Amazon Price Tracking

Amazon Price Tracking

Monitoring prices on Amazon is crucial for sellers to remain competitive, manage inventory effectively, and succeed in the highly competitive online marketplace. 

Tracking competitor prices on Amazon can be useful for a number of reasons:

  1. Competitive intelligence: By monitoring your competitors’ prices, you can better understand their pricing strategies and adjust your own prices accordingly. Doing so can help you remain competitive and attract more customers.
  2. Pricing optimization: By tracking your competitors’ prices, you can identify opportunities to adjust your own prices and increase your profitability. For example, if your competitors consistently charge higher prices than you, you can raise your prices without losing sales.
  3. Sales forecasting: Monitoring the prices of your competitors can also help you predict your own sales. If your competitors lower their prices, you may need to adjust your sales forecast accordingly.
  4. Price matching: By monitoring competitor prices, you can identify price matching opportunities and offer promotions to stay competitive.

Overall, tracking competitor prices on Amazon can help you make informed pricing decisions and keep you competitive in the market.

If you’re looking for reliable Amazon price monitoring software, Pricer24 is a smart сhoice.

Amazon Price Tracking Tool: How Does It Work?

It’s simple! You just need to submit your catalog to Pricer24, and it will find and match all the products from your list with the same product cards on Amazon. 

  • Amazon Price Tracking is designed to parse and analyze both Amazon product prices and prices from the Amazon marketplace.
  • Amazon product prices are updated up to seven times a day, while prices from marketplace sellers are updated once a day, ensuring that you have the most relevant information whenever you access your reports. 

Another beneficial feature is tracking price changes over a selected time period to gain valuable insights into market trends and dynamics.

Flexible Reports and a Customizable Dashboard

Pricer24 offers various reports for Amazon product price tracking, including:

  • Price Comparison. Amazon price comparison tool automatically compares prices of products and informs whether your price is higher, lower or equal to competitors.
  • Market Analysis. It provides information on the current price of products, the availability of promotions, the number of reviews, and the average rating for each product.
  • Price Fluctuations. Amazon price monitoring software allows you to track changes in prices of products from sellers on the Amazon marketplace and displays this information in percentages or absolute numbers.
  • MSRP/MAP Deviations History. Amazon price tracking allows you to find out what products are sold at a price lower than the MSRP/MAP, view the history of deviations and their frequency.

You can choose how you want your data to be displayed (in tables, pivot tables, charts, or graphs) and easily customize your dashboard.

An example of data visualization in Pricer24

But Pricer24 is more than just an Amazon price tracker. It provides comprehensive and accurate visual analytics. You can work with filters, sort data, share report configurations with your team, and even export reports to HTML, CSV, or Excel for further analysis.

Contact the Pricer24 team to book a demo and unlock the full potential of smart and comprehensive Amazon price tracking.

Take a consultation
  • Market analytics
  • Price parsing
  • Product visibility
Take a consultation
  • Market analytics
  • Price parsing
  • Product visibility
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