Keeping Track of Competitors and their Prices

I run a small distribution business where I import products from various vendors. Part of my niche is focusing on products that other distributors (my competitors) in my region don’t sell. To help me decide what to purchase, it’d be nice to look at all my available products from vendors and quickly see if any of my competitors sell them, and if so, for how much.

Basically, I’d like to have something under product similar to ‘Buying Prices’, except, instead of listing my vendors and their price, I’d like to list my competitors that sell that product and their prices.

This will help me either not purchase the product from my vendor if my competitors already sell it, or if price it at a similar price point as my competitors.

I am a software developer, so I am willing to put in the time to develop a module if it doesn’t already exist.

TIA!

You can use a custom field for this with the “select from list” option.