Price tracker is a system where you can grab all the prices you want to track and the system is able to analyse them. It can be used to track your competitors’ prices, or track your wholesalers’ prices in order to understand what your products are selling for in the market.
The system shows reports to you on how many products you have are:
1. competitive prices
2. higher than your competitors
3. over £x cheaper than your competitors (so that you can raise up the price to make more profit)
4. having no competitors
The system can also tell you if any of your competitors are selling under your cost price