Use AI to remain competitive, to forecast purchasing, to monitor prices of stocks and to monitor competitor products in real-time
In a fast-changing online or omnichannel market, traditional e-commerce price monitoring and forecasting tools take too long to generate results. The price changes happen too frequently and across too many sources to keep up. Rule-based monitoring techniques will only get you so far on one type of e-commerce site, but what happens when your products are spread across thousands?
HOW AI CAN PROVIDE THE IDEAL SOLUTION?
When it comes to dynamic price optimization at scale, Machine Learning based web extraction tools can save you time and effort. With highly accurate results from a breadth of domains, you can track thousands of competitor sites and act accordingly. Besides the competitors price analysis, AI price monitoring engines can be applied to track customer products; to ensure contractual compliance; to forecast purchasing trends for procurement; to monitor prices of stocks and other assets involved in buying decisions.
Our powerful Skim Engine™ can detect a price on a page from any webpage, no matter the structure or formatting. We have trained our engine to recognise the meaning of price, not just a set of rules which will save you engineering time and lost opportunities. We can work with you to implement bespoke price monitoring services, by including competitor brands, companies and much more. Speak to our data experts today to find out more.
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