Competitor Price Tracking – Stay Competitive

Knowing competitor prices helps you stay relevant without racing to the bottom.

What to Track

• Key items – Top 20–30 sellers
• Frequently – Weekly or monthly
• Method – Visit, send someone, or check online if they sell there

How to React

• Match – For commodities, parity is expected
• Undercut – On loss leaders or promotions
• Premium – Charge more if you offer more (location, service, quality)
• Ignore – For some items, your customers don’t compare

Don’t

• Change prices daily based on every move
• Sell below cost to “win” (sustainably)
• Obsess over one competitor

Stockkeeper tracks your cost so you know your floor. Join the waitlist.