Following demand from our customers, we’re pleased to announce that we have launched a brand new price and promotion service.
This price and promotion service will help brands across the UK track competitor prices and promotions, meaning they can stay competitive and drive profit margins.
Find out more about our latest service and how we can give your business the edge in the marketplace in this article.
The challenges businesses face when it comes to price benchmarking
While price benchmarking is important, it’s not easy – especially if you sell a wide range of products in a lot of different locations.
Many businesses employ field teams and agencies to monitor prices on their behalf. However, this is not a cost-effective or sustainable solution, especially if field agents have to travel long distances or you need to do extensive resource planning to cover staff holidays.
It’s essential to have a consistent and methodical approach to price benchmarking. Get one product price point wrong, and it can jeopardise your entire pricing strategy.
Speed is a factor when it comes to benchmarking too. If your team takes too long to collect and quantify your data, there’s no guarantee it will be accurate – your competitors may have already changed their pricing.
How Shepper is different
We’ve been providing accurate, real-time data to companies across the world since 2016. Our new price and promotion service is an extension of what we already deliver to our satisfied customers.
We’ve worked hard to perfect our data collection capabilities to ensure you get the most accurate data as soon as possible. We utilise image recognition and barcode scanning, so you get fast, precise data direct to your dashboard or inbox. What’s more, our skilled QA team audit and reviews every single piece of information so you can raise or lower your prices with absolute confidence.
Price benchmarking data is collected by our network of vetted and trained Shepherds – over 80,000 across the whole of the country. With 100% coverage, our community can get you the information you need from any part of the UK.
Want to know more about our price and promotion service?
No matter if you’re new to Shepper or already use our data-gathering services, we can provide the pricing information you need to stay competitive in a busy market.
Our price and promotion service works with a wide range of products. Whether you need to check the price point of biker boots, books, or bananas – we have the solution you need to help you stay competitive.
Working with us is simple, and we offer a pay-as-you-go service with no long-term contracts in place. Just tell us what you need and when you need it by, and we’ll get to work.
Contact our team today to find out more about our latest offering and how we can take you from brief to launch in as little as 48 hours.