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Pricing Over Product Life Cycle: Everything Retailers Must Know
Explore the ins and outs of product life cycle and pricing strategies that can help your business thrive.
April 12, 2024 7 min read -
Price Skimming: Revenue Booster Or Price Perception Killer?
A price skimming strategy can help you make a fortune while it may also undermine a price perception and impact customer retention badly. This article will help you use the skim strategy wisely.
April 10, 2024 6 min read -
Rebates Vs Discounts: What's the Difference and When to Use Each Tool
When the goal is to increase sales, discounts and rebates are used by retailers commonly. But to employ both tools properly, it is necessary to be aware of their specifications. Let's deep dive into the similarities and differences between rebates and discounts to help you avoid common mistakes.
April 08, 2024 5 min read -
Smart discounting: how to offer deals without undercutting your value
Effective discounting is essential in building a sustainable pricing strategy. Discount pricing is a promotional tactic that helps generate more sales for a limited period by reducing the original price of goods.
functional discount exampleMarch 19, 2024 5 min read -
How Pricing Ladders help in maximizing profits
Learn how pricing ladders can transform your retail strategy, appealing to every customer type, boosting sales, and setting you apart in the market.
March 19, 2024 6 min read -
Price Anchoring: Everything You Need to Know in 2024
Learn the definition of price anchoring and find out how anchoring price strategy can improve customer retention rate and drive your sales
March 06, 2024 9 min read -
The Power of Economy Pricing: A-Z Guide on Economic Pricing Model
Want to appeal to cost-conscious shoppers and stand out in competitive markets? Our easy-to-understand guide explores economy pricing, a strategy focused on offering the lowest possible prices while still making a profit. Learn how it works, see real-world examples, and determine if it fits your business well.
July 27, 2023 5 min read -
The Power of Psychological Pricing
Discover the power of psychological pricing in retail. Learn how it influences customer perception, the different strategies used, and their pros and cons. Uncover real-world examples and best practices to boost sales and enhance customer satisfaction.
July 13, 2023 9 min read -
Why Is Now the Best Time to Use AI Solutions for Markdowns?
Discover why now is the best time for retailers to leverage AI solutions for markdowns and gain a competitive edge in the retail industry.
May 26, 2023 5 min read -
Markdown pricing: How could retailers benefit?
Find out what markdown price is and how to work with markdown pricing.
February 08, 2023 7 min read -
Industry-Specific Pricing Strategy: How to Optimize Your Key Value Items
Competera expert breaks down the difference in Key Value Items (KVI) management for 4 retail industries. Find out how to manage your KVI prices and build secure KVI pricing strategy.
December 12, 2022 10 min read