- competitors' price monitoring

Opportunities
Blog
Pricing

|

Welcome, Виткор

uXprice — competitors' price monitoring on Google by product name

uXprice - monitoring and analysis of competitors' prices for online retailers

Parsing competitors' prices

Dynamic Pricing

Competitive pricing analysis

Retail pricing optimization

Pricing Intelligence

Quick and hassle-free setup, without developer

uXprice — is a SaaS solution that monitors competitors' prices with 100% accuracy - the service collects prices from advertisements. This eliminates the collection of false prices that sites deliberately mix in to protect against parsing. And also from collecting prices for goods that are not in stock. The price monitoring service is connected in 5 minutes, without developers. To get a list of products for tracking, the price parser uses 2 methods:

1. links to your products on the web-site
2. link to your product data feed on Google Merchant, Facebook or Yandex

The price checking software can monitor the prices on products every day or according to your timetable. The competitors' prices analysis comparativos and competitive pricing strategy are a guaranteed increase in retail sales. As market researches show, you will see sales increase after the first month of use.

With the uXprice price optimization for e-commerce became really easy and you always know the optimal selling price. See how easy it is to connect the price monitoring software and how easy it is to work with:

Product price monitoring: 4 benefits in 1 solution

Actual data

The competitive analysis is available to you on a day-to-day basis. You can see all the fluctuations. And you can quickly make important management decisions on pricing.

Sales increasing

An online retailer looks at the real price picture and how the target buyer sees it. Use the competitive pricing to optimize prices and increase your sales.

Profitability Growth

The competitive price strategy increases e‑commerce income by 25% on average and returns on investments in advertising by up to 10%.

Reprice products rapid

Price optimization in retail has become easier than ever. With uXprice, weeks and months to repricing all positions turn into days.

Actual data

The competitive analysis is available to you on a day-to-day basis. You can see all the fluctuations. And you can quickly make important management decisions on pricing.

Sales Boost

Adjust the prices to boost your sales.

Profitability Growth

The competitive price strategy increases e‑commerce income by 25% on average and returns on investments in advertising by up to 10%.

Reprice products rapid

Price optimization in retail has become easier than ever. With uXprice, weeks and months to repricing all positions turn into days.

Price monitoring software’s capabilities

Our customers increase their sales up to 30%

uXprice tracks competitors’ prices in the following countries: Russia, Ukraine, the USA, Germany, Belarus, Kazakhstan, India, Canada, France, UK, Turkey, Romania, UAE, Singapore, Australia, Ireland, New Zealand, Austria, Georgia, Belgium, Uzbekistan, Zambia, Uganda, Tanzania, Cameroon, Ghana, Hong Kong, Kenya, Lebanon, Mauritius, Nigeria, Pakistan, Philippines, Puerto Rico, South Africa and Zimbabwe.

If your country is not listed above, please email us info@uxprice to add it.

We do our best to make competitive monitoring and market price analysis available to all online stores.

uXprice finds all advertised sellers for each individual product in your range. No customization for each competitor's website and no links to competitors' products.

The search is automatic and does not require your participation. For complete control you can look through the list of found competitors and edit it.

For each future monitoring an AI-based algorithm will learn from your actions, remembering the products you left behind and deleted. In the future it will be able to determine which products to track or to not independently. If you want, you can also review and correct the list of items that are not accepted for tracking.

On average, the price monitoring software finds nearly 20 competitors for each item of our clients products (from 1 to 400).

This is a large amount of data the independent analysis of which will take a long time. Hence apart from the standard metrics: number of competitors; your position among competitors; average, min and max prices; the difference between your price and the average, min and max prices in percentage terms, the price monitoring software also gives recommendations on the optimal selling price.

The recommended price is the best point for each item which will bring you maximum clicks on advertising and maximum sales. The retail pricing formula for calculating the Best price points is based on CTR studies of the dependence and conversion rate from product price. As a result, our price recommendations can increase our customers' revenue up to 30%.

To simplify your price optimization, uXprice can download data on each product in XLSX (Excel), PDF, CSV formats.

These are the comprehensive data that are automatically recalculated in your own personal price dashboard: price position among competitors, average market price, delta of your price from the minimum, maximum and average competitive prices.

You can automatically request any data of the uXprice price monitoring software from your own personal price dashboard — through the provided API to yourself. How does that aid us? The specific information for making the right managerial and commercial decisions.

For example, before the order a procurement specialist sees data on competitive prices. If he comes to the conclusion that your purchase price is too high to operate at least in the middle-market segment, he decides not to continue working with current suppliers and to look for new, better-priced suppliers.

Competitors’ price monitoring in 36 countries

Automatic products matching

Optimal selling price recommendations

Export of reports to the spreadsheets of thousands of products at once

API integration with your website

Competitors’ price monitoring in 36 countries

5 seconds is the time today’s buyer on Google Shopping spends to find the best price for the wish-list goods whilst not ever leaving the Google search page.

uXprice will help you quickly analyze the prices of the goods to adjust them and make them stand out among competitors within Google Shopping.

Moreover, uXprice provides a product list to view all prices and product details at a glance. Thus, if you have thousands of products but only 10 need to be reevaluated, uXprice will analyze and offer pricing adjustments without manual input.

Automatic products matching

uXprice finds all advertised sellers for each individual product in your range. No customization for each competitor's website and no links to competitors' products.

The search is automatic and does not require your participation. For complete control you can look through the list of found competitors and edit it.

For each future monitoring an AI-based algorithm will learn from your actions, remembering the products you left behind and deleted. In the future it will be able to determine which products to track or to not independently. If you want, you can also review and correct the list of items that are not accepted for tracking.

Optimal selling price recommendations

On average, the price monitoring software finds nearly 20 competitors for each item of our clients products (from 1 to 400).

This is a large amount of data the independent analysis of which will take a long time. Hence apart from the standard metrics: number of competitors; your position among competitors; average, min and max prices; the difference between your price and the average, min and max prices in percentage terms, the price monitoring software also gives recommendations on the optimal selling price.

The recommended price is the best point for each item which will bring you maximum clicks on advertising and maximum sales. The retail pricing formula for calculating the Best price points is based on CTR studies of the dependence and conversion rate from product price. As a result, our price recommendations can increase our customers' revenue up to 30%.

Export of reports to the spreadsheets of thousands of products at once

To simplify your price optimization, uXprice can download data on each product in XLSX (Excel), PDF, CSV formats.

These are the comprehensive data that are automatically recalculated in your own personal price dashboard: price position among competitors, average market price, delta of your price from the minimum, maximum and average competitive prices.

API integration with your website

You can automatically request any data of the uXprice price monitoring software from your own personal price dashboard — through the provided API to yourself. How does that aid us? The specific information for making the right managerial and commercial decisions.

For example, before the order a procurement specialist sees data on competitive prices. If he comes to the conclusion that your purchase price is too high to operate at least in the middle-market segment, he decides not to continue working with current suppliers and to look for new, better-priced suppliers.

Competitors’ Price Analysis

With uXprice you get a price comparison for items and sound analytics. Every day the automatic compiling indicators are made to help you to see the products that need price optimization.

1

Average product price and Delta from the average price

These indicators provide an overview of competitors' prices. If your pricing strategy is to keep the average price on the market, use Delta sorting from the average price. Comparison of competitors' prices allows you to identify in one click the products with the maximum deviation from the average price — these are the prices to be optimized

2

Delta from minimum and maximum price

Sorting by these indicators will help to identify items whose prices deviate from the general strategy in a quick way. Use Delta sorting from the minimum price when your choice is a Low Price Strategy. At the same time, the High Price Strategy and the marketing plan based on it are easily controlled by sorting products by Delta from the maximum price.

3

Price position

The metric shows your competitiveness and the position of your product price among the prices of all the sellers. You will also have access to general statistics on the number of your minimum and maximum price items as well as the number of items "in the market" (competitive price according to recommendations).

4

Best price points recommendations

The best price points are recommended by the price optimization software to increase sales volume. It is based on the analysis of collected data for each item.

uXprice competitor price analysis: setting the optimal price

Pricing Intelligence advantages

Up to 100 competitors for each product

The capabilities of other price monitoring softwares are limited by the number of competitors whose prices you can analyze. And this number is very small, for example, 3-5 stores.

With uXprice you will monitor up to 100 competitors for each item at a fixed price.

Instantaneous connection

If you have ever been interested in other price monitoring services, you know that they all require extra installation and integration work. It takes several weeks, requires constant refinement and developer’s services.

uXprice is a simple and user-friendly price tool that you can connect in 5 minutes by yourself. Just as quickly you will get the first results of your competitors' price monitoring.

100% accuracy of results

Online stores try to protect their data from competitors’ scraping. To that end developers make a price swap for bots that collect them. It is a one rotten apple that spoils the bunch after which all the taken information is not actual.

uXprice collects prices just from online advertising, which gives 100% accuracy of results. This way you get data from "real" sellers who actively advertise their products.

The detection of new competitors is automatic

While monitoring several competitors, you have only a few puzzles from the big picture. There is no complete picture of the market price analysis situation. At the same time, the buyer sees the whole picture and selects from the dozens of sellers.

Pricing Intelligence gives you a holistic view while monitoring all the active competitors. And even when new sellers occur, you are the first to have the full information. The detection of new competitors is automatic for all items.

Pricing Intelligence is your competitive advantage in retail

Get all the necessary metrics in 2 clicks to make timely price decisions

Create your account

Add your products

Mark competitors for tracking

Get pricing analytics and recommendations

Create your account

Add your products

Choose items for price monitoring

Mark competitors for tracking

Get pricing analytics and recommendations

Price optimization is a guaranteed sales growth!

Parsing product selection page

The existing analogues of price monitoring software take quite a lot of money in the form of a fixed subscription fee for their services. The connection and adjustment of the web-site price scraper for each competitor's site also costs money and takes time. As a result, the online store has to make monthly payments, even if it does not have time to analyze and use the obtained data fully.

uXprice is an affordable price tool for all because its commercial model is based on the most fair calculation:

no monthly mandatory charges
balance checks do not expire within 1 year
cost of checking 1 item is fixed and does not depend on the number of found indirect competitors
if there are no competitors on the item, the check is not charged

Используйте готовые решения оптимизации цен от uXprice или настраивайте переоценку по собственным правилам на основе данных рынка.

bubble

bubble

bubble

Pricing

Choose the plan that suits your needs

Tariff plans
Balance

Lite 99$/mon
35 000 credits

Standard 299$/mon
105 000 credits

Advanced 999$/mon
350 000 credits

Enterprise ***$/mon
***

Monitoring of competitors' prices by links

Monitoring one link
Manual linking of goods

1 credit

1 credit

1 credit

***

Automatic selection of competitors

Up to 100 competitors
per product

5 credits

5 credits

5 credits

***

Pricing strategies

Price strategy templates
Price recommendation

***

Additionally

Configuring monitoring by day of the week
Technical support
Export reports to XLSX, CSV, PDF
API access
Checking product availability
Updating your prices
Number of competitors

not limited

not limited

not limited

not limited

Try uXprice for free:

instant search for competitors
convenient report with analysis of collected prices
quick revaluation according to your rules

Expert opinion

Successful retailers regularly monitor the competitiveness of their prices

1% increase in price can produce 10 percent improvement in profit

Mark Stiving

Pricing expert, RAINMAKER 23.10.2013

Show all

Pricing Executive Microsoft

Laura Preslan

Research has suggested that price management initiatives can increase a company’s margins by 2 to 7 percent in 12 months, yielding a return on investment of between 200 and 350 percent.

Show all

CEO LaunchTeam

Jared Polites

Monitoring the competition should be second priority behind your brand and your customers.

Show all

Forbes Councils Member

Christine Haas

No matter what industry you’re in, there is going to be competition — from other companies that make a similar product to businesses that tout a solution to the same problem you’re trying to solve.

Show all

CEO OptinMonster

Thomas Griffin

Monitoring your competition can take up a lot of valuable time if you let it. To make more time for expanding and growing your own company, you should only focus on your biggest competitors.

Show all

Pricing Executive Microsoft

Laura Preslan

Research has suggested that price management initiatives can increase a company’s margins by 2 to 7 percent in 12 months, yielding a return on investment of between 200 and 350 percent.

Show all

CEO LaunchTeam

Jared Polites

Monitoring the competition should be second priority behind your brand and your customers.

Show all

Forbes Councils Member

Christine Haas

No matter what industry you’re in, there is going to be competition — from other companies that make a similar product to businesses that tout a solution to the same problem you’re trying to solve.

Show all

CEO OptinMonster

Thomas Griffin

Monitoring your competition can take up a lot of valuable time if you let it. To make more time for expanding and growing your own company, you should only focus on your biggest competitors.

circle

Cases and useful information

Everything About e-Commerce: Marketing, Effective Pricing Strategies and Market Research

Parser of Competitors’ Pricing: To Write or Use Ready-Made One?

Parser of competitor prices is automated price collection from the websites predefined by you. These may be both individual online shops and price aggregators. To parse open data from websites, developers write web applications adjusted to scan data with a required frequency.

Competitive pricing — implementation case and results

A practical case on using competitor price monitoring service with the following results: online store's revenue growth by 36%, increased ROI in advertising by 8%.

Dynamic Pricing for Online Stores

Dynamic pricing is the adaptation of prices according to the situation on the market in real time. The higher the number of sellers and market share, the more frequently you need to optimize the prices.

Go to blog

What is the benefit of price monitoring for e-commerce?

Marketing strategy is the planning of measures to achieve sustainable competitive position in the long term. Its basis is competitive monitoring. Each online retailer has its own individual marketing mix (a set of tools to promote their products), one of the key elements of which is a price strategy. Having defined it, the online retailer understands how to set the optimal retail price on any of his products.

As a rule, each pricing strategy is based on supplier prices, but its success depends on competition in the market. The higher it is, the more important is the retail price. Realizing this, the retailer aims to monitor other vendors’ prices regularly. Due to the fact that many stores sell similar items, the struggle for a shopper goes at the level of the most pleasant price offer. Therefore, to be attractive to the buyer you need to regularly monitor the prices of competitors, that is, other online stores.

How to do it? The most popular variant is — manually. It takes a lot of time and does not allow to react quickly to the price maneuvers of competitors. Therefore, online stores often analyze only the most popular positions.

And what to do if there are thousands of them? Then it becomes impossible to track competitors' prices manually at all. And the banal scraping comes to mind. But, data without dynamics and analytics are inappropriate. They do not permit to take prompt and exact decisions regarding prices.

Another option is to find a price management software that monitors competitors' prices automatically. And this is not a simple scraping of competitors' prices, but a multifunctional analytical price optimization software. There are some analogs in the market. However, they work on the principle of monitoring specific competitors, not products. And there are only 3-5 competitors. Therefore, such a model is not quite effective from a business perspective.

uXprice — products price tracking for e-commerce

The buyer is usually looking for a product, not a particular store. He conducts his tacit monitoring of the prices of online stores and selects the one who will make the best offer for him.

On this effect the specificity of uXprice software is built, which provides price tracking software of specific items. It shows offers almost of all the online stores. So you know the price at what the same product is offered by other retailers on the market. Also you have the opportunity to see similar products and track their prices.

And if tomorrow or in a few days you have a new competitor for a particular product — you will immediately find it out. Immediately, not in a few weeks (or months), when he already sold his stock.

E-commerce is impossible without evaluating your competitiveness on the market. Let's move to the language of digits so you can understand the merits of uXprice and conclude why it's a profitable software to monitor competitors' prices. Let's say you have 100,000 products in your range. However, competitor prices are tracked for only 10,000 products (due to limited resources). If your employee spends 1 minute manually tracking competitors' prices for one item, it will take 10,000 minutes or 166 hours or 20 working days.

uXprice software makes this process automatic and speedy. In the result you save up to 80% of your (and your employees') time and considerable sum.

Dashboard - competitors' price monitoring

Competitors' price parsing in Google Shopping

Pricing Intelligence

uXprice is much more than scraping competitors’ prices because it will provide you with important pricing analytics every day:

report on products for which the price is understated or overstated
best price points recommendations according to your pricing strategy
summary information about changes in competitors' prices
notifications of new competitors for each item
analysis of your price position among competitors

We’ve done our best to make the start-up process as easy as possible for you. You don't need a programmer or a setup specifically for your store. Only 5 minutes of your time and you connect everything by yourself.

The interface is simple, everything is intuitive, informative in content and accurate in its authenticity.

See for yourself:

Create your account
Add your products
Choose items for price monitoring
Mark competitors for tracking
Get pricing analytics and recommendations

Frequently asked questions

🔎

What is the benefit of competitors’ price monitoring?

Competitors’ price monitoring is a service for finding your competitors and constantly monitoring their prices. The purpose of price collection from other sellers is to know the overall market situation and use this data for price optimization in your online store. The retail pricing software provides comparative competitor pricing analysis, which makes it possible to determine the prices for items that will bring maximum sales and profit.

🧭

What is competitive pricing?

Competitive pricing is the repricing of items in your online store taking into account the other sellers’ prices. A regular monitoring of competitors' prices and analysis of these data allow us to determine the optimal selling prices on your items. Following price recommendations the store can increase its profit up to 30%.

Competitive intelligence softwares search the competitors, compare products and analyze collected prices.

🎯

What kind of pricing strategies exist?

Pricing strategy is a key element of marketing. There are 3 main pricing strategies:

low price strategy
high price strategy
average price strategy

By applying any of them it is necessary to constantly monitor competitors' prices and obtain data on the average market price for each individual product. This is easy to do by using retail pricing softwares that provides analisis comparativos of prices.

⚖

How does price scraping differ from price monitoring software?

Price scraping is a collection of prices for products from definite sites, for each of which you need individual settings. As a result you get a useless document that doesn’t have necessary metrics and analytics to make decisions on your product prices. Price monitoring software differs from simple price tracking by the availability of your own personal dashboard for work, necessary metrics for analysis of the received data and price recommendations for optimal selling price.

📊

What is dynamic Pricing?

The dynamic pricing is the rapid repricing of your products in response to changes in the elasticity of price demand and amount of offers in a market. A speedy reduction or rise in prices for hundreds and thousands of items daily became possible by using price management software.

They systematically monitor competitors' prices, structure the collected data by key metrics and allow you to change your own prices automatically.

👍

Do you scrape competitors' prices?

uXprice is a SaaS software for competitors’ price tracking with which tracking of prices will be easy and enjoyable. There is no customization for each site, no manual comparison and no limits on the number of competitors. Also you have an access to analytics with important pricing metrics for each product: number of competitors, average, minimum and maximum prices and deviations from them and also best optimal selling price recommendations.

Try Out uXpricing Now!

Every minute of delay reduces your profit