Product Pricing How to Use the Price Quality Matrix to Optimize Your Product PricingAgile product pricing strategies is one of the biggest questions retailers face for a reason. The relationship between an item’s price and its quality — and perceived value to consumers — is…
Pricing Strategy 10 Tested eCommerce Pricing Strategies for Long Term ProfitabilityThe eCommerce landscape is growing tremendously in the post-pandemic economy. Infact, in 2021 the number of online stores exceeded 24 million globally with thousands of new stores being set up…
Competitive pricing Level up Your Retail Strategy with Intelligence NodeConducting global market research has become crucial to good business practice. By tracking your competitors worldwide, you are getting a complete picture of current market trends and can thus tap…
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…
Price Intelligence Too Cheap, Too Expensive – It’s All About Beating The Competition To ItAs every business is unique, there are variances in pricing the products and services in every company. Not all of them incorporate strategies that aim to sell the highest possible…
Pricing Strategy How Often Should You Adjust Your Pricing?Every business that seeks to achieve maximum levels of profitability needs to think carefully about its pricing. Specifically, it needs to think about how often to change its prices. Once…
Pricing Strategy Your Competitors Already Know This About Your Pricing StrategyKeeping an eye on what your competition is doing is a great way for growing your business. Identifying who they are and what they are offering can prove invaluable to…