Imagine millions of websites are competing to take your place and dominate the market. Because of this, it is so important to know whether your competitors have related products with you or not.
In recent years, Big Data analysis has been in high demand, and there are no longer any projects without involving data sets in some way.
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.
Read on for a grasp of numbers, handy approaches, and how they might affect your e-commerce business this year.
Today, e-commerce is more competitive than ever. This vast menu of competitive activities is forcing Brands and Retailers to really compete for the attention of buyers.
When your products are cruising worldwide to land on retailers’ or marketplaces’ digital shelves, you do not want to be just an observer.
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!
Price sensitivity is a well-known topic both for offline and online shops. Even if you have never focused on it before, you have noticed it while running your business.
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