Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.
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
Who buys a product before a quick price comparison online? No one. Urban life compels us to look for convenience and speed. On top of that, we are spending more than our grandparents in city… Continue Reading
Setting the right price for your products is crucial for the success and profitability of any ecommerce business. Experts in various ecommerce fields emphasize the importance of understanding your market, knowing your competition, and leveraging… Continue Reading
When integrated into decision-making, competitive intelligence gives a significant competitive advantage to its possessors. Price intelligence is a great source for gaining a competitive edge. However, for ecommerce owners, the number of players in the… Continue Reading
Are all your customers the same? Obviously not. That's where segmentation comes in. Important differences exist between new vs. existing customers and we're here to determine how to attract each. One-size fits all pricing and… Continue Reading
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
Through your foray into the world of ecommerce, you may have heard of acronyms such as EAN, GTIN, and SKU. But just what do they mean? As a newcomer, it can be confusing to have… Continue Reading
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
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
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