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Is it just limited to online only?
Yes, PriceMentor offer an online service, maybe you do not have an online presence, but if your competition of interest are online, we are here to serve you.
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Do you share any data gathered with my competitors?
No, We respect any data you give us. It's completely secure and not used against you.
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How do I know the data is accurate?
We collect the information presented on your competitors websites on a regular basis. 99% of the time the data is spot on. Should you discover an anomaly, please advise us and we will endevour to have this corrected. 100% accuracy is our target.
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Is it legal what we're doing?
Yes, completely, the data being collected is in the public domain and exposed to anyone and everyone. We carefully review and abide by every website's policies.
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Is there a minimum sign up period?
No. For a small setup fee we will get you on your way monitoring your competitors. The setup fee will be waived for a minimum contract period based upon the number of competitors being monitored.
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Will my competitors know I'm using the PriceMentor service?
PriceMentor do not do anything to identify ourselves to your competition. Our spidering system is spread across several networks and does not overload your competitors' servers. We appear as a regular (and very interested regular) visitor to your competitor.
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Once I sign up, do I need to do anything?
Technically no. Though to gain the greatest benefit from our service you will need to provide us a datafeed of your product range. This will alleviate our servers from putting a load on yours and also ensure we have 100% accurate information to compare your catalog against your competitors.
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Do I need any training to use your service?
Absolutely not! Our reports we deliver are very simple to understand and are honed for many purposes. For the more technically minded we offer you the raw data if you are Excel savvy and wish to take your own perspective on the data.
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Will I understand the report?
Our reports we deliver are very simple to understand and provide a lot of information in a compact and concise manner. You will have no trouble interpreting and reading into many valuable metrics for your product range.
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Using PriceMentor, will I rank well on 'best price' engines?
Indeed! we provide you the precise information you require to rank at the top of any price comparison shopping engine.
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What's the frequency of reporting?
PriceMentor runs on a monthly and weekly reporting cycle. Depending upon your needs, industry activity and budget we can cater to regular price fluctuations or a lower priced monitoring service.
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What formats can I get my report in?
Currently we deliver a well presented Adobe Acrobat PDF report ready for the reading with hyperlinked content to webpages containing each products information on your own site and your competitors. We also deliver this same data in a more raw CSV format ready for your own interpretation in such tools as Microsoft Excel.
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Do you supply data feeds?
Yes, this is an optional service we can offer. Please
contact us for further information.
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Can we work out the profit another site is making from the data you provide?
Yes, indeed we can. But we do not know their cost price. We can predict this information based upon the cost prices you provide in your datafeed to us. We have fully considered this scenario. With this information you will know immediately if one of your competitors are selling 'under cost'. They may be selling old stock nearly at end of shelf-life or perhaps this is an indicator of a better supplier being available to you! Our main PDF report will provide you many insights and intelligence into your pricing.
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Do you offer sales data of my competitors?
In some cases we may. Not every website of your competitors will expose stock levels. But when they do, rest assured, we are going to let you know about the movements of their stock and profit made on each item (based upon your cost price).