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Competitor price monitoring can help you react quickly to shifts in pricing and prevent losses. It can help you drive more sales to your online store since you are able to avoid overpricing products. But a few online store owners are taking advantage of price monitoring.

SpiceJet, one of the leading low-cost carriers (LCC) of India, has been taking several significant steps in the current fiscal to increase its revenue. From announcing heavy discount schemes at regular intervals to offering special welcome to fliers on festive occasions, this carrier has done it all to attract more and more travellers.

SpiceJet has brought revolutionary plans to boost its market share in the coming season. It has been facing some difficult days in business faced by a loss in the previous financial year. For this year, however, it has thought of new agendas that have the potential to lift its diving business prospects.

Pricing of products and services in travel and accommodation industry is one of the factors that determine how well or bad a business is doing. Customers are concerned about what they pay for a product or service and any slight difference can lead to loss or gain of customers.