Granularity – what is it and how does the level of detail in store-based data analysis impact business insights and decision-making?
Price analysis is the study of the market value of e-commerce products and services based on supply and demand at any given time. Price analysis is necessary when making business decisions, especially when different pricing options are lower, as is margin, for the same product.
This year the 26th of November is The Day when a season of Big Hunting begins. All fans of discounts, promotions, or other low-price occasions will search and count on dreamed items. They saved for months, and now they are ready to spend a pretty amount of money in brick & mortar, but also on the Internet. Sounds optimistic?
As we all know, e-commerce has boomed over the span of the last couple of years. Besides growing revenue streams coming from this part of the industry, there is a 2nd factor that is heavily increasing. Competition!
The analytical team from Modvise has conducted a study comparing prices of products available during the start of 2021 Allegro Smart! Week shopping festival.