Real-time Competitive Price Intelligence for Retail

Price Intelligence software crawls large amounts of competitor pricing data from global competitor websites and presents actionable pricing insights in an easy to consume format for quick decision making. Best-in-class price intelligence software, like Intelligence Node, provides insights based on gathered information back to the user in minutes - not hours or days - and is 99% accurate.

In today’s online retail economy, prices for products change multiple times during the day. And, because today’s tech-savvy shopper compares prices across multiple websites before making a purchase, retailers and brands must know where their products are competitively positioned throughout the day. Price intelligence software gives retailers visibility into their competitor prices and enables them to optimize prices in line with competitor and market trends. Retailers and brands need price intelligence software to take advantage of these competitor gaps, as every wrong pricing decision can have a direct implication on their margins and profitability.

Intelligence Node’s Price Intelligence software is powered by proprietary machine learning algorithms and patented product matching AI that are highly accurate (99% accuracy SLA) in finding exact and similar product matches across global competitor websites with the best-in-industry data refresh rates of 10 seconds. Its language-agnostic capabilities make it a truly global solution and its plug & play APIs ensure that the solution is up and running in less than a week. Its comprehensive reporting capabilities, cutting-edge technology, and reliable, easy-to-consume insights have made it a leading price intelligence solution trusted by category leaders and Fortune 500 retail businesses like Nestle, Lenovo, Moet Henessey, LIDL, and many others.

Intelligence Node’s patented product matching engine offers 99% accuracy for product matches ensuring you find accurate prices for close matches of your competitor products, every time. Accuracy matters as it enables companies to automate pricing strategies based on reliable insights without having to manually verify every price recommendation, thus improving turnaround time as well as productivity. Intelligence Node’s plug & play APIs enable a quick go-live process that only takes days, not weeks or months. In addition, its Price Intelligence solution can be customized to meet your individual requirements and internal goals. Its easy-to-use dashboards, comprehensive reporting tools, cutting-edge AI, a database of 1 billion+ unique retail products, and language-agnostic features mean it can actually find you the pricing data you are seeking, from anywhere in the world, within seconds, and can automate pricing for you. Trusted by Fortune 500 brands and retailers, Intelligence Node’s pricing solution is superior, intuitive, and ensures a rapid ROI.

As a retail business starts scaling online and reaches a certain level of maturity, traditional pricing methods and manual price analysis becomes complex to manage, can be error-prone, and reduces productivity. To make smart pricing decisions at scale, companies need intuitive and automated pricing intelligence tools that can analyze vast amounts of data to unmask reliable pricing insights for quick decision-making. The need for such solutions has become all the more critical with online pricing becoming dynamic and fast-paced, and comparison shoppers dominating the eCommerce space.

When selecting a Price Intelligence software, ensure the solution is SaaS based, enabled by state-of-the-art technology and AI, can be set up quickly, and has been tested and used by large enterprise clients. Evaluate the data accuracy levels and refresh rates of the software by running small tests that can be verified manually. Confirm that the solution provides true global coverage and is scalable. You want a solution that can be customized for your company, provides seamless integration, has robust reporting capabilities, and yields pricing data and recommendations that you can trust.

You can request a free one-on-one consultation with our sales experts by booking a demo here. Our sales experts are happy to walk you through our AI-driven pricing capabilities and answer any of your questions.