Scout BI sends pricing and new product alerts for your products, in addition to competing products, encouraging reactionary brand strategy to stay ahead of your competition.
Scout BI is a convenient and reliable platform that takes the tedium out of tracking prices.
Price continues to be a crucial element in a consumer's journey towards making a purchase. Discounts can ultimately influence the decision to buy or not.
The ability to adjust prices swiftly is crucial to capturing sales. It is imperative to constantly monitor and evaluate your pricing strategy in comparison to your competitors.
Brands aren’t able to allocate time and resources to meticulously reviewing raw pricing data or to deliberating new pricing based on market trends, competitors and consumer behavior patterns.
Scout BI offers customisable alerts and notifications based on milestones set by you. Setup alerts based on price drops, hikes, stock status and more.
Whether it's your own, or a competitors product, Scout BI can track it. No more hunting products via URL, or tracking prices via spreadsheet. Scout BI sees it and sorts it so you don't have to.
Correlates and consolidates pricing data per product in a user-friendly dashboard across retailer websites.
Scout BI can identify product stock levels ensuring your customers always have access to your products.
Communicates daily price monitoring and stock level updates via email and alerts, ensuring that your brand maintains a position of advantage in the market.
Scout BI is particularly advantageous for teams that face the challenge of monitoring a substantial number of competitors or juggling a diverse range of tasks beyond just pricing, or individuals that find themselves lacking in time to engage in manual analysis and strategising. Scout BI can alleviate the burden of manual analysis and decision-making processes, allowing you to focus your time and energy on other critical aspects of your business.
It’s a platform that integrates into your daily workflow. It’s as easy as this:
Add new products quickly and easily and track your portfolio through your browser, via a single login.
Track the market value of your products along with competing products, ie. promotional pricing, pricing per reseller.
View historical performance for individual products or your portfolio as a whole, including seasonal data and sales period data.
Scout BI scans and matches products across numerous retailers. We use advanced matching capabilities, but if we miss a product or a retailer uses the wrong code you can easily match it yourself in seconds.
With Scout BI, you gain the ability to track, monitor, and analyze pricing data not only for your key products but also for selected competing products. This powerful functionality empowers you with a deeper understanding of the market dynamics and enables you to make well-informed pricing adjustments proactively and at a large scale.
Scout BI’s cutting-edge technology gives you real-time information on consumer shopping behavior, retailer activity and market trends.
Tracks and displays pricing on nominated key products and segments, including competing brands, in addition to tracking stock levels across nominated resellers.
Monitors price gamut and visually represents lowest, highest and average pricing across nominated products and sellers, giving your brand the confidence to reposition products in a dynamically evolving retail landscape.
Price promotions and the ability to compare prices are among the main reasons why consumers shop online. Scout BI provides comprehensive data around these movements, giving your brand the confidence to reprice products or implement promotions, discounts, and other price-related offers in a dynamically evolving retail landscape.
Scout BI sets a new standard in speed, scale, and convenience. We gather vast amounts of pricing data, ensuring that businesses have access to the most comprehensive and up-to-date information. This is seamlessly integrated into the Scout BI platform, derived from cutting-edge algorithms in addition to human expertise and validation. Our platform enables brands and retailers to unlock substantial business value that would otherwise be missed.
Add your products and competitors products effortlessly, then track your portfolio through your web browser, via a single login.
Monitor the pricing and stock levels of your products along with competing products, ie. lowest, highest and average price per reseller. Scout BI sends alerts via email or the platform to help you with this.
View historical performance for products or your portfolio as a whole, including seasonal data and sales period data. This allows you to reposition or enact promotional pricing with more security and peace of mind.
This is your Scout BI workflow loop. Knowing what your own market position and what your opposition is doing encourages a position of advantage and smart strategy.
Our deep-dive data is unrivalled, and with it, you'll stay ahead of your competitors, drive growth, and achieve unrivalled success in even the most dynamic and demanding markets.