Tag: pricing

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...
Reading Time: 4 minutes

Setting the right price in online retail can be difficult and time-consuming, but a good pricing strategy plays an important role in the success of your online business. When trying to set the right price for your products, you have to bear in mind many factors, and overcome some basic challenges. However, if you manage...
Reading Time: 4 minutes

Product pricing is one of the most difficult decisions for companies to make when it is time to launch a new product. There are many types of pricing strategies present in the business world. In the sea of different pricing models you, as a business owner, need to find the suitable one. In contrast, product...
Reading Time: 3 minutes

No matter if you have the best product or service in the world, if you don’t have solid marketing and pricing strategies you may be doomed in the current competitive world. When determining a product or brand’s offer as a key component of the marketing mix[i], pricing plays a critical role. So, when it comes...
Reading Time: 3 minutes

Customers are very sensitive to price changes. People’s spending habits are limited by their budgets. And any price change can affect and change them. Because of this, the demand for some products will change due to the price changes (up or down). This is known as the price elasticity of demand. For example, if the price of gas...

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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