Price

Price Index: Definition, Calculation, and Function

December 12, 2023
Uncategorized
No Comments

The Price Index is the metric that shows your price positioning in the market. We’ll talk about how observing the price index helps in improving sales, controlling the positioning of your brand, and finding loopholes to rise among competitors. More to that, we’ll learn how to measure it. If you’re ready, let’s dive in. What is the price index (PI)? For ecommerce businesses, price index refers to the metric that illustrates how your products, categories, or brands are positioned in…

Read More

25 Best Price Comparison Websites and Apps To Help You Save (2024)

December 10, 2023
Uncategorized
No Comments

Customers are always on the lookout for deals. And price comparison websites, which compare product prices, shipping prices, and coupon codes from multiple realtors, are online destinations that help them make informed decisions. Comparison sites and apps don’t just benefit customers, they also allow ecommerce merchants to attract new visitors. Comparison shoppers are already interested in buying, making them an ideal audience for promoting sales and discounts. Whether you’re checking a product deal or simply browsing for bargains, here are…

Read More

Price Drop Alerts | A Technology for Modern Day Discount Shopping

November 21, 2023
Uncategorized
No Comments

Every single year, business owners spend billions of dollars trying to entice people to visit their website and make a purchase.  For some website owners, any traffic is good traffic. However, for those running online stores, the end goal is to get consumers to make a purchase. —Or even better, multiple purchases! As such, cart abandonment is one of the biggest problems facing online sellers. Getting consumers to cross the line on finalizing a purchase has become both easier and…

Read More

Price Intelligence | Why You Need it in Ecommerce

November 16, 2023
Uncategorized
No Comments

70% of US shoppers, in a recent survey, stated that competitive prices are the most important factor influencing their buying decisions. Prices change at an unprecedented pace as a result of stiff competition and a growingly price-sensitive consumer base. Price Intelligence gives retailers a headstart in this harshly competitive environment by providing crucial insights to sales, accounting, purchasing, and marketing teams. Price Intelligence for Sales First and foremost, price intelligence will grant you a competitive edge. Modern consumers are price-sensitive…

Read More

4 myths about enterprise configure, price, quote (CPQ)

October 29, 2023
Uncategorized
No Comments

In “CPQ Myths Busted,” Regional Manager of Oracle CPQ Ken Ailes and Object Edge CEO Rohit Garewal examined some of the major myths and misconceptions about enterprise CPQ and discussed how to effortlessly implement a CPQ solution that’s right for your business. This is only a snippet of a eCommerce Article, please visit the Authors Website and Read the Full Article

Read More

Maximizing Holiday Sales with Price Intelligence: Guide to Boosting Profits

October 26, 2023
Uncategorized
No Comments

The holiday season is the most profitable time of year for online sellers… It’s a time when sales soar, and customers eagerly search for the perfect gift. But with great opportunity comes fierce competition and that’s where price intelligence comes in. In this guide, we’ll explore how you can maximize holiday revenue with price intelligence software, ensuring your business survives and thrives this holiday season.  The holiday season continues to drive retail growth and has shown no signs of slowing…

Read More

How To Price a Product in Simple Steps [2023]

September 21, 2023
Uncategorized
No Comments

In the fast-paced world of online selling, one critical factor often spells the difference between success and failure: pricing. Setting the right price for your product isn’t just about covering costs; it’s about maximizing profits while remaining competitive. As we step into 2023, the art and science of pricing have evolved, presenting new challenges and opportunities for online merchants. In this comprehensive guide, we’ll explore the steps and strategies that will empower you to master the art of pricing for…

Read More

Can You Sell High-Quality Products at an Affordable Price? (2023)

September 19, 2023
Uncategorized
No Comments

Providing your customers with high-quality products can be challenging. Finding a way to make those products affordable can be even harder.  Vicky Scalia understands this problem all too well. She’s the co-founder and co-CEO of L’Intervalle, a footwear brand with more than 15 stores across Canada and a loyal following online. Ahead, Vicky shares how to maintain high production standards while creating a product that won’t break a customer’s budget.  Don’t miss an episode! Subscribe to Shopify Masters. Cutting out…

Read More
© Website Blog Directory 2024. Brilliance theme by CPOThemes.