Price Mentor is a customized price monitoring software that will help you with a strategic and competitive pricing without making any error. It can deliver consistent reports on your competitor’s prices of the same products you are selling. The idea is quite simple, “Price Mentor keeps an eye on your competitors, so customers keep their eye on you.” In this regard, it has come up with a smart strategy on pricing which makes it easier to do since Price Mentor reports are organized in a simple way so that you can immediately see which prices needed modifications. To control it, it also gives sophisticated services on market analysis. In case you wanted to set up an online business, then the Price Mentor team can run a comprehensive market model and present you the potential sales and profit margins.
Price Mentor assures you with accuracy on the comparison of your products on the market. All reports are comprehensively analyzed so that you can be on edge with other competitors. Price Mentor does that by specifying your products with other rival and giving you a detailed narrative to which product is more competitive and by how much margin. As follows, you can always be up- to- date with your competitor’s discounting and pricing inflation as well as their pricing strategies. Having known all these valuable information, you will always have the most competitive prices on the market, whether to decrease your price just lower than the others’ to raise sales, or increase your low cost prices to be in- close with your competitors and gain lost earnings. On top of it all, because your pricings are so competitive, you will be place on the highest levels of price comparison sites, further promoting your sales.
Taking everything into account, Price Mentor lets you be the best seller, and see what the general public wants without having exerting too much effort on your part. You basically have to maintain the data for the evaluation to be performed, and the outcome to be fully detailed.