Wiser

JULY 14, 2020

We tend to think of pricing as its own distinct practice. You develop a product, produce it, promote it, and sell it. In reality, a pricing strategy needs to be baked into the entire process. If that’s the case, does the pricing reflect the value? If that’s the case, does the pricing reflect the value?

Bundled Pricing 128

Bundled Pricing Markdowns Consumer Marketing 128

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. Pricing determines your long-term profitability. Low prices leave little room for promotions or end-of-lifecycle markdowns. Bundle pricing.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

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

V Count

OCTOBER 5, 2022

Previously, customers used to shop for particular products at a variety of specialized stores. The ratio between a product’s cost base and its selling price is known as the profit margin. Additionally, to evaluate the overall health of the retail store, however, one looks at the net profit margin. Value pricing.

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