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Product Bundling: What It Is and How to Bundle like a Pro

Wiser

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.

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How to Price for Long-Term Growth and Profit

Wiser

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? What is a Pricing Strategy?

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10 Leading Strategies for Pricing New Products (2021)

Retalon

Ten new product pricing strategies that work. At the same time, defining your new product pricing strategy is exciting for a very different reason. High prices generate higher per-unit margins but may constrain top-line revenue. New product pricing strategies should be tailored to your unique business.

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CPGs launch exclusive brands and bundle pricing targeting cash-strapped consumers

Retail Wire

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.

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Pricing Strategies Explained: Which One is Right for You?

Wiser

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. This is called a price war and can affect your business negatively. Penetration Pricing.

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5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

And since most markdowns are not planned for in advance (or at least accounted for in the pre-season planning stages), they frequently drain profits considerably more than they have to. But how do you plan pricing for the thousands of SKUs in your assortment? Markdowns are caused by excess inventory at the end of a selling season.