Cost couldn’t be avoided and it affects profits gain directly and it will also be increased from time to time.
You should reduce your cost whenever possible by moving onto automation and reduce manual work.
Monitoring competitors’ prices requires high cost as more humans are needed to trace links when you have many SKUs and numerous competitors.
Let’s look at the table below;
| Lazyworm | Human | |
|---|---|---|
| SKU | 1,000 | 600 |
| Number of Similar Product | 10 | 10 |
| Total Link Track | 10,000 | 6,000 |
| Cost | RM999/month | At least RM1800 per month + EPF + SOCSO |
| Weekend & Public Holiday | Still Working | On Leave |
| Cost of Staff Benefits | None | Pay Leave, Annual Leave, etc |
| Error of Data | None | Human Error |
| Management Cost | ||
| Speed of Generating Report | Less than 10 seconds | Depends on Performance |
As you can see, using Lazyworm is much more cost-saving and effective compared to hiring a staff to do trace links.
You may also be required to hire additional staff to trace as one of the two may take leaves or may perform inconsistently. Not forgetting humans do not work on weekends and public holidays.
How can Lazyworm help you to reduce your cost drastically?
Lazyworm is an automated price monitoring software which automatically traces links for you. Thus, labour costs are reduced by a huge amount as no humans are required to trace the link.
Most common problem is that online sellers are worried about having price monitoring software that is expensive or having too many unused features of the software, hence, increasing the cost.
Thus, why is Lazyworm more cost-saving?
- Fully customizable plan
- Depends on how many links you have
- Prices are calculated with links
You don’t have to worry if you are a small business with less SKU as you can customize based on your current needs and requirements.
Furthermore, you can save further cost as Lazyworm is able to generate a Link report to notify you regarding any;
- Duplicates link
- Invalid link
- Valid link
This is to ensure that you fully utilize Lazyworm and not waste time and money tracing links that are duplicated or invalid and only trace links that are valid.
Also, Lazyworm will notify you regarding any name changes of the competitor’s traced products and give you the option to choose not to continue tracing the link.
Lastly, Lazyworm can minimize your cost to a certain extent. You need not worry about having an overpriced price monitoring plan where you don’t need most of the features while still able to provide you accurate data.