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