February 2022
a time of rising prices
Whether we are buying groceries, filling up at the pumps, or heating our homes, we are all seeing rising prices and significant increase in the cost of living.
The reasons for price increases are well documented. From rising energy and petrol prices, challenges with trade barriers, increases in shipping costs and much talked about goods shortages, our economies appear to be in a spiral of upward cost pressures.
Retailers and brands will see similar internal pressures over the coming months – with an ongoing and compelling need to keep an eye on price competition at the same time. They will want to both maintain sales and to preserve margins in a market where consumers will be shopping around more than ever before.
Our focus on the coming months will be to help our new and existing clients, using our competitor price tracking service to help them to monitor their respective price competition.
Using our market leading price tracking tools, our competitor price monitoring capability will quickly and efficiently collect information from online sources, and present information in a ready to use format – so that key competitive pricing strategy decisions can be made as soon as possible.
For more information, on how we can help to analyze competitive products and retailers, then please call us on 01782 409788, and we can quickly show how our online price monitoring services will help you to stay competitive.
