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Minderest Tracks Pricing Trends With Cloud-Based Product Suite

Minderest, a price comparison software provider, offers retailers and manufacturers a suite of cloud-based tools designed to help them enhance their price positioning in both online and offline channels. Minderest’s Pricing Tools provide competitive information to help businesses anticipate market changes and streamline the decision-making process.

The Minderest suite has a variety of capabilities, including:

  • Price Intelligence: The software offers intelligent price analysis through graphical, historical and trend representations, including the ability to view from a global category perspective or a detailed product view;
  • Competitor price monitoring: Minderest includes daily tracking of competitors’ prices and stock in any country, language or currency;
  • InStore: Retailers can control their traditional brick-and-mortar channels with price and stock check options for physical competitors;
  • Catalogue Intelligence: This tool provides complete analysis of a competitor’s assortment to find out what references may be missing from a retailer’s own assortment and what new products are coming to market;
  • Repricing: The suite offers a continuous, automatic, rules-based repricing system and competitive price evolution; and
  • Dynamic pricing: An evolved system of repricing incorporates AI and business information in its decision making.

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