Learn what price monitoring is, how to implement it effectively, and why it gives e‑commerce businesses a competitive edge.
Price monitoring is the continuous tracking of competitors’ product prices across online stores and marketplaces. It helps you understand market positioning, detect changes quickly, and make informed decisions about your own pricing strategy.
With FastCompete, you can automatically collect, normalize, and analyze competitor prices at scale — saving time and unlocking higher margins.
A practical, repeatable workflow you can implement today.
List key competitors and map your SKUs to matching competitor products (EAN/GTIN/MPN where possible).
Use a tool like FastCompete to scrape and normalize prices, shipping, and availability at a cadence that fits your category dynamics.
Track price evolution, detect undercutting, and segment competitors by aggressiveness and stock status.
Define guardrails (min margin, MAP), target positions (min/median/top), and exceptions by brand, category, or SKU.
Receive alerts on significant changes and push approved price updates to your store or ERP.
Measure impact on margin, conversion, and Buy Box/Winning Price share. Iterate monthly.
Why leading retailers make it a core capability.
Avoid over-discounting and capture margin when competitors raise prices.
Win more price-sensitive buyers by matching or leading the market.
Respond to competitor moves in hours instead of days or weeks.
Maintain fair, transparent pricing that matches market expectations.
Start a free trial and see FastCompete in action on your catalog.