£500K Revenue Increase Through Competitive Price Intelligence
A leading UK electronics retailer needed real-time competitor pricing data to optimize their pricing strategy and remain competitive in a fast-moving market.
The Challenge
- Manual price checking across 15 competitors was time-consuming and error-prone
- Pricing decisions were made on outdated information
- Lost sales due to uncompetitive pricing
- No visibility into promotional strategies of competitors
Our Solution
- Automated price monitoring across all major UK electronics retailers
- Real-time alerts for price changes and promotional activities
- Custom dashboard with pricing analytics and trends
- API integration with their e-commerce platform for dynamic pricing
Results Achieved
"UK Data Services transformed our pricing strategy completely. We now have real-time visibility into competitor pricing and can react instantly to market changes. The ROI was evident within the first month."
Sarah Thompson
Commercial Director, TechElectronics UK