Such a Great Article!
This has a bearing on how the digital market place operates. It is particularly relevant for the e-commerce industry. Take an e-commerce company for example. How does it decide its price strategy? It is generally based on competitor’s price strategy. However, e-commerce functions at a brisk space and it’s necessary to constantly monitor the price changes on the competitor’s website. This is where website change detection tools come in handy.
You can simply outsource this tedious task to a website change detection tool and it will notify you about the changes that you want to know. The tool will capture the changes of the competitor’s website regarding price, products or anything else that you care about. Based on these inputs, you can analyze the competitor’s strategies related to price or anything else.
This is how you can derive competitor insights and forge ahead in your chosen marketplace.