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Prisync | Blog

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

March 5, 2024

Target Rate of Return Pricing: A Strategy Used by Experts

Target return pricing is a pricing strategy used by many ecommerce experts. It helps them set the price of a product based on the expected rate of return of their business. It sounds more complicated… Continue Reading

everyday low pricing strategy blog cover
February 13, 2024

Everyday Low Pricing Strategy: Pros & Cons | 4 Brands That Nailed It

Everyday low pricing strategy is a price management method or tactic that enables companies, brands, and retailers to offer their customers consistently low-priced products. Instead of offering discounts, coupons, and promotions, companies focus on providing… Continue Reading

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basket based pricing blog cover
February 6, 2024

Basket Based Pricing: A Better Way to Upsell

Returning customers account for 40% of the US revenue. Their numbers are small, but they are more profitable than one-time shoppers. Top-performing marketers work hard to keep customers loyal to their stores, and a basket… Continue Reading

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Psychological Pricing Strategies to Boost Sales and Revenue blog cover
January 24, 2024

Psychological Pricing Strategies to Boost Sales and Revenue

Do you know that 87% of online buyers consider price as the most important factor affecting their purchase decision? In this scenario, you cannot go wrong with your pricing strategy. If you price your products… Continue Reading

Shopify Pricing Strategy-How to Be Profitable blog cover
January 23, 2024

Shopify Pricing Strategy: How to Be Profitable

Running a Shopify store sounds like a good idea for many, but keeping that store profitable is something many newly found (and even seasoned) ecommerce owners struggle with. You see without a proper profitable Shopify… Continue Reading

sticky prices blog cover
January 11, 2024

Sticky Prices: Opposite of What Ecommerce Demands

The laws of supply and demand play a big role in determining the price of a product or service. But sticky prices resist to the shifts in supply and demand. Since ecommerce is a dynamic… Continue Reading

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profitable price determination blog cover
January 9, 2024

Profitable Price Determination: How To Set in Brand New Online Store

Are you planning to start an online store? If so, you must be thinking about price determination. There are different pricing approaches. They depend on various aspects of your business, like consumer behavior, product types… Continue Reading

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January 4, 2024

Improve Your Pricing Strategy to Boost Performance on Google Shopping

Are you still wondering whether the price of a product or service really matters? Well, let us tell you this - it definitely does! But don't worry, it’s never too late. Let’s start. Price perception… Continue Reading

Price analysis
December 19, 2023

Price Analysis: Doing It Properly for Ecommerce

Online shoppers' awareness is far more advanced compared to consumers of the brick and mortar era. They know where to find the best price matched with the best value, and they utilize the technological tools… Continue Reading

Smart Pricing
December 13, 2023

Smart Pricing: Competing Without Racing To The Bottom

Imagine a world where you were always able to command competitive prices for your products and still make a profit. That world is well within your reach if you start implementing smart pricing tactics. They… Continue Reading

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