CMR Channel Monitor™
Channel Monitor provides a real-time, streamlined solution for all of your product tracking needs. Quickly and easily follow products across all of your merchants. Keep a competitive edge on an unpredictable market by keeping track of sale patterns by date, product, price, country, and more! Don’t waste any more valuable time researching product details - Channel Monitor takes care of all of these processes automatically. There is no expensive software or space-wasting download needed - access your info 24/7 from any computer with internet access.
Features and Benefits
- Strategically track product information Proprietary technology extracts the product data directly from reseller sites. Track items by product listings/SKU, pricing, promotions, stock levels, end-of-life info, competitive price deltas, etc. There is also the ability to label products by type/model/ merchant/etc., so you can categorize and save the searches that are most crucial to you.
- Monitor your competitors Detailed information allows you to monitor the competition. Follow their product information in real time. Set up alerts to notify you of any changes to your competitors’ pricing. Review historical data on any competitor to see their market trends. Significantly reduce reaction time and avoid losing sales due to price reductions in your market. If a merchant is not already covered, it can be added for your convenience.
- Set up customized alerts to fit your needs Utilize the custom alerts feature from your “Watchlist” to make accurate and reliable price moves. Set up instant/daily/weekly alerts to notify you if/when a product has activity, and specify which kind of activity is of interest. Alerts can be set up to notify you of: price changes, stock availability, promotions, MAP violations, etc. You can have these alerts sent to anyone in your company via email or smartphone, so you are sure that the information is getting where you need it most.
- Quickly review product information using the specialized “grid” view Data is cleansed and uploaded into an easy-to-read grid, which is color-coded for better organization. Easily utilize this grid view for side-by-side analysis. You can instantly see which merchant has the highest/lowest price for your products, as well as tracking those of your competitors. See who is out of stock on/ has discontinued an item. Verify who is using promotions that have been offered. Customize the grid so it shows as little or as much as you’d like.
- Rapidly Increase Sales and reduce labor cost Utilize the "out-of-stock" feature on the grid view, and easily see which merchants are out of stock on your products. Your sales team can get a quick and easy sale for those merchants, without wasting time on merchants who have inventory.
- Create hassle-free Reports instantly with the Export feature Channel Monitor has the capability to create reports in CSV and HTML formats, and can be customized however you need. You can also use the Channel Monitor information to easily and seamlessly populate your own reports for additional analysis. Use Channel Monitor to run reports on: price history, channel sales activity, competition, product placement, shelf share, market impact, inventory levels, comparative pricing/promotions, etc. Watch folders can also be created, so you have direct access to your most concerning products and merchants. Use these to sort your data by a multitude of parameters, including product specifications, category, and competitive pricing.
