Frequently Asked Questions
Does Glowlit share user information?
Glowlit does not share personally identifying information on its users. We take the anonymity of our users very seriously. User price inputs are shared only in aggregate form as part of market intelligence report.
How does Glowlit source its information?
Glowlit Open allows users to anonymously share their most recent delivered price for a specific product, and in exchange, get access to a market intelligence report powered by a network of fellow purchasing managers. At Glowlit, we refer to this as give-to-get crowdsourcing. Glowlit also sources price information directly from companies via its Pro+ platform.
How is Glowlit able to offer price reports for free?
Glowlit Open, our most basic service, is able to offer free market intelligence reports because of our unique business model. Unlike traditional PRAs (Price Reporting Agencies), Glowlit recognizes that different market players have vastly different data needs.
Glowlit Open was designed with regional market players in mind. Users from local feed mills and traders work locally, and consequently need access to data from a limited geographical area. However, these same users often have the best access to real-time price data because they buy more often, and so they are able to make an invaluable contribution into the Glowlit system. The bottom line is this: we keep Glowlit Open free to ensure the continuous flow of real-time data into the Glowlit platform.
Unlike these smaller market players, larger companies have a need for price data that spans multiple regions or is even global. These companies are able to pay Glowlit for reports that include a more global data set. Glowlit charges these companies a fee for anonymized aggregate data on a more global scale via our Pro and Pro+ platforms.
Please contact us at guy@glowlit.com to learn more about our Glowlit Pro and Glowlit Pro+ solutions
Who uses Glowlit?
Glowlit users are largely made up of feed mill purchasing managers, animal nutrition sales managers, and industry consultants.
How does Glowlit verify price entries?
Thanks to our unique model, Glowlit receives price entries from around the world 24 hours a day, 7 days a week. These entries teach our industry-specific algorithm to verify price entries and provide users with immediate value. In addition, the Glowlit algorithm flags unique entries for human verification, we review those within 24 hours of entry time.
How can you see a report if you don’t have a price entry?
To use Glowlit Open, users need to enter a recent delivered price for a specific product in order to access a market intelligence report for that product. If you haven’t made a recent purchase and don’t know have a delivered price, just call your local additives seller and ask for a quote. Enter the quoted price to gain access to your report. You’ll know immediately whether your quote is fair, or whether you should return to the negotiating table!
Users may also upgrade to Glowlit Pro, which allows users to see reports without entering price information. Please contact us at guy@glowlit.com to learn more about our Glowlit Pro and Glowlit Pro+ solutions.
I didn’t find a report for my product. What can I do?
Glowlit adds new products based on user demand, either through searches or direct inquiries to our team. Once we see demand from a sufficient threshold of users, we will ping those users to begin entering their price data. Once there are a sufficient number of price inputs on that product, we will add it to our product selection and begin generating price reports.
Can I see a more in-depth report?
Glowlit Pro and Pro+ users have access to more in-depth reports.
Glowlit Pro users have access to price comparison reports for all available products in a single region of the world, and a global opportunities report which shows arbitrage opportunities for individual products.
Glowlit Pro+ users receive a dedicated solution with even greater granularity and is designed specific to their business. Glowlit Pro+ users have access to price comparison reports for all available products across multiple regions and countries of the world, as well as the global opportunities report which shows arbitrage opportunities for individual products. Pro+ users receive a deeper level of price analysis and customizable notification on products of interest.
Please contact us at guy@glowlit.com to learn more about our Glowlit Pro and Glowlit Pro+ solutions