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
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
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
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. Whenever any kind of sales… Continue Reading
Inflation is a big concern for everyone from individuals, companies, retailers, to politicians. This affects you as an individual and also your business life. To deal with that effectively as an online retailer, you need… Continue Reading
Most of our clients ask us, what's the most effective and up-to-date pricing strategy for ecommerce businesses? Unfortunately, there is no straightforward answer to this question. We tell them each business has different needs and… Continue Reading
