PriceWatch for Retailers

Competitive Pricing Information

PriceWatch is a powerful competitive intelligence subscription service that enables you to monitor and track online prices of a customized product list, which may contain hundreds or thousands of items. These products may be branded or private label items, tracked nationally or locally in price zones across the country.

Leading Internet retailers in the United States use PriceWatch as an integral part of strategic pricing initiatives that drive gains in revenues, profits, or market share. Whether your strategy is to create innovative pricing programs to crush the competition or simply to respond to competitive pricing moves, PriceWatch provides the near real-time pricing information you need, as frequently as you need it.

Pricing Analysis Reports

Pricing Analysis Reports enable you to compare your prices and percentage variances with those of the competition. You can see when and where targeted competitors' prices are changing, and by how much. You can even determine if a competitor is treating a particular product as a loss leader. Specifically you can:

• Determine exact product price comparisons.
• Make price comparisons with similar products.
• Receive alerts when competitive prices have been increased or decreased beyond a percentage threshold you specify
• View specific price ranges offered by the competition.
• Uncover and anticipate competitive promotions and price discounting practices.
• See how the competition is treating shipping charges.
• Determine if the competition is offering special product bundles or discounts.
• View historical pricing trends to identify competitive pricing strategies.

Benefits Summary

PriceWatch is a Software-as-a-Service application that delivers a proven ability to:

Take effective pricing actions to increase profits, revenues, or market share

• Use accurate and timely competitive pricing information to inform weekly, daily, or hourly pricing actions
• Set everyday and promotional prices for online and store products to ensure competitiveness in national and local markets
• Create and manage zone pricing programs
• Define and optimize initial, everyday, and promotional pricing based on an accurate knowledge of national and local competitive product prices

Measure how well you deliver on your price brand promise

• Compare your prices with those of key competitors to measure and manage price brand image against internal goals and objectives.

For further information, please contact us via info@rivalwatch.com or by phone at 408-530-1000.

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