RETAIL MANAGEMENT SOFTWARE

JUNE 25, 2025

Instead, the price is based on perceived customer value. This is crucial in Jewelry and Luxury Specialty Retail, where brand and experience influence pricing more than materials alone. Tiered and Bundle Pricing Encourage larger basket sizes by bundling products or offering volume discounts.

Retailing Pricing 70

Retailing Pricing Sporting Goods Jewelry Specialty Retailers 70

Small Biz Trends

JUNE 21, 2025

One of the most powerful tools at your disposal is psychological pricing. By understanding the nuances of pricing psychology, you can effectively drive sales and enhance customer satisfaction. Imagine browsing an online store and seeing a product priced at $19.99 For instance, pricing a product at $19.99

Bundled Pricing 85

Bundled Pricing Consumer Marketing Target Market 85

Retail Wire

AUGUST 2, 2022

Consumer packaged goods companies are rolling out exclusive brands sold only at the likes of Costco and Walmart. They are also introducing bundle packaging where customers can save more on a per ounce basis than when they purchase single items.

Bundled Pricing 100

Bundled Pricing Consumer ATS 100

Retail TouchPoints

OCTOBER 15, 2021

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. Malay Mohapatra works as a Chief Architect at Algonomy.

Bundled Pricing 147

Bundled Pricing Marketing Returns Advertising 147

Wiser

AUGUST 22, 2022

Competitive Pricing. Competitive pricing is, as it sounds, based on your competition. When a new product enters the market, retailers will take a look at competitors selling the same or similar products and see what their prices are. Penetration Pricing. Price Skimming. Bundle Pricing.

Bundled Pricing 143

Bundled Pricing Marketing Consumer Returns 143

Wiser

JULY 14, 2020

If that’s the case, does the pricing reflect the value? In this article, we’ll look at what pricing strategy actually is, some different pricing models, and how you can think about your pricing strategy to facilitate long-term profitability and growth. What is a Pricing Strategy? Common Pricing Strategies.

Bundled Pricing 128

Bundled Pricing Markdowns Consumer Marketing 128

Wiser

NOVEMBER 12, 2019

Keep reading to learn more about product bundling, what it is, why it works, and how brands and retailers should incorporate bundling into their eCommerce and brick-and-mortar strategies. What is Product Bundling? There are many different types of bundling, including: Razors and replacement blades. Kitchen appliances.

Bundled Pricing 98

Bundled Pricing Checkout Consumer Point of Sale 98