Advanced Market Monitoring
Make Market Monitoring easy to analyse your Price Positioning
Gain comprehensive market analysis by collecting quality data to benchmark your competitiveness and your attractiveness on the market.
Advanced Market Monitoring
Gain comprehensive market analysis by collecting quality data to benchmark your competitiveness and your attractiveness on the market.
Monitor to Learn
Boostmyshop myMarket matches accurately your products with the ones of your competitors on the marketplace to have access to competitors’ product prices, store ratings and delivery time, KPIs to identify your best performing and least performing products in the race to BuyBox.
With the help of detailed analytical graphs, get a global vision of market product prices: study price elasticity, evaluate price positioning of your offers, find possible marketplaces for you to scale your business, explore the price performance of your competitors over time
Unlock myMarket’s insights—1,000 offers on 1 sales channel weekly—in Boostmyshop App Freemium. Plus, get a preview of myPricing and myOrder.
Born of a technical partnership, Boostmshop myPricing optimises your sales performance across your best sales channels.
faq
What is competitor price monitoring and why is it important for my e-commerce business?
Competitor price monitoring is the process of tracking and analyzing the prices and strategies of your competitors to gain insights and make informed decisions about your own pricing and business strategies. It is important for e-commerce businesses as it allows them to stay competitive and make adjustments to their own pricing, inventory, and marketing strategies in order to boost sales and improve profits.
How can Boostmyshop myMarket help me monitor my competition and devise a winning pricing strategy?
Boostmyshop myMarket is a dynamic pricing tool that helps e-commerce businesses monitor their competition and devise a winning pricing strategy. The tool allows businesses to track and analyze the prices of their competitors across multiple sales channels, providing valuable insights into market trends and pricing strategies. This information can be used to make informed decisions about pricing, inventory, and marketing strategies.
What kind of information can I learn about my competition using Boostmyshop myMarket?
With Boostmyshop myMarket, businesses can learn about their competitors’ product prices, store ratings, and delivery times on marketplaces. Additionally, it also provides key performance indicators (KPIs) to identify their best and least performing products, as well as predict their chances of winning the buy box and improve their sales performance
How does Boostmyshop myMarket match my products with those of my competitors in the marketplace?
Boostmyshop myMarket uses advanced algorithms to match your products with those of your competitors on marketplaces, providing you with accurate information about your competition.
How can I use the information about my competitors to improve my own business?
Businesses can use the information provided by Boostmyshop myMarket to improve their own business by adjusting prices, optimizing inventory, and devising new marketing strategies. Additionally, it also helps businesses to renegotiate with logistics providers to improve delivery times and cut costs
How can Boostmyshop myMarket help me understand the global online market and identify potential opportunities for scaling my business?
Boostmyshop myMarket also provides a feature called Market Radar which gives businesses a global vision of the online market, allowing them to study prices variants not from their own online sales channels and find potential marketplaces to scale their business.
What is the BuyBox algorithm and why is it important for my e-commerce business?
The BuyBox algorithm is used by marketplaces to promote the best offer and accounts for 80% of sales
How can Boostmyshop myMarket help me predict my chances of winning the BuyBox and improve my performance?
Boostmyshop myMarket provides a predictive view to determine a business’s chances of winning the buy box and how to improve them by competing against other sellers in the marketplace
How can I use the key performance indicators provided by Boostmyshop myMarket to improve my prices, e-store performance and shipping time?
With the help of Boostmyshop myMarket’s provided key performance indicators (KPIs), businesses can deploy a corrective plan to improve their potential and understand and optimize their business growth
What is Market Radar and how can it help me gain a global perspective on the online market?
Market Radar is a feature of Boostmyshop myMarket that helps businesses gain a global perspective on the online market. It allows businesses to study the prices and market trends of products across multiple sales channels and marketplaces, giving them a broader understanding of the competitive landscape and potential opportunities for growth. With Market Radar, businesses can identify new marketplaces to expand their sales, as well as track the prices and performance of their own products on different platforms. This feature also enables businesses to compare their own prices and product performance against that of their competitors, helping them to make informed decisions about pricing, inventory management, and marketing strategies. By using Market Radar, businesses can make data-driven decisions to improve their overall performance and increase their global reach.
How can Boostmyshop myMarket help me renegotiate with logistics providers to improve my delivery times and cut costs?
Boostmyshop myMarket can help businesses renegotiate with logistics providers by providing detailed performance data on shipping times and delivery rates. The tool’s competitor monitoring feature allows businesses to track the delivery times of their competitors, which can be used to negotiate better deals with logistics providers. By identifying areas where their own delivery times may be lagging behind the competition, businesses can work with logistics providers to find ways to improve their performance and reduce costs
What is the benefit of using Boostmyshop myMarket over other competitor monitoring tools on the market?
Boostmyshop myMarket offers several unique benefits over other competitor monitoring tools on the market. One of the key advantages of Boostmyshop myMarket is its breadth and depth of functionality, which allows businesses to gain a comprehensive understanding of the competitive landscape and make data-driven decisions to improve their performance. The tool’s competitor monitoring feature provides detailed information on product prices, store ratings, and delivery times across multiple sales channels and marketplaces, allowing businesses to identify opportunities for growth and improvement.Boostmyshop myMarket also offers a user-friendly interface that makes it easy for businesses to access the data they need and make informed decisions. The tool offers a variety of features like Market Radar, Buybox Prediction and KPI Dashboard that are designed to help businesses easily analyze and optimize their performance, making it a powerful and versatile tool that can help businesses of all sizes to improve their online sales and competitiveness
Can Boostmyshop myMarket be customized to my specific business needs?
Boostmyshop myMarket team of experts can provide dedicated support and custom developments to ensure that the solution fully meets the needs of your business.
How can I try Boostmyshop myMarket for free and see if it’s the right fit for my business?
Boostmyshop myMarket offers a free trial for the first 15 days, allowing businesses to explore the tool and see how it can help improve their performance. Additionally, businesses can also book a demo to see a personalized demonstration of the tool and its features.
Dive into Boostmyshop App Freemium today and experience myMarket’s competitor insights with a preview of myPricing and myOrder.
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