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Why use a Price Tracking Tool for E-commerce?

A price tracking website that allows monitoring the market is just one part of an e-commerce pricing strategy. To stay ahead of the competition and maximize profit margins, brands often choose price tracking software for all the details about the availability and promotions of the competitive products. With a price tracking tool it’s much easier to plan pricing and promotion strategy accordingly. All in all, price tracking provides all the data needed to predict and prepare for any market changes or competition moves, as well as spot price violations.

Price tracking tool like Dealavo allows you to have both granular and aggregated data about your competitors prices, promotions and out-of-stocks to utilize them for your benefit. It’s one of the most convenient price trackers on the market that provides all the relevant data to optimize one’s pricing strategy.

 

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How does Dealavo’s Price Tracking Tool work?

Check how Price Tracking & Dynamic Pricing tools like Dealavo help you with increasing profitability.

Can a Price Tracking Tool be used by manufacturers and brands?

Price tracking tools can definitely be used by manufacturers and brands. In the highly competitive online environment, retailers often follow each others’ price changes which can lead to price wars, harmful to both your products’ perception and margins. Pricing tracking tools don’t allow this to happen as they precisely track competition prices and set dynamic prices in a way that doesn’t provoke price wars.

With Dealavo’s price tracking tool – “Wars Module”, you can see exactly who and when committed price violations and which channels followed. Thanks to this, you can identify the most volatile partners and consider it in your future distribution and pricing strategy.

 

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Price Tracking Tool monitorings your competitors’ prices

 

 

 

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Dashboard Reports and E-mail Alerting

Understanding how valuable price tracking tools are, as far as gathering core information about any price changes immediately goes, we provide fully customizable email alerts which give you a quick heads-up about any changes in the chosen products’ prices. Have the information about every small price change, by how much and when sent directly to your inbox. That’s how conveniently Dealavo pricing optimization works.

In addition to standard, downloadable reports, our consultants can prepare on-demand reports in Excel and CSV formats, regarding the pricing issues that are the most important for you and include historical data to help you see the pricing trends and changes over time. Therefore Dealavo ensures you not only with high-quality up-to-date statistics but it also works great as a price history tracker. 

 

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FAQ

What sites can be monitored with Dealavo Price Tracking Tool?

We can track any site you want.

Price comparison websites, marketplaces, or even specific sites like Amazon or your competitors’ sites. Our price tracking platform can successfully monitor all of them.

Which countries can be monitored with Dealavo’s price tracking software?

With Dealavo Pricing Tool Software we can track competitors prices in any country you ask us for.

What does Dealavo Price Tracking Tool use to monitor prices?

Dealavo Price Tracking Tool monitors prices using many methods. The main factors allowing price tracking are names of products, EAN codes, GTIN codes, ASIN codes and many more.

The usage of a variety of tracking tools allows Dealavo to track prices as accurately as possible.

Does Price Tracking Tool Dealavo monitor different sizes of products?

Yes, our price tracking tool allows businesses to track different-sized products.

How often does Price Tracking Tool Dealavo update prices?

Dealavo is known to be one of the fastest-working price tracking tools on the market. If the pricing tool can access frequently updated information, data can be updated every 15 minutes.

How does Price Tracking Tool Dealavo ensure the high quality of the data?

Price tracking requires gathering accurate and up-to-date information. Every little error in the data might negatively influence the business.

That’s why at Dealavo we use double data verification. Our price tracking platform not only uses Machine Learning algorithms to verify all the intel, but it also provides Manual Quality Assurance Authentication.

We ensure a successful cooperation

 

  • Kasia, Customer Success Manager Kasia, Customer Success Manager
    I believe that better relations with clients equal a greater success for both sides. It’s very satisfying when I can help a client to maximize his values with Dealavo and achieve his long-term goals.
  • Ola, Customer Success Ola, Customer Success
    When it comes to contact with clients, the crucial part is kindness and an individual approach – an attempt to build a strong business relationship based on the client’s needs. At Dealavo we care for our clients success, that is why we do our best to make their work easier, by providing accurate data to simplify decision making process.
  • Kasia, Customer Success Kasia, Customer Success
    In my job with clients, the most important factors are good relations and trust so I can show them the actual benefits of the cooperation. It’s hugely satisfying to implement solutions together and assist the clients with their daily work as well as their business development. It’s amazing to watch them growing.
  • Monika, Customer Success Monika, Customer Success
    The favorite part of my job is contact with people. It’s satisfying to help the clients and meet their needs. I enjoy being the client’s “voice” at Dealavo and taking care of the constant growth of our product. Happy client = happy me 🙂

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