Historical Pricing Data, why is important & how to use it
Careful price management is a crucial development and marketing factor when you come up with a new product. Once your offer already has analogues…
Keep prices under control despite the supply chain crisis
Price control is key to maintaining retailers’ profitability during the current global supply chain crisis. The worst of this supply crisis was…
How to make Data-driven Pricing Decisions
Pricing is a tricky process because it involves your competitors and your customers. In this article, you’ll see how the good use of data can be crucial in…
How tgndata Can Save You Time
In the world of eCommerce, there is so much going on that it’s hard to keep track of everything. You should be aware of what your competition offers while catering to increasingly demanding customers.
Assortment Intelligence: The Benefits for your Business
In retail, product assortment plays a critical role in selling effectively. It impacts the everyday decision making of category managers, brand managers, merchandising, planning, and logistics teams.
Why & How to Automate Competitive Price Analysis
Having a competitive price along with added value is the key to outperforming your competitors. Unfortunately, perfecting a pricing strategy isn’t an easy task…
9 pricing strategies to maximize your profits
Your business has the perfect new product or service for your customers. You even have a landing page ready and great campaign ideas to boot.
Price Intelligence what it is and why it’s important
Prices have a direct impact on your bottom line, of course, as the price you charge should provide a margin and return on investment that keeps your business in the black. Beyond that, your prices are also your reputation: how shoppers perceive your business. Are you premium? Budget? Something in between?
Your prices must generate profit and support your sales.
That’s no small feat, which is where pricing intelligence enters the picture.
Competitive Intelligence, a Game-Changer
Why Is Competitive Intelligence so Hot in Today’s Market?
6 most common mistakes in price monitoring and how to avoid them
Luckily, the days when employees of retail companies used to visit competitors’ physical shops to check product prices in every aisle are over now. Indeed, the primary goal of price monitoring is to enable companies to react (relatively) promptly to the price structure of the market and to adjust their pricing strategy.
