Netrivals provides a price tracking tool that utilizes competitive pricing analysis to deliver real-time insights on market trends and competitor pricing. This enables e-commerce retailers and brands to make informed pricing decisions, enhancing sales performance and revenue growth.
Funding
$344.2K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
E-commerce retailers and brands often struggle to maintain competitive pricing due to constantly changing market dynamics and competitor strategies. Manually tracking competitor prices and market trends across multiple channels is time-consuming and inefficient, leading to missed opportunities and reduced profitability. This lack of real-time insights hinders informed decision-making and effective pricing adjustments.
Solution
Netrivals provides a comprehensive price tracking and competitive analysis platform that enables e-commerce businesses to monitor competitor pricing, track market trends, and optimize their pricing strategies in real time. The platform uses AI-powered product matching to identify identical products in competitor catalogs across various channels, including DTC sites, multi-seller marketplaces, and comparison shopping engines. Netrivals delivers daily updated insights, allowing retailers and brands to gain a 360° view of their competitive landscape, make data-driven pricing decisions, and maximize profitability. The platform also offers a no-code pricing strategy builder, multi-channel repricing capabilities, and integrations with Google Analytics to monitor sales performance.
Target Audience
Netrivals primarily targets e-commerce retailers and brands looking to optimize their pricing strategies, enhance sales performance, and gain a competitive edge in the market.
Features
- AI-powered product matching to automatically identify identical products in competitor catalogs
- Competitor monitoring across DTC sites, multi-seller marketplaces, and comparison shopping engines
- Tracking of competitor prices, stock availability, product content, and other web content
- Automated daily updates on market shifts and price changes
- No-code pricing strategy builder for creating custom pricing rules
- Multi-channel repricing to automatically adjust prices across D2C websites and marketplaces
- Integration with Google Analytics to monitor the impact of pricing strategies on sales performance
- Out-of-the-box dashboards for visualizing key metrics and tracking historical data
- API access for building custom BI tools and enhancing strategic analysis
- Flexible product segmentation and tagging for drilling down into specific product categories