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7 mistakes retailers make when setting price indexes relative to competitors

7 mistakes retailers make when setting price indexes relative to competitors

by ProcuseWise | Nov 24, 2025 | Data and analysis, Pricing

In the relentless pursuit of market dominance, pricing isn’t just a number; it’s a strategic battleground. Every price point is a message to your customers, a challenge to your competitors, and a direct lever on your bottom line. In a digital marketplace...
Is outsourcing negotiations worthwhile for start-up shops?

Is outsourcing negotiations worthwhile for start-up shops?

by ProcuseWise | Nov 17, 2025 | Financial management, Procurement

For startups, every decision is a high-stakes bet on the future. Outsourcing is often seen as a critical move to conserve capital and access specialized talent, but the real advantage isn’t just in the act of delegating—it’s in the art of negotiation. Many...
How AI improves competitor price monitoring and supplier risk analysis

How AI improves competitor price monitoring and supplier risk analysis

by ProcuseWise | Nov 10, 2025 | AI in business, Pricing

In the digital marketplace, price is a primary battleground. Consumers can compare dozens of options in seconds, making competitive positioning more critical and volatile than ever. For businesses still relying on manual spreadsheets or basic alerts to track...
BI tools vs traditional Excel reports – which solution is better?

BI tools vs traditional Excel reports – which solution is better?

by ProcuseWise | Nov 3, 2025 | Reports and dashboards

For decades, Microsoft Excel has been the undisputed workhorse of the business world. With an estimated global user base of 1.1 billion to 1.5 billion people, its grid of cells has powered everything from simple lists and budgets to complex financial models. It is the...
A basic guide to data scraping for competitive and market analysis purposes

A basic guide to data scraping for competitive and market analysis purposes

by ProcuseWise | Oct 27, 2025 | Data and analysis, Reports and dashboards

In an age where digital information is the new currency, the ability to collect and analyze vast amounts of data is a critical competitive advantage. Every day, an immense volume of valuable information is published on websites, from pricing data and market trends to...
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Recent articles:

  • Using price psychology and emotional factors to increase perceived value
  • How to conduct test promotions to validate pricing strategies?
  • Is it worth outsourcing purchasing negotiations? Key benefits and risks
  • How many active SKUs should a shop have? Best practices in managing the number of products
  • The rise of AI-assisted demand forecasting: what you need to know now?

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