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Price war complaints from dealers are a never-ending process as there will be complaints mentioning that other dealers are selling at a lower price than regulated price by the distributor.
Distributors can hardly control the prices set by dealers themselves although there is a regulated price as the amount of dealers can be more than thousands. Thus, to monitor manually every price set by the dealer is close to impossible.
To monitor every dealer price is also expensive and time-consuming.
Distributors may have to hire additional staff just to monitor dealers’ prices daily. The more dealers you have, the more staff you are required to hire in order to monitor all the dealers’ prices.
The results from monitoring may also be inaccurate as human factors have to be considered during the monitoring process. Staff management problems are very likely to occur.
Due to this, automated price monitoring software started being developed and distributors started to shift slowly from manual process to automated.
As price monitoring software becomes more and more common, distributors are starting to adopt the software as their price monitoring tools.
However, price monitoring software is currently only available in the United States for Amazon. Luckily for you, Lazyworm is the first Lazada and Shopee price tracker in Malaysia.
Why is Lazyworm only available for Shopee and Lazada?
Source: Statista, https://www.statista.com/statistics/869640/malaysia-top-10-e-commerce-sites/
From the graph above, we can see that Shopee and Lazada have the highest traffic.
How can Lazyworm help distributors?
The data can then be generated as a report to provide you essential information for you to make a decision.
Lazyworm makes monitoring dealers’ selling prices much easier while keeping cost at a minimum.