Image

Prisync | Blog

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

Tips For Profitable Pricing in Ecommerce | Professionals Replied - blog post - people discussing about ecommerce pricing
July 9, 2024

Tips For Profitable Pricing in Ecommerce | Professionals Replied

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

how to automate competitor price tracking blog post featured image
June 27, 2024

Competitor Price Tracking: How to Automate It [in 3 easy steps]

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

pricing new vs existing customers blog post featured image
June 24, 2024

New vs. Existing Customers: Should You Price Differently?

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

Differential Pricing
June 12, 2024

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

by
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

by
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

by
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

by
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

by
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