Without a doubt, competition in the e-commerce market is growing every year. Companies must acquire customers in various ways, including, above all, providing good quality products at an attractive price.
Nowadays, e-commerce comparisons such as monitoring competitors’ prices and adjusting your prices accordingly are essential. At this stage, Dealavo comes in – a tool for automating and optimizing price monitoring, which allows for effective product price management.
In today’s post, we will discuss how Dealavo works and how it can help your business.
Dealavo offers a tool that allows you to automatically monitor your competitors’ prices. Our technology is based on Machine Learning processes, and the results are complemented and verified by our Quality Assurance team.
Thanks to this, we guarantee that the data provided by our platform is of the highest quality.
Dealavo also offers Dynamic Pricing functions, which allow you to automatically change prices depending on the configured rules.
Dealavo operating principles, source: https://dealavo.com/en/price-monitoring
We offer up to 99% SLA to the most demanding customers, which means that we can guarantee the highest quality of services provided. Once your account is ready, we perform regular quality checks to ensure the accuracy of the data provided.
In addition, each client has his or her account manager who helps answer current inquiries and ensures that Dealavo is optimally used for the client’s purposes.
Our team is always open to sharing their knowledge. We organize training for new users of the platform and assist at any time. The most important thing that distinguishes our team is the quick response time.
We try to respond to customer inquiries as quickly as possible and implement their suggested changes as early as possible.
Dealavo offers a Dynamic Pricing (Repricing) feature that can automatically change prices depending on the configured pricing rules. This allows for continuous adjustment of prices on the market, which increases the company’s competitiveness.
Additionally, Dealavo allows you to monitor prices on many auction portals and online stores at the same time. This way you can track your competitors’ prices and adjust your prices to stay competitive.
In 2021, 17% of E-commerce companies had started using dynamic pricing in North America and Europe.
Thanks to this, you can automatically adjust your prices to those of your competitors based on previously established rules.
Dynamic Pricing process, source: https://dealavo.com/en/dynamic-pricing-products
At Dealavo you will find, among others, the following pricing rules:
There are many reasons why one should consider using Dealavo. A few of them are as follows:
Regardless, examples of companies that already use Dealavo show how much can be gained by optimizing price monitoring. Companies that joined our platform increased their profit by up to 50%.
The average increase in ROAS in Google Ads thanks to Dealavo is as much as 89%, and the opportunity to save time on price monitoring is 1,250 hours for companies that monitor 1,000 product prices on 5 websites.
Nowadays, the winner is the one who can sell products at the best price. Dealavo helps you achieve this goal by providing a tool to optimize your competitive price monitoring. Our platform offers many functionalities, such as automatic price changes or the ability to work with an individual consultant, which helps you obtain the best results. Use Dealavo now and see how much you can achieve!
The Dealavo panel. Source: www.dealavo.com