brainbi

Brainbi, developed by LIXAM LTD, is a price monitoring and analytics platform designed to assist businesses in tracking and analyzing competitor prices. According to the vendor, Brainbi offers real-time price monitoring, historical price data, price analytics, and integration options with various e-commerce platforms. It aims to help businesses optimize their pricing strategies and make data-driven decisions.

Key Features

Price Monitoring: According to the vendor, Brainbi allows users to track and monitor competitors' products in real-time across different countries, currencies, and online stores. It provides updates on daily prices, promotions, inventory, and changes in delivery costs and times.

Price Analytics: The vendor claims that Brainbi enables users to analyze pricing data to gain insights into market competitiveness. It offers features such as viewing price history and trends to make informed pricing decisions. Users can also identify competitor pricing strategies and analyze price elasticity and customer response to price changes.

Competitor Analysis: Brainbi allows users to compare prices, promotions, and inventory with competitors, helping them identify market trends and adjust pricing strategies accordingly. The vendor states that this feature provides valuable insights into competitor pricing strategies, market positioning, gross profit margins, and pricing dynamics.

Integration Options: According to the vendor, Brainbi seamlessly integrates with popular e-commerce platforms like Prestashop, WooCommerce, Magento, and Shopify. Users can also utilize API integration for data exchange with existing systems, including CRM, ERP, chat, and mail systems. The platform offers integration with planning and collaboration systems to facilitate effective collaboration.

Data Export and Reporting: Brainbi allows users to export pricing data and reports for further analysis and presentations. Users can set up alerts to receive email notifications for price changes, product availability, and competitor inventory. The platform also offers the ability to create customized reports with relevant data columns and provides comprehensive dashboards with over 20 charts for strategic decision-making.

Price Optimization: According to the vendor, Brainbi enables users to optimize pricing strategies based on competitor analysis and market trends. It aims to improve revenue and profitability through efficient pricing. Users can identify pricing opportunities and adjust prices dynamically based on real-time market data to increase sales and market share.