Competitor Monitor

Competitor Monitor is a price intelligence tool offered by Competitor Monitor. According to the vendor, it helps retailers and brands monitor and analyze competitor products, prices, stock levels, and customer reviews. The product provides real-time data and insights to make better pricing decisions, react to market trends, and protect brand reputation.

Key Features

Competitor Price Monitoring: According to the vendor, Competitor Monitor constantly monitors and analyzes competitor products, prices, stock levels, and customer reviews. It aims to provide real-time data and insights to help users make better pricing decisions.

Display Current Price: The vendor claims that Competitor Monitor displays the current prices of competitor products, allowing users to compare prices and adjust their own pricing strategies accordingly.

Display Price Change (Last Month): According to the vendor, Competitor Monitor shows the price changes of competitor products over the last month. The feature aims to help users identify pricing trends and adjust their own prices accordingly.

Turn stock fluctuations into an advantage: Competitor Monitor provides instant alerts on competitor product availability, according to the vendor. This feature allows users to react quickly and promote the right products at the right time. It also enables dynamic pricing to take advantage of stock fluctuations.

Prevent data overload: According to the vendor, Competitor Monitor delivers actionable data through bespoke reports and advanced features. It provides 24/7 access to pricing data and market competition analysis. The product is designed to update data as often as required and in any format.

Brand insight / Market Position: Competitor Monitor monitors product levels, discounts, and reseller assortment across multiple industries, according to the vendor. This feature aims to help users prioritize actions and gain a competitive edge. It provides insights on how brands compare in the market.

Protect your brand reputation: According to the vendor, Competitor Monitor analyzes retailer prices and online sentiment to assess the impact on brand performance. The feature helps brands understand their market strategy and make informed decisions.

React to market trends: Competitor Monitor provides full marketplace and multi-industry visibility, according to the vendor. This feature enables users to pinpoint changes, understand the reasons behind them, and respond appropriately. It aims to help brands stay agile and adapt to market dynamics.

Simplify complex vehicle variation matching: Competitor Monitor tracks changes in the automotive market, including new codes, descriptions, and modifications, according to the vendor. This feature provides actionable data for pricing decisions and market positioning.

Track both New and Used: According to the vendor, Competitor Monitor monitors both new and used vehicles and parts in the automotive market. This feature aims to provide comprehensive market insights for better decision-making.