Author: Milos Novkovic

2 September 2021 - 13:53, by , in Best practices in price monitoring, Comments off
Reading Time: 9 minutes

Channel-based pricing means differentiating your pricing strategies between channels on which you sell your products. However, it doesn’t necessarily have to mean one strategy for one channel. You can, for example, employ only two different strategies on 4 channels of sale. This decision depends on numerous factors and we’ll cover the most important ones in...
Reading Time: 5 minutes

You may have noticed a business opportunity and decided to open a brick-and-mortar store, an eCommerce platform, or both.  Now, you are probably concerned with how to set up your prices, but you don’t have enough resources (whether it be time, money, or something else) as of now to go in-depth regarding this matter. A...
Reading Time: 7 minutes

As a retailer, you may often find yourself deciding between different retail pricing strategies.  Is it the right time to discount some prices? Or, should you perhaps bundle multiple products together? Maybe even stick to the good old doubling of the purchase price? If you’re dealing with these questions you’re in luck. In this article,...
Reading Time: 4 minutes

In the mind of the consumer there’s always a question – am I going to get enough value out of this product/service if I pay X amount of money for it. Alternatively, consumers can often be presented with the price of a product and think to themselves – if only it was just a bit...

About Price2Spy Blog

This blog is a place for eCommerce professionals to discuss ideas, methodologies and strategies to compete more effectively in the ever more tightening world of online retail. We explore things like competitive price monitoring, competitor business intelligence, competitive pricing, and counter-intelligence in general.