
Most pricing teams react to competitor price cuts after they've already eroded margins. A more powerful approach is monitoring how often competitors display "Was/Now" savings messaging across their catalogs — because this metric serves as a leading indicator of broader industry discounting trends.
When multiple competitors increase their Was/Now frequency simultaneously, it typically signals preparation for a coordinated price war or seasonal clearance event. Catching this pattern early gives your team a critical window to strategize rather than scramble.
Individual "Was" prices can be misleading — competitors may inflate original prices to exaggerate perceived savings. But the frequency of Was/Now displays across a competitor's entire catalog is a behavioral signal. It reflects internal pressure to move inventory, respond to margin erosion, or prepare for a promotional blitz that static price snapshots will never reveal.
When this frequency spikes across two or more competitors in your category, the probability of an industry-wide price war within 4-8 weeks increases significantly. This is your preparation window.
Once your alert fires, you have strategic options. You can hold price and capture share from competitors who will eventually capitulate on margin. You can selectively match on high-visibility SKUs while protecting hidden-margin products. Or you can reposition toward bundles and value-adds that sidestep the discount race entirely.
The key advantage is time. Teams that monitor Was/Now frequency trends act on intelligence rather than reaction. They enter price wars with a plan instead of a panic.
Start tracking this metric this week. Your next margin crisis may already be building in your competitors' promotional pages.