Every week, we’ll post one of the 1,000+ startup ideas collected on www.businessideas.directory site here and on our blog. This way, you can see the quality and depth of the ideas in the directory and how they can spark your next big venture.
Problem
Retailers struggle to stay ahead in a crowded e-commerce market. They lack real-time insights into competitors’ pricing, product offerings, and marketing strategies. This makes it difficult to make informed decisions, optimize pricing, and identify market opportunities. Key challenges include:
- Inadequate competitor data
- Slow response to market changes
- Inefficient pricing strategies
According to Adrian Gmelch [22]
“Currently, there are more than 26.5 million e-commerce sites in operation globally. The number of e-commerce sites worldwide increased from 9.2 million in 2019 to 26.5 million by 2023.”
Idea
Develop a SaaS platform that provides real-time competitive analysis and market intelligence for e-commerce retailers. The solution should include:
