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. market basket analysis.

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

Retalon

MARCH 9, 2021

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.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

V Count

OCTOBER 5, 2022

Previously, customers used to shop for particular products at a variety of specialized stores. Being competitive to draw clients while making sure the retail store makes enough money from each sale is how profit margins are managed. The ratio between a product’s cost base and its selling price is known as the profit margin.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

APRIL 14, 2021

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.

Markdowns 41

Markdowns Dead-Stock Promotions Bundled Pricing 41