eCommerce pricing strategy: how to build a price comparison model
Almost all of our eCommerce users are tracking product prices online. Price data is a critical source for them to monitor competitors and optimize their price strategy.
First of all, knowing how your competitors price is an important part of the game. When you get a structured database for this, you can see a bigger picture of the market landscape.
In fact, many eCommerce businesses pay to get a competitor price monitoring/comparison…