Retalon

MARCH 9, 2021

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. Pricing determines your long-term profitability.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

Wiser

NOVEMBER 12, 2019

The items paired together could be captive products , like razors and razor blades, complimentary, like a deal on kitchen appliances, or accessories, like smartwatches and replacement watch bands. It’s also a good strategy to improve customer loyalty, as bundles can be viewed as perks or rewards. A McDonald’s Happy Meal.

Bundled Pricing 98

Bundled Pricing Checkout Consumer Point of Sale 98

Retalon

APRIL 14, 2021

And cutting prices is the only way to clear this leftover inventory at the end of a season or of a product’s lifecycle. Although markdowns can have a similar sales uplift to a promotion, the purpose and approach of these two pricing events are very different. Use alternative pricing strategies in your markdowns.

Markdowns 41

Markdowns Dead-Stock Promotions Bundled Pricing 41