Pricing Strategy Posted on Aug 8, 2019 5 of the Best Penetration Pricing Examples In a market heavily driven by consumer trust and brand loyalty, many consumers are reluctant to switch brands or try new products. The barriers to entry in a retail market…
Pricing Strategy Posted on Jun 10, 2019 How To Marie Kondo Your Retail Pricing Through “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 Posted on Dec 3, 2018 How to set fashion prices that fit As 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 Posted on Aug 1, 2018 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 Posted on Jun 19, 2017 Track Competitor Pricing in Real Time Using Intelligence Node Competition 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 Posted on Jun 6, 2017 How Incompetitor Can Save You Time Spent On Manually Tracking Competitor Products Introduction 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 Posted on May 31, 2017 3 Ways a Price Optimization Platform Enables Accurate Pricing Strategy Price 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 Posted on May 24, 2017 Manually Tracking Competitor Pricing Vs Automated Solutions In 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…