Nowadays the e-commerce sector is one of the fastest-growing fields. More and more companies try their best to acquire new customers from their competitors.
That’s why price tracking software is a must-have in today’s e-commerce world. More data about competitors and their prices mean more room for improvement in your business. It results in better chances of reaching clients that your companies serve.
There are tons of tools that help e-commerce businesses grow. If you’re looking for a Price Watch alternative, you couldn’t have found a better place for it! In this article, we will break down all the differences between Price Watch and Dealavo.
We will go through basic and advanced features, costs, and implementation. With our help, not only you will be given all the information needed, but you will also be able to decide which one suits your company the best. Let’s start with a basic question.
When setting up a business, one of the key questions the owner has to ask himself is whether to choose dynamic or static pricing.
Static pricing is more of a traditional model in which a product’s price is fixed and stays the same regardless of changing market trends or competitors’ moves.
This method can be extremely useful when it comes to manufacturers as they are keener on establishing fixed prices for every single customer they have.
On the other hand, there’s dynamic pricing that allows changing products’ prices multiple times, as soon as a product’s price starts to fluctuate due to competitors’ moves or demand changes.
This strategy is widely used in the e-commerce sector. Changing a product’s price might be vital when it comes to adapting to new market trends or just staying ahead of the competition.
Dynamic pricing is getting more and more popular in the e-commerce industry, as it fits its principles – often price changes and strong demand fluctuations.
Both Price Watch and Dealavo enable their clients to monitor, set, and develop new prices, based on accurate data about competitors’ actions, demand, and supply changes. That is very important to create sales with proper prices.
In the e-commerce sector, the more accurate the prices are, the more clients they can satisfy. As simple as that. Let’s be honest, nowadays everyone looks for cheaper alternatives to a given product online.
Repricing is the best way to efficiently stick with the implementation of a given pricing policy.
What’s easier to use – Price Watch or Dealavo?
Ease of use is probably one of the most underrated features when it comes to price tracking software. At first, it might seem logical because everyone expects the tool to accurately track competitors’ prices and nothing besides that.
However, after some time of using a tool that is really complicated and only experienced managers can make use of it, frustration takes over. That’s why ease of use should be one of the key factors when deciding to choose software for your business.
While choosing the best price tracking software it is also vital to differentiate a company’s primary goals. If a tool is well-matched with a company, it’s naturally easier to use. It’s also important to state, that there is no software that fits into every business and every industry.
Price Watch is an easy-to-use pricing optimization software that focuses mainly on the automotive industry. With its intuitive interface and wide range of price-oriented features, it’s super simple to navigate through it and to get the best out of it.
Dealavo’s twofold structure (divided into brands and e-shops) allows it to meet the company’s profile and main needs.
Dealavo is a very handy tool that can be used in a very wide spectrum of businesses, gathering tons of data from different e-commerce channels and presenting it most conveniently, so that even beginners won’t feel overwhelmed with it.
It’s not only useful in the everyday price tracking process but also while planning long-term pricing or distribution strategy.
All this makes Dealavo a great, intuitive tool for e-commerce brands but also a universal solution for businesses with completely different missions and goals.
Dealavo as a Price Watch alternative – essential features
Regarding Price Watch alternative, Dealavo would fit in well in almost every e-commerce business possible, because of its universal purpose and features that go beyond expectations.
Dealavo compared to Price Watch stands out with features like:
Up to 99% SLA
SLA is a service-level agreement (SLA) that defines the level of service you expect from a vendor. It lays out all the metrics by which service is measured and delivered, as well as penalties in situations in which service levels haven’t been met.
It is a critical component of any technology vendor contract.
Price Watch has very high SLA standards but Dealavo provides up to 99% SLA parameters.
Price Watch does not enable its clients with integrations. Dealavo, on the contrary, provides its’ users with the possibility of integrating data from the price monitoring platform straight into ERP systems and shops. Dealavo allows integrations with the following shops:
And with ERP systems:
Price Watch and Dealavo – advanced features comparison.
There’s one thing that’s undeniably key in the e-commerce race for new clients.
It’s a range of advanced features you can use, that will get you ahead of your competition. A wide spectrum of basic and advanced features can provide great improvements in your brand’s pricing strategy.
Take a closer look at the data comparing crucial features across both tools:
Pricing optimization software with a focus on the automotive industry