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10 Leading Strategies for Pricing New Products (2021)

Retalon

MARCH 9, 2021

Balancing the tradeoffs and identifying the best pricing strategy or combination of pricing strategies has always required deep retail management expertise. But in today’s dynamic and data-rich retail environment, leading retailers are leveraging the power of AI to deliver more powerful insights into pricing strategies.

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

Retail TouchPoints

OCTOBER 15, 2021

This is famously called psychological pricing or charm pricing. Retailers also use bundle pricing strategies, wherein organizations sell a set of goods with lower prices than they would have charged if the customer bought all of them independently. market basket analysis.

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