Prisync | Blog
Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.
Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.
E-commerce stores try to capture their target customers' attention by applying and testing various pricing strategies. But finding good prices might become a long and overwhelming process from time to time. The question is, what… Continue Reading
Dynamic pricing sounds complicated. It’s not, though. It’s just a matter of time that most online sellers use dynamic pricing regularly, because it’s simply more profitable than any other ecommerce pricing strategy. We’ll talk about… Continue Reading
Product pricing changes are a process that can look risky and scary for many business owners because you can never say for sure how your customers might react to the new price - and how… Continue Reading
Have you ever noticed that some stores mark the price of their goods with a “$” sign, while others don’t? They do this on purpose. The decision to include that little symbol or not makes… Continue Reading
ICON_PLACEHOLDEREstimated reading time: 4 minutes Did you know that you can experiment with pricing? This is one of the best practices that shouldn't be avoided if you have a goal to grow your online business.… Continue Reading
ICON_PLACEHOLDEREstimated reading time: 7 minutes Inflation is a big concern for everyone from individuals, companies, retailers, to politicians. This affects you as an individual and also your business life. To deal with that effectively as… Continue Reading
Most of our clients ask us, what's the most effective and up-to-date pricing strategy for ecommerce businesses? Unfortunately, there is no straightforward answer to this question. We tell them each business has different needs and… Continue Reading
In the past decades, if a consumer needed a particular product, then they would be forced to drive all over town, searching different stores in order to find what they were after. Due to this… Continue Reading
ICON_PLACEHOLDEREstimated reading time: 8 minutes Table of contentsWhat is an introductory price?When it comes to penetration pricing, what exactly is the difference between the two?Introductory pricing in practice Pros and cons of introductory pricingSo, how can… Continue Reading
ICON_PLACEHOLDEREstimated reading time: 9 minutes Table of contentsWhat is Promotional Pricing?What is the difference between Promotional Pricing and Penetration Pricing?What are the Advantages of Promotional Pricing?Creates a sense of urgency within your Target AudienceAn effective… Continue Reading
