Planning Your Cyber Week Pricing Strategy? Let AI Lead the Way
Salesforce Marketing Cloud
AUGUST 17, 2023
A retailer reduced online prices by 1% every time a shopper purchased a particular item. The marketing team thought this retail pricing promotion was genius. Shoppers kept refreshing their screens, expecting others to buy and the prices to drop. But the (heavily inflated) prices didn’t budge, as shoppers continued to wait.
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