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10 Leading Strategies for Pricing New Products (2021)

Retalon

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. No two markets are alike. Price skimming.

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Opinion: How Experiments Influence Customer Decisions in a Digital-First World

Retail TouchPoints

As customers interact with businesses in a real-time, always evolving competitive environment, they have to implement decisions with adaptive precision and run algorithmic experimentation at granular scale. This is famously called psychological pricing or charm pricing. market basket analysis.