Top 5 Shopify Application Price Monitoring 2024

To sell as much as possible on your Shopify online commerce site, it is essential to monitor the prices of your direct competitors in your market. That's why, in this article, we present 5 applications that will enable you to have dynamic pricing and monitor your competitors' prices!

PriceMole

For our first application, we recommend this well-known application in the Shopify price monitoring community. The application allows automated tracking of competitor prices, facilitating the implementation of pricing strategies tailored to your sneaker business. You can enter multiple products, analyze several sites simultaneously, and connect your sneakers to major marketplaces such as eBay, Amazon, and many other major merchant sites. PriceMole will automatically monitor price decreases and increases for specific products compared to your competitors, significantly increasing your profits on sneaker sales. It comes with a customer service available at all times to assist with any installation or price tracking configuration issues. The application has accumulated over 50 reviews with an average rating of 4.8/5. Regarding prices, you can choose from several plans starting at $99 per month, with three other plans available at $199, $299, and $499 per month. However, there is a 14-day free trial to test the application's suitability for your needs. Depending on your requirements, it's important to choose the plan that best suits your business and enterprise needs. It's an excellent application for your Shopify sneaker business.

Dynamic Pricing Optimization

Next in this article, we introduce one of the most well-known dynamic pricing applications on Shopify. It's one of the best ways to quickly and easily increase profits for your online sneaker sales business. You can track an unlimited number of competitors on the web, a crucial and significant advantage. You can also apply dynamic pricing to your products, allowing for real-time price decreases and increases based on market figures. If the sneaker market favors you and your direct competitors increase their prices, adjusting your price can make you the cheapest or align with the competition, depending on your sales strategy. The application's support team can assist you in case of any problems, ensuring efficient use of your time and rapid profit and margin increases in the sneaker market. With over 150 positive reviews and an average rating of 4.9/5, this application demonstrates its seriousness and power. Regarding prices, it starts at $49 per month, followed by $199 and $399 per month, depending on your needs and the size of your business. A 14-day free trial is available to test the application before implementing it for your business. It's an excellent application to synchronize with your competitors' prices.

Pricefy – Price Monitoring

The third application we present in this article is perhaps less known, but it has all the capabilities to help you monitor and track prices of products you share with your competition on your Shopify e-commerce site. This application allows you to identify your direct competitors on the web and align your prices with theirs for sneakers and products you have in common. This is crucial for an online sneaker sales business as offering the best possible price is essential to attract more interested customers to buy from your e-store. The lower your price, the more your sales will increase over time, making you one of the cheapest sellers of that sneaker model! You will receive a notification as soon as one of your competitors changes their price on a shared product, and the application will automatically adjust your price. If the market were to collapse overnight, this could significantly reduce your losses. Similarly, if the market rises, your profits will be maintained under all circumstances. Their support is available if you have any questions or specific issues with the Shopify extension. The application only has 10 reviews, but it has an average rating of 4.7/5, indicating a quality service. As for prices, a completely free version is offered, along with two plans at $99 and $189 per month. Depending on your needs, it is more or less recommended to choose a subscription that is more or less expensive. It's an application with great potential in terms of price automation and dynamic pricing for sneakers.

Pricing Intelligence

For this fourth application, we have less data because it is less known to the general public, but it has the potential to become one of the market leaders over time, especially with the improvement of its features. It has a rather simplistic interface, which greatly facilitates configuration. Indeed, the interface is quickly understood, and the application is much faster and more efficient to use. Like its competitors, it allows you to offer dynamic prices for your sneakers, changing according to the prices of your competitors that you have previously filled in. The application covers all currencies, which is a significant advantage. It also offers tracking of an unlimited number of competitors. In a speculative market like sneaker reselling, there is a lot of competition, so it is essential to link your prices to as many e-commerce sites as possible to significantly increase your margins. You can also inform your strategy, whether it is to be at the same price as your colleagues or slightly cheaper to directly increase the number of sneakers sold. Although its installation and setup are quite simple, their team is available to help you if you encounter any issues during use, installation, or configuration of the application. A free version is offered to get to know the product, and then you can opt for two paid versions at $49, $99, and $199 per month. The criteria differ according to the price, so it is important to check the application's page to see which subscription corresponds to your sneaker reselling online business.

Intelis – AI Dynamic Pricing

The last application we present in this article, focusing on the top 5 applications for dynamic pricing on sneakers in your Shopify store, is based on artificial intelligence. Indeed, this promising project allows you to optimize your prices through AI. With this functionality, you can offer dynamic and competitive prices, becoming one of the cheapest market players by aligning or being just below the prices of your direct competitors, thus increasing sales. This will significantly expand the visibility of your Shopify site. With this application, you can also track every sales channel such as Google Shopping, Amazon, and eBay. You can build your own pricing strategy for your sneakers with this application. This is crucial in any business, but especially in a speculative market like watches or sneakers. The price of your product is the key to your profits. A too high price will certainly bring a lot of profit but few sales, whereas the right price will bring both profit and the perfect number of sales! This extension has a customer service that is attentive to usage or configuration issues. If you encounter a problem or simply have a question before subscribing, feel free to contact them directly through their page. Regarding subscription prices, three are offered: $39, $149, and $349 per month. The plans vary depending on the number of products on your site and the sales channels you have. However, it is possible to have a free 14-day trial to test the extension!

Conclusion

For your online sneaker sales business, it is crucial to have an application that allows you to implement a pricing strategy. Being cheaper than your competitors or having dynamic prices are crucial criteria for quickly increasing your profits and sales.