Pricing Strategy How To Marie Kondo Your Retail PricingThrough “The Life-Changing Magic of Tidying Up,” Marie Kondo has transformed countless lives, both materialistically and psychologically. If only she could transfer that same power over to the eCommerce scene….
Pricing Strategy How to set fashion prices that fitAs fashion gets faster and more global, it’s also getting more complex and competitive. Many apparel retailers and brands struggle with decisions about which numbers to put on their price…
Pricing Strategy Deep Discounts or Everyday Low Prices: Which Strategy do Consumers Prefer?If you’re a retailer in the twenty-first century, chances are that you’ve come across the terms ‘deep discounts’ and ‘everyday low prices.’ Convenience stores, e-retailers, and brick and mortar stores…
Pricing Strategy Track Competitor Pricing in Real Time Using Intelligence NodeCompetition is the baseline according to which pricing -if not most retail strategy- is often defined. Recognizing your target customers’ needs and demands and acting on them quicker than your…
Pricing Strategy How Incompetitor Can Save You Time Spent On Manually Tracking Competitor ProductsIntroduction In the world of ecommerce, there is so much going on that it’s hard to keep track of everything. You should be aware of what your competition offers while…
Pricing Strategy 3 Ways a Price Optimization Platform Enables Accurate Pricing StrategyPrice is generally driven by three external factors: the market, demand, and supply. A deep understanding of how these factors impact pricing is critical to developing a pricing strategy that…
Pricing Strategy Manually Tracking Competitor Pricing Vs Automated SolutionsIn 2023, with a huge chunk of retail activity taking place through online platforms, Global eCommerce sales are expected to grow 10.4% in 2023, totaling $6.3 trillion this year. – and…
Pricing Strategy How To Provide Better Pricing Than Your Competition Without Jeopardizing Your BrandRegardless of the industry, a business operates in, even if it’s relatively new or small, a careful research will reveal two or more competitors. Their existence immediately changes the playing…