Build your competitor monitoring tool.
Track competitor page changes with dated observations and source evidence.
How to build your competitor monitoring tool
Describe the job
Track competitor page changes with dated observations and source evidence.
Review the first version
Choose how the market researcher records the competitor and how the commercial reviewer reviews the next step.
Refine the views
Ask First to adjust the fields and views for the people who will use the app.
Test before sharing
Walk through the process with a sample record and check who owns the next action.
A competitor monitoring tool example
A competitor page changes a listed pack size with its price.
Competitor monitoring tool example
- Record
- Competitor monitoring tool · 01
- Owner
- Market researcher
Current stage · Market researcher
Open the competitor
A competitor page changes a listed pack size with its price.
Read the full walkthrough
Open the competitor
A competitor page changes a listed pack size with its price.
- Record:
- Competitor monitoring tool · 01
- Owner:
- Market researcher
Review the evidence
Flag both changes before comparing the price alone.
- Stage:
- Review pending
- Owner:
- Commercial reviewer
Compare the changed pack size and price together
Compare the changed pack size and price together rather than price alone.
- Next action:
- Compare the changed pack size and price together rather than price alone.
- Owner:
- Product analyst
What to include in your competitor monitoring tool
Keep the competitor in context
Keep competitor, page URL, observed date, offer version, change and evidence together so the next person can understand the request or record.
When the next step needs a decision
A competitor page changes a listed pack size with its price. Flag both changes before comparing the price alone.
Keep evidence visible
Compare the changed pack size and price together rather than price alone.
Choose what each person needs
Give the market researcher a working view and the commercial reviewer a review view. Keep competitor and page URL attached to the decision as the work moves between them.
Questions about competitor monitoring tool
Start with competitor, page URL, observed date, offer version, change and evidence. Describe who enters the information and who reviews the next step.