Competitor Price Tracking
Quantium helps businesses:
- Derive meaningful commercial insights on competitors’ pricing structures across a variety of industries – including banking and insurance, FMCG, consumer electronics and even second hand goods.
- Identify which products are under priced or over priced comparative to their competitors, across different product variants and markets.
- Discover where they can drop prices to increase sale volume, or increase prices to avoid missing out on incremental revenue and margin.
- Respond in real-time when competitors change their prices, rather than waiting for out of data reports and market research.
Benefits of the Quantium approach
Market leader As the market leader in price tracking, we have proven experience in obtaining competitor price information across many industries including online retail, insurance, banking and even parcel delivery services. This capability is also powerful in other categories where capacity may be limited, such as hotels and air travel.
Commercial pricing experts Our infrastructure of competitor price comparison web bots, quote monitoring tools and analysis software enable you to derive highly relevant commercial insights and understand exactly where your prices sit relative to your competitors. These insights become integral to modelling and price scenario testing.
Proven experience We have established price monitoring services which have become central to some markets and the performance of its key competitors. Our experience is established in both website data gathering as well as the analysis of proprietary shopper data.