If you offer products that are similarly available on other eCommerce platforms, you will understand how important it is to keep a close eye on the price movements of these products. Being aware of any price movements will ensure you do not lose out on any market shares when the same product is sold at a lower price elsewhere.
If you are an own-brand retailer with multiple online distribution channels, the same strategy applies. The awareness will help you retain your brand equity by ensuring distribution partners do not engage in undesirable pricing practices.
Today, we are excited to introduce Product Match (Beta), a new analysis that will help you compare and contrast exact or similar products across different eCommerce platforms. Let’s take a closer look.
Find exact or similar products
Our powerful product matching algorithm will find the exact product across all the available eCommerce platforms on the Omnilytics dashboard. In the event there is not an exact product match, our intelligent system will recommend similar products to you.
Compare & Contrast
With the Product Match (Beta), you can easily compare and contrast up to 3 exact or similar products. It helps you to spot price or discount discrepancies, no matter how big or small. This may lead your team to capture a higher margin, increase market competitiveness, as well as to sustain a strong brand equity
View Saved Comparisons
Save an unlimited amount of product matches. You can easily retrieve and view them at any other occasion convenient for you.
Product Match (Beta) is now available for all dashboard subscribers.
If you have any questions or feedback on Product Match (Beta), we’d love to hear from you. Email us at firstname.lastname@example.org and we will get back to you.
Like to see more of this? Sign up to receive the latest industry insights, news, and weekly updates delivered straight to your inbox.
The data above was obtained from Omnilytics, real-time market data platform. The numbers and statistics may vary, as the platform is updated every day. The time period of the information taken was between January 1st, 2018 to March 31st, 2018.