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.
Pricing strategy is a crucial aspect of any business, regardless of the industry or product. However, many businesses make mistakes when searching for the perfect pricing strategy to increase profits. The competitive nature of ecommerce… Continue Reading
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
Pricing is a very critical point for both online retailers and shoppers. Since the global economy is living in uncertain times, which means the economy is unstable and the money starts to lose its power,… Continue Reading
Most entrepreneurs spend their creative efforts when beginning a business on developing a concept and converting it into a sellable product. However, before you can start selling any product or service, you must determine its… Continue Reading
Price skimming is a type of price discrimination. Consider it a way to target people from different income levels and willingness to pay. Not all products suit this strategy, so read carefully before testing it… Continue Reading
E-commerce stores try to capture their target customers' attention by applying and testing various pricing strategies. But finding good prices might become a long and overwhelming process from time to time. The question is, what… Continue Reading
Dynamic pricing sounds complicated. It’s not, though. It’s just a matter of time that 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
Product pricing changes are a process that can look risky and scary for many business owners because you can never say for sure how your customers might react to the new price - and how… Continue Reading
Have you ever noticed that some stores mark the price of their goods with a “$” sign, while others don’t? They do this on purpose. The decision to include that little symbol or not makes… Continue Reading
ICON_PLACEHOLDEREstimated reading time: 4 minutes Did you know that you can experiment with pricing? This is one of the best practices that shouldn't be avoided if you have a goal to grow your online business.… Continue Reading
