Price and promotion Insights
Prices and promotions are the basics of e-commerce. Everybody is having them, but to understand the big picture you need reliable and quick access to all the data. Modvise is providing a full overview of both Price Changes and Promotional activity which occurs on your and your competitor’s products. Based on the delivered data you will be able to act quickly and well educated. Read more about different pricing strategies that will help you win the game.
- Price changes history
- Alerts and notification
- On-site Banner tracking
- Product Availability Status
Price Monitoring is the beating heart of our company. We are experts at extracting data from websites. At Modvise we strongly believe that only good and exact data can boost your business! That is why we are focused on harvesting information directly from retailers’ web pages. As there are many places from where you can get quick access to aggregated data there is still the problem of quality which is the most important part in the decision-making process. Once you have the best in class insights about price changes and promotional activity you can focus on taking the best possible strategy for your Brand.
With our unlimited data history you will know, long-term, how product price, stock, brands and categories develop over time, helping you to decide which moment and price strategy to use in product launches. Analyse the price evolution over time to discover what price strategy each distributor applies, determining which companies monitor each other and with what profit margin.
Know when the stock of a product is out in your distribution channel, being able to proceed in replacing it and preventing your brand being at a disadvantage compared to your competition. Your team will receive an alert by email telling you which distributors and which products are out of stock, also being able to integrate this notification in your own systems with a CSV file.
Over 20 configurable graphs at your disposal within the most complete pricing dashboard for brands and manufacturers in the market. Designed by retail and pricing experts, you will be able to analyse all relevant data for strategic decision making therefor allowing you to see non authorised distributors that may harm your brand’s reputation, and even ratings and opinions of your products and those of your competitors. All graphics can be exported for use in your presentations or reports.