Relative retailer pricing volatility provides an early signal of shifting product demand and competitive intent. We are extremely pleased to deliver insight into this volatility to existing clients and prospects.
(PRWEB) August 18, 2015
Ottawa, Canada: 360pi, the leading provider of product intelligence for retailers and brands, today announced the launch of 360alerts, a product price change email alert service. 360alerts is available free of charge to qualified retailers, brand manufacturers and distributors with initial coverage of three categories – televisions, power drills, and coffee, tea, and espresso appliances. 360alerts notifies registered subscribers of those retailers, products, and brands exhibiting the most pricing volatility week over week.
Created to keep retailers, brand manufacturers and distributors updated on the level and source of pricing volatility in specific categories, 360alerts provides a weekly assessment of the:
- Top ten most active retailers in terms of volume of price changes;
- Number of prices raised and lowered by each of these most active retailers;
- Top ten products in terms of volume of prices changes;
- Products with the biggest change in price, both dollar and percentage change;
- Total number of products in category that experienced a price change grouped by brand manufacturer.
“Relative retailer pricing volatility provides an early signal of shifting product demand and competitive intent,” said Jenn Markey, vice president of marketing, 360pi. “We are extremely pleased to deliver insight into this volatility to existing clients and prospects to help them identify and act on pricing and associated margin opportunities in the market.”
Click here to subscribe and receive 360alerts of retailer, product, and brand pricing volatility.
360pi derives profitable insights from product and pricing big data to help leading omnichannel retailers, etailers, and brand manufacturers compete and win with shoppers. 360pi’s customer base accounts for over $US200 billion in annual product sales and includes Ace Hardware, Build.com, and Overstock.com, along with several Fortune 500 consumer products companies. With the majority of in-store purchases being influenced online, 360pi helps retailers and brands successfully navigate the multi-channel landscape with real-time insight into who is selling what, where, and for how much. Ultimately, 360pi customers make smarter decisions faster to drive increased revenues and margins across all channels.