myEDITED: What Is Competitive Pricing?
Housed within the Pricing Module, Competitive Pricing links you to EDITED Market.
Here, a set of competitor analysis tools helps you visualize and benchmark yourself against competitors' products by price point, pricing architecture, discount depth, and mix.
Competitive Pricing Use Cases
- Take action on price adjustments to increase or decrease product prices based on performance and competitor strategy.
- Highlight pricing gaps in your assortment.
- Identify the distribution of discounts across a trend, category, or whole assortment.
- Understand your competitors' discount strategies during key promotional periods.
- Identify how your competitors position their assortment across price points.