Price Intelligence
Price Intelligence
Stay competitive and agile with a comprehensive approach that provides an in-depth view of market pricing trends, and strategic insights to refine your brand’s pricing strategy.
Is Your Pricing Strategy Aligned with Today’s Market Realities?
In today’s dynamic market, maintaining an edge requires more than just exceptional products—it demands a precise and informed pricing strategy. Price Intelligence serves as the foundation for luxury brands to navigate competitive pricing shifts, market volatility, and currency fluctuations with confidence. Our solution empowers you to monitor global prices, uncover actionable insights, and adapt swiftly without compromising brand value or profitability.
With Price Intelligence, you can adapt swiftly to changes, optimize profitability, and safeguard your brand’s positioning. Leverage a solution designed to refine your pricing strategy and keep your brand competitive in an ever-evolving market landscape.
Gain the pricing insights that keep your brand competitive and agile.
Our Approach to Strategic Price Intelligence
Staying ahead in today’s luxury market demands a proactive approach to pricing. By continuously monitoring market dynamics, competitive positioning, we help you anticipate changes and make strategic adjustments that strengthen your brand’s market presence. This comprehensive approach ensures that every pricing decision aligns with your brand’s long-term goals, addressing market shifts at their core rather than reacting to surface-level trends.
Competitive Price Monitoring
Harness dynamic pricing strategies by staying tuned to current market conditions, enabling swift action and data-driven decisions to adjust prices as market trends evolve. Benchmark your prices against industry standards and competitors to maintain a competitive edge. Through data collection from official brand websites (via web scraping) and retail stores (through human data collection), we offer extensive coverage across 90+ brands in the watch, jewelry, and leather goods industries. Detailed SKU descriptions, online and offline price data, and dynamic data visualization at SKU to category level empower strategic decision-making with timely alerts on price changes across global markets.
Distribution Price Monitoring
Maintain control over distribution channels by ensuring price and product compliance to protect your brand’s equity and image. This monitoring targets wholesale partners, marketplaces, and resellers, helping you identify unauthorized discounting and pricing violations. Track promotional activities across channels to ensure consistency in market positioning and uphold the integrity of your brand’s premium standing.
Price Positioning Strategy
Strategically develop pricing plans that identify new opportunities and optimize market entry. By analyzing pricing dynamics across regions, you gain insights for new product launches and pricing strategies. This approach provides a holistic view of the market landscape, revealing white spaces where your brand can capitalize on untapped potential, allowing for precise segmentation and enhanced positioning against competitors across different markets.
Gain the Edge with Price Intelligence: The Strategic Benefits for Your Brand
Discover how Price Intelligence equips you with a comprehensive database to refine your pricing strategy and stay ahead in a competitive market.
Comprehensive Data Coverage
Scrape full catalogs across Watches, Jewelry, and Leather Goods, monitoring 12 global markets with over 3 million SKUs collected annually.
Clear, Actionable Insights
Simplify data analysis with dynamic visualizations and index calculations, making trends easy to spot and act upon.
Data Accuracy Through Advanced Technology & Automation
Leverage a fully in-house proprietary platform with end-to-end control, automated data retrieval, and robust error handling, supported by automated QC and proxy systems to ensure reliability and anonymity.
Access to Powerful Analytics via CXG Connect
Visualize dynamic data with granular filtering and analysis down to the SKU level, easily toggling between views to monitor cross-market alignment, track brand index fluctuations, and compare SKU pricing across regions.
Luxury Market Expertise
Benefit from CXG’s deep luxury retail knowledge and a team of seasoned experts, with insights regularly shared through infographics, barometers, and white papers.
Online & Offline Data Collection
Combine web scraping with offline collection through our evaluator network, enabling price capture for brands without online listings or market-specific disclosures, with accuracy ensured by our dedicated community.
FAQ
We already have our own pricing strategy in place—how will this help us stay competitive?
Price Intelligence is designed to complement your existing strategy. By providing real-time insights and comprehensive market data, we enable you to refine your approach and make data-driven adjustments that keep you ahead of market shifts.
What if we only need to monitor certain markets?
While you can certainly focus on specific markets, we recommend a comprehensive view for the best insights. Broader analysis can uncover trends and opportunities that might otherwise be overlooked. However, our platform includes filters to help you narrow your focus by markets, product categories, and brands to suit your specific needs.
Contact Us Today to Start Your Price Intelligence Project