PriceMonit

PriceMonit is a pricing-monitoring service from PRICE MONIT Sp. z o.o., based in Warsaw, Poland. It helps retailers and service businesses track competitor prices, product availability and promotions, providing daily market information to support pricing decisions and protect margins. Customers choose the competitors to monitor, and PriceMonit matches products using manufacturer codes and product names. The service sends alerts when competitors change prices, launch promotions or run out of stock, and keeps historical records to help businesses review market trends and plan campaigns.

Users can set pricing rules, such as aiming to price slightly below the cheapest competitor while maintaining a minimum margin. PriceMonit can suggest revised prices and pass them to a store, depending on the integration. Its offering also includes reporting and a calculator for estimating potential gains. For hotels and apartments, it compares nightly rates by date, location and room type rather than product prices. Pricing depends on the number of products, competitors, monitoring frequency and integration scope.