We have been producing newborn knitwear for 3 years, selling mainly wholesale. This year we decided to open our own online store. So we were faced with two tasks: correctly set prices for our retail products, taking into account competitors, and make sure that wholesale partners comply with our pricing policy. Elitmaster offered us several options for solving these problems, helped us choose the product categories of marketplaces and stores of our main competitors. Every day we monitor price changes, and once a week we analyze the portfolio of competitors, comparing it with ours. The service also helps to monitor deviations of our partners from our sales policy and promptly eliminate them. Now the conditions for buyers in our store correspond to the prices in our partners’ stores. We saw the effect of cooperation immediately after the signing of the contract. The sales grow every month, and more importantly, the margin increases. We recommend to check it out.
We follow the prices of our products and those of our competitors, as well as monitor the market of similar products. We've been working together for less than six months. We are satisfied with the reports. The feedback is good.
I decided to ask for assistance from those who have been monitoring competitors' prices for a long time. After reviewing everything suggested, I chose . I am completely satisfied with the cooperation with this company. We have achieved a steady sales growth even in the current environment.