E-commerce Price Optimization: 18% Margin Improvement
How we helped a consumer electronics retailer automate competitor price monitoring across 500+ products, resulting in an 18% margin improvement.
The Challenge
Manual price checking across 15 competitor websites was taking 40+ hours per week and resulting in outdated pricing decisions.
Manual price checking was time-consuming and error-prone
Pricing updates lagged behind competitors by 2-3 days
Unable to implement dynamic pricing at scale
Losing sales on price-sensitive products
The Solution
We built a comprehensive price monitoring and dynamic repricing system.
The Results
Business Impact
Regained 12% market share in key product categories
Reduced pricing errors from 5% to <0.1%
Improved competitive positioning from #4 to #2
Enabled data-driven pricing strategy decisions
The price monitoring system transformed how we compete. We went from being days behind to having real-time intelligence. The ROI was obvious within the first month.