With thousands of products in-house and tens of thousands of competitor prices, keeping up with price changes can be a daunting task for any business to consumer model. It is vital for E-commerce or box stores alike to know a competitor's price so that they can offer their customers the going rate. Leading retailers are utilizing Proxy Empires residential and mobile proxy networks to keep up with the changes.
Overhead Vs. Profit Projections
The basis of any retailer is to simply manufacture lower and sell for higher, but that simplicity turns into a complex race to know what to expect in terms of the cost of manufacturing versus the inflation rate of a location. If a retailer does not know market data trends they can fail to keep up and ultimately become less competitive or experience a loss in ROI.
With the Proxy Empire network, a retailer can effectively gather enough data to understand market trends as it relates to cost versus profit. Stores can effectively track inflationary and deflationary rates regionally so that their global projections are accurate, and they stay competitive on a much larger scale than what was previously possible.
The retail industry is dynamic and suffers from a data bottleneck when products seasonally eclipse their capability of being able to mine data across various competitor platforms. This results in incomplete data and poor projections that cannot be relied on. It typically occurs in shopping seasons where a lot of retailers fix their ledger and go into the black.
Clients find that Proxy Empire can support adequate scaling alongside their business when it counts and is the only residential proxy provider that offers rollover data. That means that during slow times you keep the data you do not use and during peak seasons you have a surplus of data at your disposal. This effectively removes bottlenecks and allows retailers the data access they so desperately need.
Most competitors in the retail space have tech teams that are knowledgeable enough to block attempts at understanding their price points. These blocks shut down any data gathering which removes the competitive advantage from the host attempting it. Datacenter-reliant proxies are easily spied out and can be shut down in a matter of minutes.
Anonymous Data Gathering
Utilizing Proxy Empires residential and mobile networks means being able to slip into a competitor's domain and understand their price points without them knowing or being able to effectively block activity. That is because residential proxies are organic and look just like real visitors. This can be carried out on a global or regional scale considering that we cover 150+ countries. Each country can then be finely targeted by city.
Price Monitoring With Proxy Empire
We engineered our dashboard to be compatible with clientele who are in the retail space wanting to monitor prices and make accurate projections relating to upcoming shifts in the economy. To get started all you must do is choose a package that scales with your business.
You can give our network a test drive with our generous free trial. If you have any questions our dedicated support specialists are ready to help. Talk to one right now by accessing the live chat located in the bottom right-hand section of your screen.