Competitive Environment
Find out your competitiveness by comparing similar products from other brands
Find out your competitiveness by comparing similar products from other brands
If you are a manufacturer, it is in your interest to know the RRP (Retail Price) of other brands’ similar products that compete at the same level as yours. From Minderest, we make this process easier by streamlining the location of these products and enabling continuous comparison. A simple colour-coding system makes it easy to distinguish which items are higher, equal or lower priced and from which distributors.
In addition to the price, an item’s reviews and ratings from retailers, price comparators, shopping apps, etc. are also important to customers. More and more consumers analyse this data in the search for the perfect product to fulfil their needs. You may miss out on a sale if you do not pay attention to these aspects. With our solution, you can monitor ratings and reviews of other brands’ products with the same characteristics to see which is the highest rated.
Find out when any of the products you are analysing alter — for example, improve their competitiveness compared to yours, or increase their rating — by activating our notification system. You will receive an email as soon as any changes are detected. You can also customize the dashboard of our tool for direct access to the data and strategies that matter most to your company.
Track your brand’s digital presence in any eCommerce. Analyse all the valuable data about any retailer’s product portfolio: Images, descriptions, reviews, ratings, stock, and, of course, prices.
Monitor your distributors’ prices daily, in any country, currency or online store, avoiding price wars or deviations from the MSRP or MAP policy.
Monitor the information in the product files for your brand’s products for each of the online distributors that sell them. Quickly check every detail of the product’s presentation.
Find out how Minderest can take your business to the next level.
Contact our pricing experts to see the platform in action.