Rank your competitors
You may feel like there are too many stores to compare on the market, and you're right - there are too many. That's why competitor ranking is crucial if you want automatic price monitoring to be effective.
To accurately identify the strongest competitors among online stores, it is necessary to study:
Income received
Whose products and services are most similar to yours
Getting this data will be easier than checking Google every couple of hours to make sure your prices are still in line with market rates. The focus should be on the sites with the most traffic and the highest revenues.
Select links to products
Once you've decided on the stores and products you'll be monitoring, you'll need a little more information, namely the URLs for each product on competing sites. This will allow you to track product availability, which is another benefit of automation. When competitors' stocks are running low, you'll know which products to promote especially aggressively so that shoppers interested in that product know where to find it when their usual store runs out.
iDatica products will free you from this time-consuming and endless work and do it for you; you will get more accurate results that will be available in real time.