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 have an inclination to remain the same or resist to changing fast despite… 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
From international holidays to awareness days, there are various themes in a year. Whether you are a brick-and-mortar or ecommerce retailer, it’s worth celebrating and creating marketing campaigns around special days. That's why you need… Continue Reading
Ecommerce has become the first choice for many shoppers. Even though they don't buy products online, the first thing they do is Google it! 81% of consumers go online before heading out to the store.… 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
The Price Index is the metric that shows your price positioning in the market. We'll talk about how observing the price index helps in improving sales, controlling the positioning of your brand, and finding loopholes… Continue Reading
Data visualization is a brilliant method of data representation. It helps you interpret customers, so it provides valuable insights to improve your sales strategy and your customer relationships, enrich shoppers' buying experience, and feed their… Continue Reading
As an online retailer, there are several pricing strategies you can adopt or combine. Cost-plus pricing is the easiest-to-apply strategy that can save you all the time on earth. But is it effective? By the… Continue Reading