Profit Potential, Odoo Competitor Price Monitoring!
Having Competitive Pricing in today’s business scenario is crucial. On average, 70% of products have above 100% difference between lower and upper price ranges for the same product. Tracking prices is critical because it helps you stay competitive and save you from losing profits.
Odoo Competitor Price Monitoring gives you a competitive edge over business rivals. It empowers you to analyze the competitors’ pricing so you can make changes accordingly. The Odoo app lets you track the competitor’s product prices, identify the price trends, and make informed pricing decisions to stay competitive in the dynamic market.
Further, the module helps you stay ahead of the competitors with data-driven insights from the module. The Odoo app sends you a mail of price updates- based on your settings.
Odoo Competitor Price Monitoring Features
Tracking Competitors' Prices in Odoo
- The Odoo app allows the creation of a competitor price analysis feed in the Odoo backend.
- The competitor feed allows you to compare product prices with competitors within the same.
Set Up Price Notification Rules
- The Odoo app allows determining the rules for price notification (always notify, lowest competitive price, etc.)
- It will send you an email based on the set rules.
Specify Cron for Competitor Price Monitoring
- You can set the cron scheduler to auto-fetch competitor prices on the specified duration.
Compare Product Prices in Odoo
- You can check the price by manual action or through the cron scheduler.
- Additionally, you need to add the competitors' website while configuring.
Configure Competitor Product Price
- Configure multiple product competitors' prices in Odoo.
- Select a product to compare product prices.
- Set up price notification rules according to your needs.
- Select the price notification rule while configuring.
- Add multiple competitors' website links to fetch the data.
- Once you confirm the configuration, it will fetch the data from the listed websites.
- Add suppliers (competitors) through the widget, adding the relevant information.
Adding a Cron for Fetching Competitor Prices
- You can schedule a cron based on your requirements.
- Set the execution date for cron while configuring.
- It shows the next execution date for the cron.
- Set priority and number of calls for the cron in Odoo.
- Cron will record the price changes and send an update accordingly.
- Specify when you want to receive price update notification mail.
- You can even run the cron manually based on your requirements.
Check Other Odoo Apps
Odoo Competitor Price Monitoring
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