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.
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
What is introductory pricing? Introductory pricing strategies are used to attract customers to a new product or service by offering a special price and developing a new customer audience for the new entry. As a… Continue Reading
What is Promotional Pricing? Promotional pricing is a method of generating customer interest in specific items or services that individuals or businesses provide to the public. How this is done is through a promotional price… Continue Reading
Although many companies, including retailers, consider price management an easy task, pricing strategies are complex because they involve various stages, from production costs, product price setting, and consumer attitudes. Choosing a pricing policy depends on… Continue Reading
Price management is a significant problem faced by many companies, including retailers, because errors in price tracking can lead to improper results, leading to lost profits. Traditional price management techniques are prone to errors, preventing… Continue Reading
Pricing is one of the deciding factors that can make or break your customer's commitment to your business. That's why, if you're not evaluating and iterating your pricing often, you're leaving money on the table.… Continue Reading
It's been a tough year. I know many of you are waiting for this holiday season to stir up some demand, as we all struggled to mitigate the impact of the crisis in the first… Continue Reading
As a platform, Magento is powerful. Sites like Graze and Kurt Geiger use Magento to power their online shops but for someone new to e-commerce, with a much smaller customer-base than these huge e-commerce stores,… Continue Reading
