Competitive price intelligence also called price intelligence, in ecommerce terminology, competitive price intelligence refers to the use of detailed analytics to create and optimize For example, a retailer might use price intelligence tools to scan the Web for pricing data, then use competitive price intelligence software to optimize its pricing based on the accumulated pricing data in order to better compete in the market and improve sales. a retailer's pricing strategy.

1. PRICE INTELLIGENCE
PRESENTED BY

2. WHAT IS PRICE INTELLIGENCE
Competitive price intelligence also called price intelligence, in
ecommerce terminology, competitive price intelligence refers to
the use of detailed analytics to create and optimize For example,
a retailer might use price intelligence tools to scan the Web for
pricing data, then use competitive price intelligence software to
optimize its pricing based on the accumulated pricing data in
order to better compete in the market and improve sales. a
retailer's pricing strategy.

3. KEY ELEMENTS FOR PRICE INTELLIGENCE
Price
intelligence
Discovery
Matching
Extraction
Cloud
computing
Measurable
data quality
Reporting and
Analytics

4. ITSYS Solutions platform allows you to quickly and efficiently understand what is happening in your
markets, what has changed, where you have price gaps that matter that could be costing you thousands,
and how to close them fast.
• Web-based decision support system
• Competitive pricing results
• Role-based dashboards identifying critical price differentials
• Point-n-click drill down access to interrogate the data
• Trends and comparisons
• Built-in analyses, metrics and graphics
• Exportable files
• Email alerting

5. PRICE INTELLIGENCE HAS BECOME A TABLE STAKES REQUIREMENT FOR
RETAILERS, FOR SEVERAL KEY REASONS:
 1. Increased consumer price sensitivity
 2. Increased aggressiveness from competitors. Retail giants like
Best Buy and Walmart change prices upwards of 50,000 times
per month. Amazon is the most aggressive with pricing, changing
prices every 10 minutes or even more often than that at times.
 3. Increased price transparency and showrooming Increasing
smartphone adoption has played a large roll in the prevalence of
showrooming because there are several options for price
checking apps; Amazon has Price Check, eBay has Red Laser, and
Price Tracker is another favorite. These companies are making it
easier for consumers to ensure that they are getting the lowest
price. This phenomena is on the rise because 20% of
smartphone users check prices in stores and buy online for
cheaper, but 96% plan to showroom in the future.

6. Contact Us
ITSYS Solutions Pvt. Ltd.
India: +91-9654653433
US & Canada: (518) 481-3433
UK: 020 3239 7570
Web: www.website-scraping.com

7. Thanks For Visiting Us