By Michael

The philosophy of our company in developing Karsa Monitor is to design the software in such a manner, that our customers gain a significant competitive advantage thanks to using our software. If our customers are happy (= they increase their profits) and make good use of Karsa Monitor, we are also happy.

So the question is: How to ensure our customer´s greater satisfaction = profitability? I will focus on one of the most important factors, which we are able to influence. Up-to-date information.

Especially in e-commerce sales, there is a simple rule applied: Who has the information first, wins. Karsa Monitor´s user can re-adjust the price or make another strategic decisions. This is the reason why there are NO FEES for the volume of downloaded data not even for the frequency of the download! Our customers don´t have to make a decision if it is sufficient for him to have an up-to-date price report once a week or twice a week. Our customers can have current reports easily twice a day – and this is the key factor for successful implementation of dynamic pricing.

There are several practical examples of how receiving up-to-date price information helps to increase your e-commerce profits.

• Your competitors don´t have the goods in stock. You can increase your prices!
• Which product you are going to offer on sale? The one, which your competitors don´t have in sale, of course.
• Let´s check, if there aren´t lowpriced products in today´s price lists. Find these items and increase prices before your competition reacts!
• Our competitors don´t offer the same products as we do. Great, we are the market leader so we can adjust the prices.

Tags: Competitors price monitoring | Dynamic pricing | Competitor pricing