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.
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. The idea of starting an ecommerce business as a Shopify store owner with the… 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
Getting your pricing strategy right is one of the most important parts of selling online, where prices are changing constantly and really dynamic. In order to not being behind the competition and having a healthier… Continue Reading
Finding the optimum prices for your products is not a straight-forward and easy process. You need to have a really good mechanism that takes into calculation your costs, your target profit margin, the competition, demand… Continue Reading
Every single day, the competition for your ecommerce store increases. More and more online shops pop up selling similar or the same products. Competitor monitoring tactics will enhance your understanding of their strengths & weaknesses,… Continue Reading
Most companies have a lot of room for improvement when it comes to their pricing strategy. Sure, they all want to keep their costumers happy and maximize profits, but their pricing more often than not… Continue Reading
Loss-leader pricing is an aggressive pricing strategy aimed to lure customers away from competitors into one's own store. Once the customer steps in the store, the expectation is to negate the loss with the sale… Continue Reading
