In today’s highly complex and competitive retail environment, it’s vital to have access to accurate, up-to-date pricing information from rival stores.

At NETvide we use advanced Web technology to collect data on pricing, promotions and product lines from retail websites. This data can then be matched to your own product list and used to compile detailed reports that give you a clear and complete understanding of competitive market activity, as well as early insight into consumer trends.

Real-time analysis

NETvide’s automated data retrieval, correlation and reporting covers a store’s entire range, making it more comprehensive, current and cost effective than traditional price checks.

You can use the information in our reports to develop a better understanding of pricing strategies, such as high/low and EDLP, that are currently deployed in the market. The data will also help you make pricing and purchasing decisions that increase customer demand and maximise profits. In addition, NETvide’s extensive pricing and promotions archive allows you to conduct trend analysis and answer questions such as:

• Which competitor’s products, discounted this week, were raised in price in the past 3 months?
• Which brands have been included in BOGOF promotions by competitors during the past 3 months?
• How do product categories compare, when the effects of size variation and special offers have been removed?

Speed and accuracy

We know you’re under pressure to react to a rapidly changing market and customer preferences. That’s why we collect the most current information and deliver it to you in hours, not days. It’s also why our automated product matching technology is validated and augmented by human intelligence.

NETvide has teams of retail specialists, all based in the UK, who use their in-depth category knowledge to ensure correct like-for-like comparisons for the closest possible matches. We also conduct comprehensive quality checks to ensure  consistency and maintain the highest degree of accuracy.

Take a look at some examples of the data and reports we provide.