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.
In the past decades, if a consumer needed a particular product, then they would be forced to drive all over town. Searching different stores in order to find what they were after. Due to this… Continue Reading
![Price Matching: Pros & Cons [And Why Giants Love It So Much] - two hands holding price tag and there is a star icon under them with 2.5 stars.](https://prisync.com/wp-content/uploads/2021/08/Price-Matching-Pros-Cons-And-Why-Giants-Love-It-So-Much-blog-size.png)
Consumers are always price sensitive when buying products or services. Price is the ultimate factor for consumers when choosing a vendor or retailer. A price management strategy can increase productivity, generate higher investment returns (ROIs),… Continue Reading
The first thing any business owner or a merchant learns entering the market is that price is never just one particular number. Price is actually such a multileveled matter that, in many ways, sound price… Continue Reading
Dynamic pricing sounds complicated. It’s not, though. It’s just a matter of time before 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
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
Remember the last time you visited your favorite shop? Let's relive those moments together and see how you can relate to ecommerce pricing strategies. Table of contents Cost-based pricing Market-based pricing Dynamic pricing Consumer-based pricing… Continue Reading
When you're reading business blogs to find the strategies that best fit your business, you often come across a term—price point. You wonder, what's the difference between price point and price? It's a fundamental knowledge… Continue Reading
One of the hardest tasks of an online retailer is increasing prices. Unless it's absolutely necessary, many retailers avoid price increases in fear of losing their competitive strength. And they are right to do so.… Continue Reading
In the world of ecommerce, you’re bound to come across terms that might initially be unfamiliar to you. You could potentially misunderstand or even misuse these terms. Doing so can be detrimental to the running… Continue Reading
You already know that you need to pay careful consideration to how you price your products. With hundreds of ecommerce stores being launched every single day, it’s imperative you stay on top and set competitive… Continue Reading