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For brands in sectors such as apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and Department Stores, finding the right retailpricing strategies is crucial to survival and profitability. Combined with 2025 inflation trends, where consumer prices are expected to rise another 3.2% Today’s economy is fluid.
We tend to think of pricing as its own distinct practice. You develop a product, produce it, promote it, and sell it. In reality, a pricing strategy needs to be baked into the entire process. You can’t create a product without understanding where it fits into the market. Cost-Based Pricing. BundlePricing.
Ten new product pricing strategies that work. Introducing new products creates an exciting opportunity to attract new customers and reinforce your presence in the market. At the same time, defining your new product pricing strategy is exciting for a very different reason. Why is new product pricing so challenging?
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