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Prisync | Blog

Attract and retain customers with actionable pricing strategies in the e-commerce arena and increase your competitive edge.

August 26, 2021

Shopify Dropshipping Pricing Guide [A Systematic Approach]

Shopify Dropshipping has been a hot topic amongst many would be entrepreneurs and established business owners for a number of years now, with the idea of starting an ecommerce business being a likely to attractive… Continue Reading

August 24, 2021

Price Matching: Pros & Cons [And Why Giants Love It So Much]

Consumers are always pricing sensitive when buying products or services. Price is the ultimate factor for consumers when choosing a vendor or retailer. Price management is an essential strategy that increases productivity, generates higher returns… Continue Reading

August 19, 2021

How to Get Rid of Slow-Moving Stock at the end of Season

The economic slowdown is a global reality, and companies must step up their efforts to determine operating efficiencies and decrease their capital requirements. The game is no longer growing at any cost. Today, the cost… Continue Reading

August 17, 2021

Amazon Price Match Explained: The Battle of The Retail Giants

In the past decades, if a consumer needed a particular product, then they would be forced to drive all over town, searching different stores in order to find what they were after. Due to this… Continue Reading

August 11, 2021

6 Tips for Using Video Content on Your E-commerce Site

E-commerce is one of the growing industries over the past few years. Thanks to the ever-growing technology that makes access to the internet easier, people can shop right from the comfort of their home.  If… Continue Reading

August 10, 2021

Give Your Customers Options & Control in These 13 Simple Ways

Chipotle Mexican Grill didn’t reach nearly $6 billion in annual revenue because it’s a fast, casual Mexican restaurant.  When we explore the psychological triggers behind why people buy Chipotle, we see one consistent pattern. Customers… Continue Reading

Introductory Price
August 5, 2021

How to Use Introductory Price to Capture A Large Audience From Early On

What is an introductory price? Pricing strategies used to attract customers to a new product or service by offering a special price and developing a new customer audience for the new entry are known as… Continue Reading

Competitor Mistakes
August 4, 2021

How to Make the Most of Your Competitors’ Slip-ups

Being involved in business can be fulfilling, satisfying, and empowering. Organizing your teams, setting up the organization to succeed, achieving financial targets. These are the things that make it all worth it. However, business can… Continue Reading

August 3, 2021

Promotional Pricing: Definition, Pros & Cons, Brands That Nailed It

What is Promotional Pricing? Promotional pricing is a method of generating customer interest in specific items or services which individuals or businesses provide to the public.  How this is done, is through a promotional price… Continue Reading

Everyday Low Pricing Strategy
July 29, 2021

Everyday Low Pricing Strategy: Pros, Cons | +4 Brands That Nailed It

Everyday low pricing strategy is a price management method or tactic that enables companies, brands, and retailers to offer their customers consistently low-priced products. Instead of offering discounts, coupons, and promotions, companies focus on providing… Continue Reading