netRivals

netRivals Software for Price Optimization


4.5 / 5
5 reviews

Who Uses This Software?

NetRivals software for price optimization is mainly aimed at retailers (ecommerce) and brands. Potential users getting benefits from the platform: Marketing/ Pricing/ Product Managers, CEOs, KAMs...


Average Ratings

5 Reviews

  • 4.5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Trial
    Yes
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • netRivals
  • www.netrivals.com
  • Founded 2015
  • Spain

About netRivals Software for Price Optimization

Our systems daily scan over 400 million products in +30K ecommerce sites from +50 countries all over the world. We want to provide both retailers and brands with a more comprehensive view of the state of prices in the market that will allow them to build an effective pricing strategy. netRivals price intelligence software is developed by an expert team on pricing and technology and it is currently trusted by customers operating internationally.


netRivals Software for Price Optimization Features

  • Channel Analysis
  • Competing Product Analysis
  • Forecasting
  • Market Analysis
  • Multi-Store Management
  • Price List Management
  • Price Optimization Automation
  • Pricing Analytics
  • Profitability Analysis
  • Scenario Planning

netRivals Software for Price Optimization Reviews Recently Reviewed!


A must-have platform to reach optimal business performance and pricing efficiency.

Jul 06, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: One of our greatest concerns is increasing our catalog of products in order to keep offering our customers a wider assortment. This involves releasing more than 10,000 products in 25 markets on a weekly basis, which means that we have to deal with 250,000 new prices every week. To do so, we mainly worked with a system of pricing by categories, in which improving accuracy in terms of pricing was, to be honest, quite complicated and we lost so many opportunities to gain a bigger margin.

With netRivals we have managed to get a higher percentage from all our catalog, connected to the prices of our competitors in all the markets. Something which helps us set a far more accurate pricing strategy. We have been able to get rid of lots of Excel files with prices along with the manual procedure. Therefore, we have gained time to be spent on strategy, analysis on market movements, as well as on the decision-making process.

Now we can accurately tell in which products we are the cheapest and strongly invest in them, given the fact that conversions significantly increase at better prices. A remarkable improvement has also been made in the purchasing department because thanks to the real-time information on the pricing actions of our competitors we haven been able to negotiate in a more effective way. netRivals flexible and adaptable solution is critical for us to manage our pricing in such a competitive sector as Pet Food.

Cons: We've been working with netRivals from the very beginning (2016) and we cannot say we have any complaints about its service and features.

Overall: Using this platform, we have been able to automate tots of manual processes that were part of our daily pricing management at the very beginning of our history as a company. Apart from the quality of the features of this tool, we'd also like to remark how valuable it has been to us the support provided by the Customer care team before, during and after the implementation of this software. Really remarkable!

Nothing but pleasant experience from start to finish

Jun 26, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: NetRivals is the most innovative and customer-oriented price comparison platform around. The interface is very user-friendly, there are plenty of useful features with new features being added on a regular basis, and the customer service is exceptionally phenomenal. Can not recommend this software solution enough!

Cons: NetRivals is very powerful in its data collection so make sure you have the manpower to handle all this data to make use of this tool to its full potential

Overall: Helped increase our margins and profits

Vendor Response

by netRivals on June 28, 2018

Thank you very much for this review. We love to hear our customers are happy!

Implementation was quick and smooth. Almost no learning curve. Productive tool from day 1.

Jul 05, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Its user friendly interface.

The ongoing smart connections generation (silent worker)

The easy set up and editing of email alerts.

The Analytics module.

Cons: Not ready yet to compare competitor's prices with/without freight charges.

Not ready yet to compare competitor's prices after coupon redemption.

Overall: Quick overview of level of competitiveness by country, product category and brands. Smart info to take action and justify adjustments on price, range, availability, ... and initiate productive conversations with suppliers, category managers and other agents.

Very powerful tool

Oct 22, 2018
4/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: - very powerful

- very convenient

- Very quick analysis

Cons: - Not so easy to manage if you have a large catalog

Overall: good customer care

Good software for wachting prices

Oct 09, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Easy to use, good overview of a product and its price history

Cons: Not everything speaks for itself, such as how to connect or disconnect a certain link with a competitor.

Overall: Good experience, customer service responds quite quickly as well