Prisync | Blog

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

Amazon Price Match
June 6, 2024

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

Price Matching: Pros & Cons [And Why Giants Love It So Much] - two hands holding price tag and there is a star icon under them with 2.5 stars.
June 4, 2024

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

Consumers are always price sensitive when buying products or services. Price is the ultimate factor for consumers when choosing a vendor or retailer. A price management strategy can increase productivity, generate higher investment returns (ROIs),… Continue Reading

Net price vs List price
May 30, 2024

Net Price vs List Price | 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

dynamic pricing
May 28, 2024

How to Use Dynamic Pricing Strategy to Stay Ahead of Competitors

Dynamic pricing sounds complicated. It’s not, though. It’s just a matter of time before most online sellers use dynamic pricing regularly because it’s simply more profitable than any other ecommerce pricing strategy. We’ll talk about… Continue Reading

comparison shopping engines
May 22, 2024

Comparison Shopping Engines: How Important Are They?

Today’s consumers have so many options to choose from, and they can easily locate the best price via comparison shopping engines (CSEs). As a shopper, you’re probably familiar with the CSEs yourself. For the ones… Continue Reading

pros and cons of competitive pricing
May 21, 2024

Competitive Pricing: Definition, Advantages & Disadvantages

Can't you just price your products based on costs and target profit margins? What's the worst thing that could happen if you ignored competitor prices? You'd have few people visiting your store and even fewer… Continue Reading

The Ultimate Guide to Ecommerce Pricing
May 15, 2024

Pricing Strategies: The Ultimate Guide to Ecommerce Pricing

Remember the last time you visited your favorite shop? Let's relive those moments together and see how you can relate to ecommerce pricing strategies. Table of contents Cost-based pricing Market-based pricing Dynamic pricing Consumer-based pricing… Continue Reading

price point blog cover
May 14, 2024

Price Point: Is It Different Than Price?

When you're reading business blogs to find the strategies that best fit your business, you often come across a term—price point. You wonder, what's the difference between price point and price? It's a fundamental knowledge… Continue Reading

price increase
May 2, 2024

Guide to Seamless Price Increase | How Not to Alienate Customers

One of the hardest tasks of an online retailer is increasing prices. Unless it's absolutely necessary, many retailers avoid price increases in fear of losing their competitive strength. And they are right to do so.… Continue Reading

April 30, 2024

Revenue Management: Definition and Dynamic Pricing

In the world of ecommerce, you’re bound to come across terms that might initially be unfamiliar to you. You could potentially misunderstand or even misuse these terms. Doing so can be detrimental to the running… Continue Reading