Prisync | Blog
Attract and retain customers with actionable pricing strategies in the e-commerce arena and increase your competitive edge.
Attract and retain customers with actionable pricing strategies in the e-commerce arena and increase your competitive edge.
In baseball and in business, there are three types of people. Those who make it happen, those who watch it happen and those who wonder what happened.Tommy Lasorda You’re probably wondering - what does this… Continue Reading
E-commerce is a big market, with Amazon dominating about 50% of all e-commerce trade toward the end of 2019, it can seem overwhelming trying to break the market when opening a new store. However, don’t… Continue Reading
D2C brands are definitely the cool kid on the block but how can they grow sustainably and overtake competitors and incumbents? Surely by maintaining a high customer retention rate. No brand can hope to survive… Continue Reading
70% of US shoppers on a recent survey stated that competitive prices are the most important factor influencing their buying decisions. Prices change at an unprecedented pace as a result of stiff competition and a… Continue Reading
You have a new product. You're looking for new ways to attract customers, make sales, and establish your brand. There are many ways creating an eBook can help. You may want to write a book… Continue Reading
Willingness to pay (WTP) is the maximum price a consumer is willing to pay in exchange for a product/service. We use this metric to price our products in line with customer expectations and increase the… Continue Reading
Table of contents Basket-based pricingCaptive productChannel-specific pricingCommoditizationComparison shopping enginesCompetitive intelligenceCompetitive marketCompetitive pricing / market-oriented pricingCost-plus pricing / cost-based pricing / cost-oriented pricingDecoy effectDropshippingDumpingDynamic pricingEconomy pricingEveryday low priceFlat rate pricingFreemium pricingHybrid pricingLanded costList price / manufacturer’s… Continue Reading
Price is the amount of money given in return for a product or service. In some cases, it refers to the amount requested by a seller in exchange for the product/service she/he offers. Selling price… Continue Reading
Picture the ordinary Soul Kitchen cafe on the corner of the street that offers a free croissant with raspberry jam with the purchase of cappuccino during early morning hours. One day, local resident George Mint… Continue Reading
The success of an e-commerce store is usually connected to the number of new customers it can generate and how well it can manage to retain them. However, getting more sales isn’t always as easy… Continue Reading
