Prisync | Blog
Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.
Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.
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
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
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
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
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
As an online retailer, there are several pricing strategies you can adopt or combine. Cost-plus pricing is the most easy-to-apply strategy that can save you all the time on earth. But is it effective? By… Continue Reading
Every ecommerce business owner will be looking for real tangible ways to increase their business's success. They might consider changing their store layout or hiring a copywriter to write compelling product descriptions. But one often… Continue Reading
Since the beginning of selling, retailers have tried various psychological pricing strategies and tactics to influence shopper behavior. Some of them were thought to have a significant impact on consumer behavior, and some of them… Continue Reading
Shopify dropshipping has been a hot topic amongst many would be entrepreneurs and established business owners for a number of years now, with the idea of starting an ecommerce business being a likely to attractive… Continue Reading
Last year, consumers were facing a disparate obstacle: Inflation. The fact that prices are likely to rise further encourages consumers to shop earlier to make the most of discounts and deals on holiday gifts! For many customers,… Continue Reading
