Selling products on Amazon can be challenging, especially with the highly competitive nature of the online marketplace. With Amazon inching close to a million sellers, it is not easy staying afloat. So how do you stay ahead of your competition? How do you still manage to sell your products and generate good revenue from Amazon sales?
If you are running an eCommerce site, you already know the constant competition of showing up on search results. With new developments and continuous swings in the eCommerce sector, retailers are implementing every strategy to enhance their store visibility.
Today, competitor price monitoring has become the hottest trend to follow as the eCommerce industry has touched the new skies of development. From traditional selling to online selling via websites and applications, this sector has come far along. As per the market reports, The global e-commerce market size was valued at USD 9.09 trillion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2020 to 2027.
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