We hope you already recognized the importance of automatized processes and that you utilize their benefits as much as possible. When it comes to managing online reputation and maintaining brand image, the software can help as well. As the digital space is huge, manual brand reputation...
Walmart and Target - two major players in the retail industry, each with a substantial market share and a large customer base. Here, we will try to unriddle does Target match Walmart's prices and its pricing tactics. Retail market competitiveness plays a significant role in shaping...
Setting the right price for your product or service is a hard-working process, and besides all, it is a continuous process if business goals are high. Price elasticity can provide insights necessary to set the best price for your products and services in accordance with the...
There was, probably, a moment in your life when you saw that amazing product announcement but the price was too high, so you said to yourself “ok, I will wait for a few months for the price to drop and then buy it”. On the...
The key to success in the eCommerce business is the right price. Prices are going up and down constantly, and how it’s set will determine your position on the market. The right price is the one that drives the most customers and ensures your profitability...
The customer-focused business model has evolved alongside societal and technological changes, and it continues to grow as businesses adapt to changing customer expectations and behaviors. Today, customer-centricity is considered a fundamental aspect of successful business strategies across industries. The customer-focused business model has evolved over time,...
Price comparison is a tried and true way to stay ahead of your competitors. Not only will you never fall behind, but you'll be able to gain an edge over your competition and anticipate key moments – price drops, price increases, promotions, and discounts. Before we...
As price is the element earning for you, you should wisely determine it. The eCommerce world is continuously and rapidly changing, as well as product and service pricing online, on a daily basis, aiming to acquire customers searching to purchase certain products or services at...
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...
There is no doubt that price is the most important factor for consumers when paying for a product or service. It’s no surprise that 60% of internet users in the U.S. agree that price is more important than brand when buying a product. So, the...