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Prisync | Blog

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

50 E-Commerce Statistics Marketers Need to Know
June 28, 2019

E-Commerce Statistics: 50 Stats Marketers Shouldn’t Miss

In today’s world of e-commerce, processes and trends are constantly changing. Keeping afloat with the latest and best ideas is the only way to get ahead. Attitude and expectations of e-commerce develop and advance and… Continue Reading

Profitable Magento Store How Much Does It Really Cost?
June 26, 2019

Magento Pricing Strategy: How to Build A Profitable Magento Store

As a platform, Magento is powerful. Sites like Graze and Kurt Geiger use Magento to power their online shops but for someone new to e-commerce, with a much smaller customer-base than these huge e-commerce stores,… Continue Reading

Shopify Pricing Strategy How to Stay Profitable
June 21, 2019

Shopify Pricing Strategy: How to Be Profitable

ICON_PLACEHOLDEREstimated reading time: 8 minutes Table of contentsKnow your outgoingsInventoryShipping, returns and refunds.Marketing and designSet the right margins for a profitable Shopify pricing strategyIncrease pricing with branding activities to drive traffic to your storeIncrease average… Continue Reading

Magento Tiered Pricing Benefits + Implementation Plan
June 18, 2019

Magento Tiered Pricing: Benefits and Implementation

When running your e-commerce store on Magento, you’ll often think about different ways you can price your products to get the most bang from your buck (literally). But one often overlooked pricing strategy is a… Continue Reading

Psychological Pricing Strategies to Boost Sales and Revenue
June 14, 2019

Psychological Pricing Strategies to Boost Sales and Revenue

ICON_PLACEHOLDEREstimated reading time: 6 minutes Table of contentsPsychological Pricing – What is it?5 Psychological Pricing Strategies for Ecommerce or Dropshipping Business#1: The Charm of ‘9’#2: The Right Way to Display the Price Online#3: Showcase Good… Continue Reading

Basket Based Pricing: Is it Right for Your Business?
June 11, 2019

Basket Based Pricing: A Better Way to Upsell

ICON_PLACEHOLDEREstimated reading time: 4 minutes Table of contentsWhat is basket-based pricingAmazon’s basket-based pricing strategyMyProtein’s basket-based pricing strategyAdvantagesDisadvantagesHow to implement itFinal thoughts Returning customers account for 40% of the US revenue. Their numbers are small, but… Continue Reading

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Shopify Social Selling Using Social Media to Drive More Sales
May 28, 2019

Shopify Social Selling: Use Social Media to Drive Sales

ICON_PLACEHOLDEREstimated reading time: 7 minutes Table of contentsShopify social appsInfluencer marketing Untapped audiencesSell a story, not a productShopify Social Selling Final thoughts There are a whole host of ways you can generate sales for your… Continue Reading

Magento Subscription: Winning the Way with Repetitive Sale
May 23, 2019

Magento Subscription Service: Get Started with This Guide

It goes without saying a customer who buys from you month on month is worth more (monetary) than a customer who just buys from you once. With a Magento subscription e-commerce strategy, you can ensure… Continue Reading

Shopify Subscription Service Everything You Need to Know
May 22, 2019

What Adding a Shopify Subscription Service Can Bring to Your Store

Estimated reading time: 6 minutes Table of contents Benefits of a subscription serviceShopify apps for your subscription storeExamples of great subscription sitesCoffeePetsAmazonFinal thoughtsFrequently asked questions Imagine a world where you only have to sell your… Continue Reading

Price escalation: What Manufacturers and Retailers Need to Know
May 21, 2019

Price Escalation: Notes for Manufacturers & Retailers

Table of contents What is price escalationPrice escalation through contractsWhat causes price escalationHow to overcome price escalationFinal thoughts When an e-commerce business expands, business owners naturally have more things to consider and one of those… Continue Reading