Datahut Blog
A blog for people & companies looking to make a big business impact with data acquired using web scraping and web crawling. Learn the best practices, business use cases, legality, and how you can do your job better with data.
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Sakshi Ragini
- Aug 31, 2020
- 5 min
Competitive Pricing Analysis: Hitting the Bullseye in Profit Generation
Pricing analysis is one of the most critical components of the consumer decision-making process. Businesses need to be very practical in pricing their products to gain the desired profit. The modern retailer uses the might of competitive pricing to get an edge over his competitors. With the right competitive pricing strategy, you can understand the market trend-shifts and change your prices dynamically. Pricing analysis: An essential component of the consumer decision-making
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