{"id":401188,"date":"2023-09-21T08:49:51","date_gmt":"2023-09-21T08:49:51","guid":{"rendered":"https:\/\/webkul.com\/blog\/?p=401188"},"modified":"2023-09-21T09:07:16","modified_gmt":"2023-09-21T09:07:16","slug":"user-manual-of-odoo-competitor-price-monitoring","status":"publish","type":"post","link":"https:\/\/webkul.com\/blog\/user-manual-of-odoo-competitor-price-monitoring\/","title":{"rendered":"User Manual of Odoo Competitor Price Monitoring"},"content":{"rendered":"\n

INTRODUCTION<\/strong><\/h2>\n\n\n\n

Sell more, sell fast with Odoo Competitor Price<\/a> Monitoring!<\/p>\n\n\n\n

Knowing your competitor’s prices is vital to stay ahead of them. It helps you determine the right time to change your price and benefit from it.<\/p>\n\n\n\n

Besides, being aware of the rival\u2019s prices lets you make a more accurate decision to bring in revenue.<\/p>\n\n\n\n

The Odoo Competitor Price Monitoring module lets you check competitors\u2019 pricing strategies. Moreover, the Odoo app permits tracking competitors\u2019 price changes and making informed pricing decisions.<\/p>\n\n\n\n

The module sends an email on price updates (based on configuration). It further assists you in staying competitive in the dynamic market.<\/p>\n\n\n\n

FEATURES<\/strong><\/h2>\n\n\n\n
    \n
  1. Odoo Competitor Price Monitoring allows you to create rivals\u2019 price analysis feeds to monitor their pricing.<\/li>\n\n\n\n
  2. You can compare product prices from various competitors in the same competitor feed.<\/li>\n\n\n\n
  3. You can further define the rules for price notifications, like when to send price update notifications.<\/li>\n\n\n\n
  4. The Odoo app will update you about the competitor\u2019s price based on the selected parameters.<\/li>\n\n\n\n
  5. Set up a cron to update the price data at fixed intervals.<\/li>\n\n\n\n
  6. Or You can manually run a cron for price updates.<\/li>\n\n\n\n
  7. It sends an email to your registered email address according to the selected notification rule.<\/li>\n<\/ol>\n\n\n\n

    INSTALLATION<\/strong><\/h2>\n\n\n\n
      \n
    1. Once you purchase the App from Webkul store, you will receive the link to download the zip file of the module.<\/li>\n\n\n\n
    2. Extract the file on your system after the download finishes. You will be able to see a folder named- \u2018competitor_price_monitoring.\u2019<\/li>\n\n\n\n
    3. Copy and paste this folder inside your Odoo Add-Ons path.<\/li>\n\n\n\n
    4. Now, open the Odoo App and click on the Settings menu. Here, click on Activate the Developer Mode.<\/li>\n\n\n\n
    5. Then, open the Apps menu and click on \u2018Update Modules List.\u2019<\/li>\n\n\n\n
    6. In the search bar, remove all the filters and search \u2018competitor_price_monitoring.\u2019<\/li>\n\n\n\n
    7. You will be able to see the module in the search result. Click on \u2018Install\u2019 to install it.<\/li>\n<\/ol>\n\n\n\n

      WORKFLOW<\/strong><\/h2>\n\n\n\n

      Now, let’s see how to configure Odoo Competitor Price Monitoring.<\/p>\n\n\n\n

      CONFIGURATION<\/strong><\/h3>\n\n\n\n

      1. Navigate to the \u2018Price Monitoring\u2019 module, click on the \u2018Product Feeds> New,\u2019 and create a feed. <\/p>\n\n\n\n

      \"navigating-to-create-product-feeds-in-odoo-competitor-price-monitoring\"<\/a><\/figure>\n\n\n\n

      2. Fill in the product name in the form, select the price notification rule, and add one of your related products. After that, click the \u2018Add a Line\u2019 option in the \u2018Suppliers\u2019 tab.<\/p>\n\n\n\n

      \"creating-feeds-in-odoo-competitor-price-monitoring-1\"<\/a><\/figure>\n\n\n\n

      3. In the popup wizard, enter the competitor\u2019s product URL. It will automatically detect and fetch the website. Once done, click the \u2018Fetch Data\u2019 button to get prices.<\/p>\n\n\n\n

      \"creating-feeds-in-odoo-competitor-price-monitoring-2\"<\/a><\/figure>\n\n\n\n

      4. After saving, click the \u2018Compare Price\u2019 button to get prices.<\/p>\n\n\n\n

      \"coarping-prices-ofcompetitors\"<\/a><\/figure>\n\n\n\n

      5. Next, move to the \u2018Configuration> Websites\u2019 to add competitors website.<\/p>\n\n\n\n

      \"navigation-to-add-competitors-websites-in-odoo-competitor-price-monitoring\"<\/a><\/figure>\n\n\n\n

      6. Enter the website name, website, and sample product URL in the form. Additionally, in the \u2018Python Code\u2019 tab, enter the displayed code. It will execute the fetch competitor\u2019s prices.<\/p>\n\n\n\n

      \"adding-competitors-website\"<\/a><\/figure>\n\n\n\n

      7. Move to the \u2018Configuration> Price Notification Rules\u2019 to check the available rules. Additionally, you can create one with the \u2018New\u2019 button.<\/p>\n\n\n\n

      \"navigation-to-notification-rule\"<\/a><\/figure>\n\n\n\n

      8. To add a notification rule, enter the name, select action, responsible, and email template.<\/p>\n\n\n\n

      \"adding-notification-rule\"<\/a><\/figure>\n\n\n\n

      9. Once done, open \u2018Configuration> Scheduler.\u2019 In the form, specify the \u2018execute every (day), and check the active status, number of calls, and priority.\u2019 You can also run it manually from the provided button. <\/p>\n\n\n\n

      \"setting-up-cron-scheduler\"<\/a><\/figure>\n\n\n\n

      10.  The received mail will contain details as shown below, or it can be different based on the template.<\/p>\n\n\n\n

      \"sent-notification-or-email\"<\/a><\/figure>\n\n\n\n

      OTHER ODOO MODULES<\/strong><\/h2>\n\n\n\n