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ScanmarQED
FEBRUARY 8, 2024
So far, we’ve talked about the theoretical background of price elasticity in Part 1 : How to use them to steer pricing decisions and the practical side of price elasticity in Part 2 : Practical implementation and best-in-class dashboards. Today we widen our perspective to include pricing analyses and metrics.
Hubspot
MAY 28, 2019
Setting prices for your products can be tough. Set prices too high, and you miss out on valuable sales. Thankfully, pricing doesn’t have to be a sacrifice or a shot in the dark. There are dozens of pricing models and strategies that can help you better understand how to set the right prices for your audience and revenue goals.
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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.
Marketing 261
JANUARY 6, 2021
One of the best features of the Muji notebooks is the price — as low as $.90. One potential flaw to keep in mind is the notebook has no elastic closure or pockets. . A few details that I find helpful include: A durable cover Table of contents Numbered pages Pagination Elastic strap Bookmarks A pocket feature Label stickers.
Hubspot
JANUARY 8, 2016
Dynamic pricing has certainly been gaining traction in the online retail space. Popular in industries like hospitality and sports entertainment, dynamic pricing has led to the retail price tag's obsolescence in those industries. That's why dynamic pricing is a growing practice in online retail.
ATAK Interactive
MAY 2, 2017
You can choose to hide or display certain product categories, as well as set custom pricing for specific customer segments. Customizing your store’s product offerings so that only the most relevant ones at the most attractive price are displayed takes away the distracting and unnecessary clutter that often lead to abandonment at this stage.
ATAK Interactive
MAY 2, 2017
You can choose to hide or display certain product categories, as well as set custom pricing for specific customer segments. Customizing your store’s product offerings so that only the most relevant ones at the most attractive price are displayed takes away the distracting and unnecessary clutter that often lead to abandonment at this stage.
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