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Prisync | Blog

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

unilateral-pricing-policy
July 27, 2021

What is Unilateral Pricing Policy and How it Differs From MAP

Although many companies, including retailers, consider price management an easy task, pricing strategies are complex because they involve various stages, from production costs, product price setting, and consumer attitudes. Choosing a pricing policy depends on… Continue Reading

Net Price
July 22, 2021

Net Price and List Price: What is the Difference between Two Concepts?

The first thing any business owner or a merchant learns entering the market is that price is never just one particular number. Price is actually such a multileveled matter that, in many ways, sound price… Continue Reading

July 20, 2021

What Is Differential Pricing and How to Use It

An effective price tracking strategy offers a wide range of benefits to your business, strengthening your company’s position, streamline your product offering, and maximizing profits. Differential pricing is an integral component of dynamic pricing, allowing… Continue Reading

July 13, 2021

Marketing Mix: Why Is Pricing the Most Important Pillar

Nowadays, factors like price matching have become incredibly important. This is because the price is now the most important 'P' in the marketing mix. We discuss how retailers can use pricing data to improve their… Continue Reading

July 8, 2021

How to Conduct Competitive Pricing Analysis and Why You Must

While the most prevalent priority you might keep is likely your own business and its individual success, competitive pricing analysis and keeping tabs on your competitors can be the difference of success in your business.… Continue Reading

July 1, 2021

Meet the AutoMates | Automation Will Bring You Success in Ecommerce

Do you know what's one thing that brought many companies success? The power of automation. When you think of automation, time and cost savings come to mind immediately. But it's so much more than that.… Continue Reading

June 29, 2021

Pricing Optimization Is What’s Missing In Your Marketing Strategy

Most companies have a lot of room for improvement when it comes to their pricing strategy. Sure, they all want to keep their costumers happy and maximize profits, but their pricing more often than not… Continue Reading

June 24, 2021

What Competitors Price History Can Tell You and How to Use It?

Careful price management is a crucial development and marketing factor when you come up with a new product. Once your offer already has analogs on the market, competitors' price history can give you all the… Continue Reading

June 22, 2021

Price Drop Alerts | A Technology for Modern Day Discount Shopping

Every single year business owners spend billions of dollars trying to entice people to visit their website and make a purchase.  For some website owners, any traffic is good traffic, however, for those running online… Continue Reading

June 17, 2021

Dynamic Pricing Algorithms in 2021 | State of Repricing Technologies

Price management is a significant problem faced by many companies, including retailers, because errors in price tracking can lead to improper results, leading to lost profits. Traditional price management techniques are prone to errors, preventing… Continue Reading