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Competitor Price Tracking in E-Commerce

Discussion in 'eCommerce' started by mertgencler, Mar 8, 2018.

  1. #1
    E-Commerce is huge and the competition is really harsh especially in price wars. As online shoppers have an immense variety in online market and have great ability to find the best deals, they don’t hesitate even a second to prefer one of your competitors. Also, the majority of them consider pricing as the very first criteria affecting their buying decision. So, under these conditions, I would like to learn e-commerce owners' thoughts towards this topic. How do you define your e-commerce pricing strategy? Are you focusing on competitor price tracking? Do you change your prices according to the price change of competitors? How do you track your competitors' prices? Manually? Or, using a software?
    mertgencler, Mar 8, 2018 IP