How the price monitoring system works
How the price monitoring system works
Data collection, analysis, and clear insights in one place
Data collection
Data processing
Analysis
Result
Product and pricing data are collected from the most popular market retailers. (manual work)
Checked:
prices
product matching
links (URLs)
availability
The system combines all data into one unified market overview.
Performed:
data normalization
model standardization
price consolidation
Automatically calculated:
price changes
lowest prices
competitor comparison
stock (in/out) changes
Created:
dashboards
daily reports
model analysis
price history
The system provides a clear and easy-to-understand market overview:
what is happening with prices
where prices are the lowest
which models are under competitive pressure
where a price war is beginning
The system operates automatically, but data is collected and verified with human assistance:
data is updated twice a week (usually on Mondays and Thursdays)
reports are generated automatically
the dashboard always shows the latest market situation
👉 You don’t need to calculate anything manually.
Without such a system:
you see only part of the market
decisions are made “by intuition”
it is difficult to notice price changes
With the system:
you see the entire market in one place
you respond faster
you make accurate decisions
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