Competitor price monitoring/tracking software has become an essential tool for businesses to stay ahead in their markets and maintain their competitiveness. With the rise of e-commerce, it has become easier for consumers to compare prices and find the best deals. As a result, businesses must constantly monitor their competitor’s prices to remain competitive and maintain their margins. In this article, we will be discussing the top competitor price monitoring/tracking software that we are aware of so far in 2023.
DataSearch offers a comprehensive solution for e-commerce and retail businesses to track their competitor’s products and prices to make better-informed pricing decisions. This tool provides reports with price updates, product matching and comparisons, and market analysis in easy-to-read and useable formats.
DataSearch also provides data collection and aggregation for needs other than e-commerce price monitoring. Other uses have included gas price data acquisition, unified listing platform creation (such as Estate Searcher), and smart marketplace creation.
Prisync is another price monitoring tool, they are ideal for integrating with major e-commerce platforms such as Shopify, Magento, and Google Shopping.
Keepa is a browser extension that provides price tracking and alerts for Amazon products. This is an excellent tool for businesses that sell on Amazon and want to monitor the prices of their competitor’s products and even reprice their own.
Competera offers a broad range of solutions related to price monitoring, automated repricing, and pricing optimization. They have packages explicitly catered to businesses in various markets, such as Apparel & Footwear, Automotive Supplies, Grocery & Consumables, Health & Wellness, and more.
Competitor Monitor offers a competitor price monitoring software solution for retailers to track products, prices, stock levels, and customer reviews.
PriceRest provides creative price monitoring, repricing & MAP monitoring solutions to e-commerce companies worldwide.
This cloud-based eCommerce pricing tool monitors retail products and prices across e-shops, marketplaces (e.g., Amazon), and shopping apps.
PriceSpider offers a brand monitoring solution to e-commerce brands that want to monitor the online presence of their brand and their competitor brands. This tool tracks prices and performs data acquisition on product descriptions, stock levels, keywords, and search presence.
This is a cloud-based software that provides real-time price tracking and competitor analysis. Price2Spy integrates with major e-commerce platforms such as Shopify, Magento, and WooCommerce, making it easy for businesses to track their competitors’ prices.
PriceShape is another provider of competitor monitoring, product insight generation, and marketing optimization.
Octoparse is a leader in data collection as a whole, specializing in web scraping and crawling across industries. Their solutions range from scraping data across social media, news & content, higher education, automobile, and retail.
Klue is a platform that automates the collection of competitive and market intelligence. They also offer to streamline business analysis and distribution of insights by messaging team members within the business.
Repricer is a dynamic repricing tool that collects and compares Amazon product price changes and then uses AI to reprice your Amazon listings accordingly.
In conclusion, competitor price monitoring/tracking tools have become a crucial asset for businesses to remain competitive in the market. The top competitor price tracking and monitoring software in 2023 provide businesses with the tools they need to stay ahead of the competition and maintain their margins. Across the various tools on the market, some variations include integration methods (Shopify, Magento, Amazon) and the main source of the data you want to collect (e-shops, websites, social media). By using the software solutions that fit your business best, you can make informed decisions and remain competitive.