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PriceWatch

Regularly updated retail pricing data improves our clients’ visibility of the pricing landscape, allows them to optimise margins and boost profitability.

Even the most sophisticated pricing systems require a foundation of reliable pricing data to be effective. Without regularly updated knowledge of competitor price movements, both you and your systems are “flying blind” and setting your price based on hope – not fact.

Informed Sources has been collecting prices in the fuel and convenience retail sectors since our inception nearly 40 years ago. We are experts in the gathering, cleansing and packaging of this data – whether in person or via online sources.

PriceWatch clients are able to set their price with confidence that they are actually implementing company strategy – whether it be increasing margin or volume. The uptick in profitability comfortably outweighs the cost of the service.

Innovative collection methods

We have a variety of collection methods available, depending on the product and market in question. Whether in-store, drive-by, electronically or even over the phone, we have the staff, systems and technical know-how to collect individual product prices from across the globe.

 

 

Data cleansing

Data sources may be unreliable due to a variety of factors – and bad prices have the potential to seriously distort analysis. Over the years we have developed various techniques to identify suspect prices, query them and eliminate them if need be.

Harmonisation

Whether we are collecting prices from 1, 2 or 20 different sources, our pricing data is served up to our clients in a streamlined, consistent format across collection methods and locations. Let us do the hard work so that you can just focus on the analysis.

 

Delivery & Analysis

We have a range of delivery techniques in order to get prices to our clients when and how they want it. Whether viewing prices via our PriceWatch Reports platform or importing data into other systems, we are able to integrate our prices into the day-to-day of the smallest retail operation to the largest multinationals.

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A consumer awareness initiative of the Informed Sources Group.

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