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How To Choose The Best Price Monitoring Software

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You can't always compete on price, but you can often compete on price changes. How do you stay up-to-date with your competitor's prices? The answer is simple: a price monitoring software.  A good software should allow you to track the price changes from multiple online retailers (ex: Amazon, Walmart) and notify you if there is any change in that particular product.  The other important thing about this software is that it should provide historical data so that we can analyze how our competitors have reacted to each price change we made in the past for a better understanding their strategy. Keep an Eye On Your Own Prices Across Channels It is important to know that the best price monitoring software will provide the ability to monitor prices across multiple channels.  This means, if you are selling on Amazon, eBay and your own website, this software can monitor all three of these channels for prices at any given time. If a competitor drops their price on Amazon, yo