Price Control
- Competitor Price
Monitoring Service

The price monitoring service is a complex software and hardware complex designed to solve the problems of price control on the Internet for manufacturers and importers and competitive pricing for online stores and merchants.

Firstly, it is a program that can collect and aggregate price data from the internet.

Secondly, it is a database with a user-friendly interface that allows customers to analyze the prices of competitors and partners. How price analysis of competitors of the Price Control service works can be found in our article “Analysis of competitors’ prices in the Internet market”.

Thirdly, it is a convenient tool for revaluing your own goods based on competitor prices.

Fourthly, it is a team of professionals who help to deal with violations of the sales policy of our clients on the Internet channel.

Online price monitoring is perfectly legal. The price parser is configured to collect information that is freely available on websites and marketplaces.

Anyone can view this information and use it as they see fit. Online stores do not hide it, but often add it
in advertising and mailing their offers.

Services for automatic monitoring of site prices only make data collection fast and analysis convenient.

Monitoring competitors’ pricing is not an end in itself, but a tool. First of all, you need to determine the purpose of your monitoring.

To control compliance with your pricing policy on the Internet, you need to find platforms that sell your brands. We recommend controlling the entire online market, but you can limit price parsing to a number of marketplaces or price aggregators.

To monitor competitors’ prices, you need to identify your direct competitors for each product category and set up the collection of information from their websites for further analysis of their prices.

Often it is also necessary to monitor the merchants of large marketplaces and a number of price aggregators.

The competitor price analysis service contains a high-quality competitor price parser, an analysis block of collected information, and a revaluation block according to the rules you set.

If you have any difficulties with self-collection – please contact our service.

To always know the latest prices from your competitors, our competitor price monitoring service is simply indispensable.

It allows you to monitor product prices from your competitors’ websites, analyze the collected data to ensure your prices are in line with market prices,
provide recommendations for price adjustments, and automatically upload approved changes to your platforms.

Competitive pricing is a method of setting your own site prices based on an analysis of competitors’ prices for similar products.

It is necessary to systematically monitor the prices of competitors, for which the price parser program from sites is used.

It is also necessary to set up the repricing block according to the rules, based on the prices of competitors collected as a result of parsing.

The term “Dynamic Pricing” originates from the way airline tickets are priced based on seat availability and competitors’ prices.

For modern online stores, this technique is also well applicable.

They regularly monitor prices on the Internet, and adjust their offers based on competitors’ offers.

The price parser in online stores is one of the most common
price monitoring software.

It scans competitors’ websites according to a predetermined schedule and collects all information about prices, discounts and availability of goods on them.

Then the program automatically re-evaluates prices on its own website, and so on many times a day.

Dumping the price of goods on the Internet has become a serious headache for many of our customers. When prices are dumped, loyalty programs do not work, trust in the brand is undermined, online sellers refuse to sell TM products. How to deal with dumping of your goods on the Internet?

To combat dumping, first of all, dumping must be detected.

Monitoring market prices will help you regularly review the sites of your partners and competitors. 

The price parser for online stores adjusts to the stores and marketplaces you have chosen for analysis and bypasses them according to a given schedule.

You can see who and when begins to violate the established pricing policy, you can either contact the site to eliminate dumping, or automatically recalculate your offer price even cheaper and upload it to the site.

Price monitoring on sites is always a process associated with many unknowns. Each site has its own architecture, is built on different constructors or written by hand, has its own protection against parsing. Until you start setting up the parser for collection, you don’t know what problems you will encounter.

Marketplace site price monitoring is usually more difficult to set up. Behind each marketplace is a large team of professional programmers. In some cases, they create such protection against automatic price collection from their pages that it becomes difficult or not cost-effective.

Often this is due to the desire of the marketplaces themselves to sell price information to users. A living example is Google Shopping.

Online price monitoring automatically tracks deviations from the recommended retail price (RRP) on online stores and marketplaces. The system detects instances of dumping in real time and notifies the brand or distributor of violations, enabling prompt response, maintaining pricing discipline, and protecting margins.