Automated insights for the spare parts industry in mechanical engineering
With our solution, which has been successfully proven in the trade for many years, you create market transparency for a few 100 to over 100,000 spare parts – if required, even hourly.
Faster than your competitors.
With priceintelligence’s price monitoring solution, you get a comprehensive overview of the competition and the market in no time. By constantly monitoring the prices, promotions and stock availability of your competitors, you can quickly adjust your prices. You can always keep an eye on your competitors’ ratings and their relevance. In all the countries that are relevant to your business. At whatever interval you choose. Several times a day or even hourly.
100% product matching, powered by AI.
Our price monitoring solution offers you fully automated product matching – enabled by our smart, self-learning AI technology. We also verify the output to ensure that there is an exact match, even with vast quantities of items. Alternatively, you can choose a hybrid solution where product matching is done both manually and AI-based. No matter which approach you prefer, you can fully rely on our data and on priceintelligence to reprice your products automatically.
We have trained our matching algorithms for years on hundreds of millions of data records to ensure that you get accurate and reliable results. We also inform you proactively about our level of accuracy on a daily basis. Thus, you can always be certain that you are making the right decision and setting the right price. You may be faced with even greater challenges, for example, if you want to compare your own brands with the respective products of your competitors. Whatever your needs, you can always rely on our experience and our data scientists to provide you with a reliable solution.
Comprehensive overview of marketplaces, portals and product ranges.
We not only track prices on popular platforms for you. We supplement this knowledge with information on your competitors’ entire product range by analysing and comparing their shops. Thus, you will be able to find out which products your competitors are offering, which items are more popular and what your competitors are advertising.
Keeping an eye on price history:
Keep track of how trends in the market evolve and how the prices of specific items change over time. Price history provides the raw data you need to make an informed decision about your future course of action. Therefore, as part of the price monitoring process, we store the price history of all the products sold by your competitors.
Having a historical perspective on your competitors’ pricing, brands and categories allows you to pinpoint interesting developments and trends and provides you with a valuable basis for your future strategies and measures.
Already during the demo with your data, you can tell which prices are too low, too high or just perfect. You will learn where you can increase prices and thus profits, and where price adjustments will boost your sales. You can immediately re-evaluate and adapt your pricing strategy – the first step on the road to success!
Always available, extremely fast, capable of processing a vast amount of data.
Dashboards und reports.
Would you like to keep track of how prices have changed over time, or would you like to monitor stock availability? With our customisable dashboards, reports and charts, you can see everything at a glance. If you wish, we can assist you in preparing the data so that you can make the right strategic decisions. Our ‘roles and rights’ system provides each of your channel or category managers with their own dashboard and task management.
State-of-the-art interfaces in the cloud.
Our interfaces allow you to seamlessly connect to a wide variety of system landscapes. We offer you reliable standard interfaces capable of handling large amounts of data, state-of-the-art API technology, message queues and feed connections. Whatever you need for your system landscape – our developers and IT architects have the solution. You can customise import and export functions yourself directly on the interface, or, if you prefer, with the support of our Customer Success Team. It is up to you to determine how often articles and categories are searched for on which platform – automatically and flexibly.
The smarter smart bot.
With their intelligent algorithms, our smart bots always find a way to monitor prices. This is essential because some sites do not like to be monitored, only provide the right data when called from specific areas or frequently change their setup. You can count on us to provide you with reliable data at all times: we know the best paths to success. Should we ever fail to deliver data due to changes on the monitored site, our platform will inform you proactively, 24/7. And we will take immediate action.
Price Monitoring, Dynamic Pricing & Feed Optimization tool