Competition-Based Pricing
What is competitive pricing strategy? The core principle of the competition-driven pricing is to det...
Pricing Methods (3)
Market-based Pricing: Retailer’s Key to Survive the Crisis
What is market-based pricing? Market-based pricing is an approach used by retailers to price product...
Price Perception and Price Positioning: Give Customers What They Want
What is price perception? Price perception marks the way shoppers perceive the price level during ei...
Demand-Based Pricing: A-Z Implementation Guide
What is demand-based pricing? Demand-based pricing is one of the most sustainable approaches to driv...
Price Testing: Retailer’s Blueprint to Find the Best Price
The Market Track study reveals that nearly 80% of customers compare the prices using their smartphon...
For What It’s Worth: Value-Based Pricing in Retail
Shortly before their closure, Toys R Us slashed nearly all their prices by 10-30% in a desperate att...
Dynamic Pricing Algorithms in Retail: The Power of Machine Learning
What is a dynamic pricing algorithm? A dynamic pricing algorithm is a code-driven technology that ad...
Bundle Pricing Strategy: Retailers' Secret Weapon to Boost Sales
What Is Bundle Pricing? Bundle pricing is a strategy where retailers sell a bundle of products for a...
Price Points to Maximize Revenue: 7 Well-Tried Ways to Use
What is a price point? Price points mark the correlation between the demand and supply curves.
Why Promotional Pricing Strategy is not Your Key to Success
Promotional pricing definition Promotional pricing is a pricing strategy in which a product or servi...
Price Optimization Models | Business Power-up for Retailers
What Is Price Optimization Model? Price Optimization Models are complex algorithms designed to evalu...
Pricing Rules to Unlock the Right Prices for Every Product
A pricing rule is used by the business to adjust and set up prices based on a range of determinants,...
