Price watch refers to the act of closely monitoring and tracking the fluctuations of prices for a particular product or service. This can be done through various means such as regularly checking online or in-store prices, comparing prices between different retailers, or utilizing price tracking tools. The purpose of price watch is to stay informed about the current market value of a product or service in order to make informed purchasing decisions and potentially save money. It can also be used as a strategy for businesses to stay competitive and adjust their prices accordingly. Price watch is a valuable tool for consumers and businesses alike, allowing for a more transparent and efficient market.