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E-commerce Price Monitoring

Would you like to have high margins on your products but remain competitiveWith Dealavo you can monitor e-commerce prices on other e-shops, marketplaces and price comparison sites to know what your competition is doing – even on weekends and holidays – and react accordingly.

Apart from the software, use our consultants’ knowledge to your advantage. They will help you with analyses, pricing strategies, building product categories and more. For instance, we helped our client (top-player in FMCG sector), to raise the average margin from 19% to 22%, while keeping the monthly sales volume.

If your e-shop sells products of fluctuating prices, e.g. electronics, you know how much time consuming constant price checks and adjustments are. To solve that problem, use our Dynamic Pricing solution which, based on the competitor and internal data, automatically changes the prices, following a custom set of rules.

Learn more: What is price checker (price monitoring tool) and how to choose the right one?

 

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Dynamic Pricing

Dealavo Tool

E-commerce price monitoring for e-shops

Dealavo Price Monitoring helps e-commerce shops in increasing their profits and delivering necessary data for effective price management. Dealavo price tracking for online shops allows making proper decisions in setting prices and achieving expected results of pricing strategies e.g. increasing sales volume or increasing income by raising margin.

AUTOMATED PRICE TRACKING FOR ONLINE SHOPS – SAVE YOUR TIME

The price monitoring platform solves plenty of problems that appear while manual price tracking. The manual process of price monitoring in e-commerce is connected with the analysis of huge amounts of data, which is especially hard as prices in e-commerce are dynamic and change every day. Numerous competitors not only offer a wide portfolio of products but also take various marketing actions and change their pricing strategy. Because of this, manual eCommerce price monitoring can be just a waste of time and will not allow taking successful decisions, as gathered data quickly becomes obsolete. Dealavo Price Monitoring tool solves this problem, providing users accurate and fresh data gathered from offers of other online shops.

 

Automate your prices!

Collect Current Data

Automated Price Monitoring for online shops, supported additionally by our highly qualified specialists, will deliver actual data of competitors’ prices every day (data can be refreshed even every 4 hours). Ecommerce price monitoring tool will gather for you data about:

  • The cheapest offer on the market
  • Number of competitors’ offers
  • Discounts and price hikes in competitors’ shops
  • Marketing activities of competitors

 

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brand’s price level

We monitor your competitors’ prices

Price monitoring for online shop- analyse data and take action

Having current data about competitors’ offers, you can update the prices of the chosen products or categories even a few times per day.

  • If the high positions in rankings are crucial for you, you can decrease your prices, to get to the top of price comparisons’ listings (sometimes it is enough to decrease your price by a few cents to get there).
  • You can also increase your margin. If your offer is significantly lower than your competitors’, or you don’t have competitors at all, you can increase your margin, keeping high sales volume.

 

Start monitoring prices!

Dynamic pricing – automatic price optimization for e-shops

Do you sell products whose prices are sensitive to market changes and competitors actions? Keep them at the level that allows you to always have an advantage over your competitors. Use our Dynamic Pricing platform, which automatically changes prices in online shops, following previously set pricing strategies and limits.

WHAT CAN YOU ACHIEVE WITH ECOMMERCE PRICE MONITORING WITH DYNAMIC PRICING?

Do you want to be in TOP 3 of the cheapest retailers? Is your aim to become cheaper than the biggest competitor? Or maybe you are interested in maximizing your profit based on AI and Machine Learning (which take under consideration such aspects as price elasticity of consumers)? These and many other goals can be achieved thanks to the eCommerce Price Monitoring platform with Dynamic Pricing, which always reacts fast to market changes, detects increases and decreases in prices of competitors, but also tracks their marketing activities. Dynamic Pricing gives you:

  • time savings – you don’t have to make all the changes in your shop on your own. The tool will make them for you, as soon as it finds market changes;
  • increased earnings– Dynamic Pricing ongoingly optimizes prices, which results in increased earnings thanks to higher sales volume (lower prices), or margin increase.

 

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FAQ

What are the major functionalities of Dealavo for E-commerce shop owners?

Firstly, you will understand the market – its volume, dynamics, and key players.
Secondly, by the instant reaction to the price change, you will increase your competitive strength.
We will recommend you the best price for your product.
Also, we will explain the source of your income changes.
Furthermore, you will be able to spot price wars beginnings on the market.
All provided data may be easily analyzed, which will save you money and time.

How much does Dealavo cost?


At Dealavo you pay just for the price monitoring of the products you follow. Our service prices are discussed individually, as it depends on the volume of your assortment and the monitoring range. There is no universal price, but don’t worry, you will not be disappointed. We offer a 7-day trial, and after handing over the product feed to us, we will set up your account immediately, so you can start your first analysis on the spot.

How often the system can update the prices in my shop according to the price rules?


Thanks to the Dynamic Pricing platform and all the collected data, our algorithm can recommend a price that will attract the client, as well as guarantee you optimal profits. The system update may occur even a few times a day.

What input does Dealavo need?


Essential parameters are:
– product name,
– EAN (CounterPrice only),
– product ID.

Gross purchase price is also highly recommended, as that enables the user to set limits of suggested prices based on a minimal margin or markup.

Where does Dealavo share price recommendations?

Dealavo generates gross retail price recommendations according to the price rules set by the client and shares them in a gross retail price for the shop field.

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 🙂

Our clients