RetailX
How it Works | Benefits & Features | Setup & Onboarding | Product Price Consulting | What it Costs
Increase Ecommerce Sales With Competitive Pricing
Price plays a major role in the buying process. It doesn’t matter how much you advertise, if your price is too high you’ll lose sales to your competitors, and in turn lose revenue.
RetailX will automate the process of tracking your competitor product pricing daily.
We’ll alert you daily when competitor products:
Are more competitive
than yours
Go on promotion
Run out of stock
And much more
How It Works
With RetailX, we’ve simplified the way you track your competitor pricing. Now you don’t need to keep visiting your competitors’ sites to keep an eye on what they’re charging, you can get daily notifications comparing your price to theirs, along with recommendations of products you should revise pricing on and more.
Simply add a link to your product page, and your competitors corresponding page, and we’ll visit the site on your behalf and track all the relevant information (like the current price, promotions, images, website content, stock availability and more), and add it to a database for you.
If any of your competitors’ prices are more competitive than yours, when their products go on promotion, when they stop selling certain products, and so much more, we’ll notify you directly
1. You upload your product
2. You add competitor product pages
3. We retrieve competitor product info daily
4. You update pricing & increase your ROI
Benefits & Features
Daily Email Alerts
We offer a range of different email alerts that are sent out every morning to give you insight into making marketing decisions and pricing updates. Here are a few examples:
- Your Price Is Too High
- Competitors Selling Below Cost.
- Potential Loss Of Margin
- Competitors Dropped Products.
- Today’s Competitor Promotions.
- Competitors Are Out Of Stock.
Track Specials & Promotions
Keep track of when competitors have promotions, which products are most popular, how long they are on promotion for, popular days, categories, brands & more.
Analysis of Products & Competitors Dashboard
We’ve built a 33 page dashboard with everything we could think of. It includes hundreds of graphs, tables, charts & more.
The dashboard also includes a range of filters to segment your data, and our
consultants will work with you to help understand the insights it provides
Analytics Integration
We can integrate with your Analytics account to show you data on product performance on your own site, including views, sales etc.
Assess Competitor Markups
Simply add your cost price to RetailX and we’ll show you the markup percentage that your competitors are applying to the same products, brands, categories and subcategories.
Products Sold Below Your
Cost Price Report
If any of your competitors sell products below the cost price that you specified, you’ll be able to view them within your online report.
Products Sold Below Your Minimum Retail Price
Set the minimum retail prices that you’re
willing to sell a product for in order to be
profitable.
Stock on Hand Prioritisation
Track your stock on hand and ensure your prices for overstocked items are always
competitive.
Trends Over Time
Product information across all competitors is stored for 10 years, allowing you to view changing data as trends over time.
Pricing History
A dedicated report that consolidates your all time data to help you easily understand the history of products, competitors, brands, categories & more.
Dedicated Mobile Report
Ensure your pricing is always competitive, wherever you are, with our mobile report showing your current data only.
Comparing Product Images
& Content
As part of tracking competitor products, we’ll notify you when they update product images or descriptions on their site.
Custom Competitor Setup
Every Competitor is individually set up to ensure 99% accuracy of data.
Local SA Support
Built in South Africa, so we are in your time zone & ready to help.
Over 1000 SA Sites
We are tracking over a thousand ecommerce stores in South Africa.
Super Easy To Use
Managing your products & competitors is super easy.
Looker Studio
The report is built on Looker Studio, Google’s reporting dashboard and includes most of its additional reporting functionality.
Bulk Export to CSV,
Sheets or XLSX
Easily export your products, prices, competitors and more for use in other applications.
Setup & Onboarding
Onboarding & Training
To get you started, we’ll have a meeting with you and your team
to train you in using the system.
Price Consultations
Depending on your package, you’ll be able to have quarterly or monthly product meetings with your account manager..
Product Price Consulting
Each package includes either a quarterly or monthly online meeting (via Google Meet) with one of our team to help you better understand the data that your RetailX reports provide.
To help you choose and optimise your products, our pricing consultants
have extensive experience in:
During this meeting we’ll assess your current products to ensure that your prices for products that are being viewed, but not purchased, are as competitive as possible.
We’ll also review your current Google shopping competitors to make sure that you’re tracking the right sites.
We’ll give you recommendations on pricing changes, and allocate priority based on competitors and your profit margins, as well as your stock on hand.
With the help of the product analyser, we’ll delve into your products, competitors, promotions etc. to better understand your business.
What It Costs
Micro
R790 p/m
R687 + VAT monthly
- Competitor Products = 125
- Your Products = 25
- Competitors = Up to 5
- All the Features
- 1 Year of Historical Data
- Annual Pricing Consultation
Payment on Invoice
Starter
R1,995 p/m
R1,735 + VAT monthly
- Competitor Products = 1,500
- Your Products = 200
- Competitors = Up to 10
- All the Features
- 1 Year of Historical Data
- Biannual Pricing Consultation
Payment on Invoice
Pro
R6,900 p/m
R6,000 + VAT monthly
- Track up to 15,000 products
- 1,000 unique products
- Unlimited competitors
- All the features
- 5 years of historical data
- Quarterly Pricing Consultation
Payment on Invoice
Big Commerce
R10,900 p/m
R9,480 + VAT monthly
- Track up to 50,000 products
- 2,500 unique products
- Unlimited competitors
- All the features
- 7 years of historical data
- Monthly Pricing Consultation
Payment on Invoice
Enterprise
R19,900 p/m
R17,300 + VAT monthly
- Track up to 100,000 products
- 5,000 unique products
- Unlimited competitors
- All the features
- 10 years of historical data
- Monthly Pricing Consultation
Payment on Invoice
Want to book a demo to see what RetailX can do for you?
Choose a package and register to begin the onboarding process: