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Prisync | Blog

Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.

Price Index
December 12, 2023

Price Index: Definition, Calculation, and Function

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

by Prisync
Cost-Plus pricing blog cover
November 28, 2023

Cost-Plus Pricing: Definition & How-to Guide

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

by Prisync
price drop alerts blog post featured image
November 21, 2023

Price Drop Alerts | A Technology for Modern Day Discount Shopping

Every single year, business owners spend billions of dollars trying to entice people to visit their website and make a purchase.  For some website owners, any traffic is good traffic. However, for those running online… Continue Reading

by Prisync
price intelligence blog post featured image
November 15, 2023

Price Intelligence | Why You Need it in Ecommerce

70% of US shoppers, in a recent survey, stated that competitive prices are the most important factor influencing their buying decisions. Prices change at an unprecedented pace as a result of stiff competition and a… Continue Reading

by Prisync
Dynamic Pricing & AI
November 14, 2023

Dynamic Pricing & AI: The Future of Ecommerce

Every ecommerce business owner will be looking for real tangible ways to increase their business's success. They might consider changing their store layout or hiring a copywriter to write compelling product descriptions. But one often… Continue Reading

by Jordie Black
Shopify Dropshipping Pricing Guide
October 31, 2023

Shopify Dropshipping Pricing Guide [A Systematic Approach]

Shopify dropshipping has been a hot topic amongst many would-be entrepreneurs and established business owners for a number of years now. The idea of starting an ecommerce business as a Shopify store owner with the… Continue Reading

by Kaan-Toygar
Maximizing Holiday Sales with Price Intelligence
October 26, 2023

Maximizing Holiday Sales with Price Intelligence: A Guide to Boosting Your Profits

The holiday season is the most profitable time of year for online sellers... It's a time when sales soar, and customers eagerly search for the perfect gift. But with great opportunity comes fierce competition and… Continue Reading

by Melike Ulaman
pricing tactics for holiday season 2023
October 18, 2023

Pricing Tactics: For the Upcoming Holiday Season in 2023

Last year, consumers were facing a disparate obstacle: Inflation. The fact that prices are likely to rise further encourages consumers to shop earlier to make the most of discounts and deals on holiday gifts! For many customers,… Continue Reading

by Prisync
Repricing
October 10, 2023

What is Repricing [+ Reviewing 6 Common Repricing Scenarios]

Getting your pricing strategy right is one of the most important parts of selling online, where prices are changing constantly and really dynamic. In order to not being behind the competition and having a healthier… Continue Reading

by Mert Gençler
cost based pricing featured image
September 27, 2023

Cost-Based Pricing: How to Implement It With Pricing Software

Finding the optimum prices for your products is not a straightforward and easy process. You need to have a really good mechanism that takes into calculation your costs, your target profit margin, the competition, demand… Continue Reading

by Kadir Surer