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How to Price for Long-Term Growth and Profit

Wiser

What is a Pricing Strategy? A pricing strategy is a model that determines the best way to align the prices of a company’s products or services with its business goals, product attributes, and consumer demands. Competitor pricing. Common Pricing Strategies. Cost-Based Pricing. Bundle Pricing.

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10 Leading Strategies for Pricing New Products (2021)

Retalon

The retailer will make more money on less price-sensitive customers early in the product lifecycle before selling to less profitable customers later on. Price skimming can work with consumer technologies that have unique features or demand from early adopters. Bundle pricing. Optional product pricing.

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Pricing Strategies Explained: Which One is Right for You?

Wiser

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 will largely determine the products’ starting price regardless of things like product costs or consumer demand. For example, a product that is priced at $29.95