions or discounts other vendors may offer and even alert you to any changes that may affect your sales
prisync is a stracking and monitoring software…
Facebook Comments
Disqus