Complete
All relevant prices of all the relevant distributors/retailers.
Pricemonitoring – who is driving the price down?
Watch
Analysis of price dynamics with pricemonitoring including evaluation of the role of individual sellers, and visualization of their effects on sales.
Benefits for the sales process
More than just pricemonitoring - price analysis
Simple pricemonitoring was yesterday. Today it is a matter of using intelligent analysis and correlations with other data sources to recognize which pricing strategies your customer has and to align your own arguments and measures accordingly.
Benefits
Daily, 24 Hours
Constant automatic monitoring of the prices, including price history.
Price Driver
Determination of price drivers through very short monitoring cycles.
Detailed process of the price monitoring
Top Features
Direct Monitoring
Monitoring of the websites and APIs of individual retailers and of overview sites like Idealo or Google.
Detailed Analysis
Product details over time, customer and product analysis.
Extended Analysis
Comprehensive analysis of the long-term price behavior of customers. For example, the percentage share of price reduction measures.
Alerts
Automatic delivery of price alerts when the price of a product falls below a defined level.
Data Integration
By integrating sales data and advertising information, comprehensive analysis of the price situation and their effects are possible.
Data Export
Possibility to export all relevant data for further personal analysis.
FAQs
Which data sources can be integrated?
In principle, all data sources can be integrated into the Watch data process with a website or a data interface. In the case of data sources that have not yet been integrated, vcs checks the technical feasibility and which content can be integrated into the data process in advance.
Which requirements are necessary?
No other vcs services are required to use the watch service.
What is the pricing model like?
Building on a base price for the use of the watch service, the further price model depends on the desired scope: These are the number of products, the number of data sources and the data query cycle. Likewise, the extent of the integration into other vcs products such as Data or Invest.
How quickly can relevant products be changed?
Relevant products can be added or removed at any time.
Is it possible to further process data individually
All data generated on behalf of the customer can be made available for individual further processing or storage. Either via an export of the “All prices” report or via automated processes to be agreed.
Is there a price history?
All data is stored long-term in the vcs Channel data warehouse and can be used or exported at any time for long-term analyzes.
Which products can be integrated?
All desired products can be integrated into vcs Watch. Both your own and those of relevant competitors. The analyzes then run across all defined products.
Can you make adjustments to dashboards?
Yes, existing dashboards can be adapted in coordination with vcs. It is also possible to develop new dashboards for extended requirements.
Which use cases with other products are possible?
With the data and process-integrated model, basically all data can be combined with Watch. Be it sales, inventory or channel marketing activities. Examples are price elasticities, integration in visit preparation reports or for an annual meeting dashboard.
How often is data requested?
vcs Watch runs 7×24. This means that all data is continuously queried and analyzed depending on the selected service level. Regardless of vacation, illness or other priorities. This means that no changes are lost.
What is necessary to use Watch?
All you need is internet access.
Further questions?
Just get in touch with us. We will gladly answer your questions.
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