In the fast-moving B2B IT market, a day
without access to accurate, clean pricing data is a day when your
competition gains an advantage. The biggest daily challenge for many
teams is moving past messy "collected prices" to conducting
strategic analysis.
PriceWatch was built to eliminate
manual data clean-up and empower confident, data-driven decisions that
maximise profitability and ensure channel health. Here are the three
most critical solution attributes and how they transform the daily
tasks of product, channel, and BI teams.
Pillar 1: Analysis-Ready Data (ARD) at Your Fingertips
This attribute tackles the time and
effort spent on data preparation, a key pain point for Business
Intelligence and Data Analysts.
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The Attribute: The
Analysis-Ready Dataset (ARD). The solution transforms
raw, collected pricing data into a clean, enhanced, and
standardised dataset by removing statistical outliers and
enriching it based on market trends.
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Importance to Daily Tasks:
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For BI Analysts: This
eliminates hours of manual data cleaning and
validation. You can skip the tedious preparation
phase and focus immediately on strategic analysis, seamlessly
integrating pricing data with other datasets like sales.
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For Product
Managers: It ensures every report and analysis
you run is based on reliable, accurate information,
leading to better-informed product pricing and market
positioning decisions.
Pillar 2: Unparalleled Market and Channel Visibility
This focuses on the core needs of
Vendor Channel Managers and Sales Operations and the
challenge of managing complex, multi-channel pricing.
Pillar 3: Strategic Decision Empowerment and Benchmarking
This highlights the high-level
strategic value for Vendor Product Managers and Pricing Strategists.
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The Attribute:
Pricing Insights and Competitive Benchmarking. The
solution is purpose-built for vendors to analyse general
pricing trends and benchmark their own products against
competitors. This is supported by key app features like
price change highlights, top sellers, and new
product tracking.
- Importance to Daily
Tasks:
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For
Product Managers/Strategists: You can confidently
benchmark your product's pricing to optimise margins and stay
competitive. Insights features give you quick, valuable
intelligence into market trends, allowing you to react
proactively and develop effective go-to-market strategies.
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For All Users:
Leveraging this accurate, integrated pricing
intelligence drives smarter business outcomes across
the organisation, from optimising product profitability to
identifying competitive threats.
Why This Matters
The solution is more than just a
data feed; it's an analysis-ready platform that solves the daily
friction points of B2B IT pricing teams. Teams looking to move
beyond incomplete and messy data can leverage this platform's
superior data quality and integrated analytical suite.
Find out more on PriceWatch.