Tag: pricing

Reading Time: 5 minutes

Did you know that charging more can increase your sales? It’s a common belief that your sales will roar if you lower your prices, but is this a sustainable solution on the long track? How about the opposite strategy- raising prices can bring you some benefits if you do it the right way – and...
Reading Time: 7 minutes

How do you set a price for your products? Deciding on what to charge for a product or a service is a step that many CEOs don’t take seriously enough, and instead of taking a few different factors and a lot of data into consideration, they simply rely on their experience and senses when they...
18 May 2021 - 14:23, by , in Guest post, No comments
Reading Time: 6 minutes

The ingredient that successful business owners add to their success recipe is “Pricing”! Though several other factors are contributing towards the upliftment of a business, the most important be the pricing of a product. It is given much importance because this is one such factor that contributes towards the sustainability of your business. There is...
Reading Time: 5 minutes

It’s not easy when you try to enter a new market or start selling a product or service while your competitors are already offering something similar. There are a few ways to successfully perform this task, and perhaps the most common one is by a penetration pricing strategy. Market penetration pricing is thought to be...
Reading Time: 7 minutes

Using psychology in pricing is not a new strategy. Retailers have always been using different tricks to ensure their products sell well. Over time, some Psychological Pricing Strategies showed better results than the others, and what was a good profit-making marketing and pricing strategy in the past, may not be so useful nowadays. It’s not...
7 April 2021 - 11:02, by , in Site Operations, No comments
Reading Time: 2 minutes

Price2Spy is always giving its best to keep up with all changes happening in the eCommerce market. The past two weeks were very productive for Price2Spy’s Site Operations Team. Our team works continuously on adding new sites to the lists of websites we are monitoring, as well as to keep up with the changes happening...
Reading Time: 6 minutes

There is no doubt that price is the most important factor for consumers when buying a product. 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 right pricing strategy is an essential part of a good business, but with...
24 March 2021 - 14:26, by , in Site Operations, No comments
Reading Time: 2 minutes

Price2Spy is always working hard to keep up with all changes happening in the eCommerce business. The past two weeks were very busy and productive for Price2Spy’s Site Operations Team. The team works continuously on adding new sites to the lists of websites we are monitoring, as well as to keep up with the changes...
Reading Time: 4 minutes

In overcrowded industries, making the selection among products becomes very challenging. Products are inevitably becoming more similar, therefore, the customers primarily distinguish them based on the price. Usually, the outcome of this situation is a price war. But, are price wars really inevitable, or is there a way to avoid them? One thing is certain...
10 March 2021 - 13:36, by , in Site Operations, No comments
Reading Time: 2 minutes

As always, Price2Spy keeps up with all the changes that are going on in the eCommerce world. Therefore, two very busy weeks are behind the Price2Spy’s Site Operations team. We are making a continuous effort to follow up with all the changes happening on the websites that we’re monitoring. Over the years, Price2Spy managed to...

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.

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