Retail Focus

MARCH 30, 2023

While all retail stores use similar marketing techniques , high-end retail stores have to use that blueprint and turn it on its head. Look Into Multi-channel Marketing A multi-channel approach also focuses on the customer experience, but for the opposite reason. For example, consider bundling, price breaks, and discounts.

Bundled Pricing 130

Bundled Pricing Promotions Customer Experience Fashion 130

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. You can’t create a product without understanding where it fits into the market. Cost-Based Pricing. Bundle Pricing.

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Bundled Pricing Markdowns Consumer Marketing 128

Retalon

MARCH 9, 2021

Ten new product pricing strategies that work. Introducing new products creates an exciting opportunity to attract new customers and reinforce your presence in the market. At the same time, defining your new product pricing strategy is exciting for a very different reason. Pricing determines your long-term profitability.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

Wiser

NOVEMBER 12, 2019

As stated above, consumers love saving money and getting more bang for their buck, so bundling is an excellent incentive to buy more—thus driving up sales for the retailer. It’s also a good strategy to improve customer loyalty, as bundles can be viewed as perks or rewards. What About Product Bundling Pricing?

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Bundled Pricing Checkout Consumer Point of Sale 98

V Count

OCTOBER 5, 2022

You may want to sell more of these items or promote them more prominently in your store. Be smart on your pricing strategy. Is there room to increase prices without pricing yourself out of the market? Of course, increasing your prices is one of the most obvious ways to boost earnings. Competitive pricing.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

APRIL 14, 2021

And cutting prices is the only way to clear this leftover inventory at the end of a season or of a product’s lifecycle. Although markdowns can have a similar sales uplift to a promotion, the purpose and approach of these two pricing events are very different. Use alternative pricing strategies in your markdowns.

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Markdowns Dead-Stock Promotions Bundled Pricing 41