Online market information has become one of the biggest competitive factor in the industry, no matter how big or small the organization is. Gathered, integrated and distributed across different data sources this information can be extracted from multiple web sources like competitor sites, social media, market leaders & business information sites, e- commerce portals, partner […]
Learn how Retailers are separating themselves from the pack by using Business Intelligence. Retail market is too competitive and price sensitive. An Online Retailer was facing a critical issue with his business strategy to beat the competition and stay ahead of them all. The BI system that they were using to track their competitors was […]
Being in Online Selling Business, it is extremely challenging to offer best price of all products against the pricing of market competitors. Even customer’s today use Internet & Smart phones to dictate the prices they are willing to pay and publicize the same. The solution lies in using the same online channel to regain competitive […]
Online Retailers/Etailers are facing more and more competition on pricing, products and services . Online pricing intelligence solutions assist retailers gather data, information, quick insights, trends and analytics to create smarter business strategies setting the most effective pricing and rules. Here are some of the ways etailers are using competitive price intelligence solutions for savings […]
Social media is used as an online marketing channel to summarize what users are saying in a given professional and social environment. Web data extraction platform can provide data for research and analytics to derive patterns, trends and conclusions using these media insights. The extracted data can be inserted into text analytical tools, to […]
Online retail transactions are continuing to increase rapidly every year. Consumers are buying at record rates online and this development shift indicate that power has shifted away from the retailer and gone in the hands of the purchaser. At the same time, customer loyalty to online stores is decreasing. Consumers when shopping online, continuously follow […]
A consistent information framework is critical to track competition across the marketplace. In the first article we saw how actionable strategic and competitive information presented through advanced tools help organizations to enable rapid response to issues and its right usage assists in business process optimization. It was a good starting point – however in this article […]
Manufacturers sell their products through multiple distribution channels, from supermarkets to the internet. The most important objective for any manufacturer is to make its distribution channels sell products with a standard selling strategy. Whether its retail, wholesale or business-to-consumer distribution channel, it must fully complement the manufacturers products or services selling in different markets. Unfair […]
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