Are you able to compete online? You may not want to hear it, you may not believe it, but if all the evidence is telling you your business pricing model cannot compete, you may consider whether competing online is actually financially viable. Or, if the margins are low, is it giving you a big enough Return On Effort (ROE)?
The digital World is highly competitive, with the likes of Amazon and its 25 million active accounts in the UK alone, it’s not an easy space to operate in. You may well find other areas of your business more profitable with a greater ROE. Deciding to focus on these areas may garner much greater returns
Whichever way you decide to use our Competitor Pricing Analysis Tool I a sure you will agree it’s extremely powerful and very informative