Price Analytics categorize a broader array of price variations in the online marketplace. Organizations can be made informed in real-time about business opportunities or threats with increase or otherwise sluggish market pricing levels respectively. It helps corporate executives to control and prioritize pricing affect by early detection of expected business and market impact.
How this should be executed –
Tracking competitor pricing manually will eat much of your resource time rather than they focusing on their core competency. If you automate this with your business processes it would fetch better results increasing your employees’ productivity – leading more company sales and revenue.
Who should use this solution & why –
Business analysts and managers use DataCrops Online Market Intelligence solutions to track internal and external online marketing channels. Their primary goal is to bring more sales by guiding sales channels with market intelligence inputs to reduce sales cycle, increase company revenue and improve decision making across sales & marketing channels.
DataCrops competitive pricing solutions give power to resources to track major information more effectively enabling them to focus on results rather than spending money, resources and time on identifying business issues.
For Channel Managers:
- Monitor channels to take control over sales, marketing and operational business channels
- Control & regulate pricing and distribution channels to work in the market ethically
- Finally – Achieve complete business transparency
For Brand Managers:
- Maintain brand value by controlling major price discrepancies in multiple marketing channels
- Control on overly ambitious promotional strategies in the market affecting brand standing
- Finally – Guard, maintain & augment brand value
For Product Managers:
- Speedily find potential market opportunities to take early business advantages
- Identify threats and react to competitor pricing changes on real-time basis
- Finally – Increase focus on core competence
Aruhat: DataCrops web data extraction platform:
Aruhat’s DataCrops 5.0 is future ready web data data extraction platform that converts data into business. DataCrops web data extraction platform for ‘Online Market Intelligence‘ has been designed to effectively build market intelligence for organizations. It helps gaining business analytics, competitive intelligence, brand intelligence and ultimately empower resources by automatically extracting data from multiple web sources. It assists in keeping tap on information like product prices, product reviews, price movements and competitor moves in media.
Web sources include, webpages, blogs, deep web, login-protected sites, RSS feeds, social media. The solution enables automated scheduled data delivery to key decision makers with preferred reports via dashboard, email, FTP, integrate with other IT infrastructure.
If you are interested in learning more, check out our website https://www.aruhat.com/datacrops, and enroll for a product demo by contacting at anil@aruhat.com.
Share the post "How price analytics assist Channel, Brand & Product Managers multiply business opportunities"