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.
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
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
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
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
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
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
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
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
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
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