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Prisync | Blog

Attract and retain customers with actionable pricing strategies in the ecommerce arena and increase your competitive edge.

Dynamic Pricing & AI
November 14, 2023

Dynamic Pricing & AI: The Future of Ecommerce

Every ecommerce business owner will be looking for real tangible ways to increase their business's success. They might consider changing their store layout or hiring a copywriter to write compelling product descriptions. But one often… Continue Reading

Psychological Pricing
November 7, 2023

What is Psychological Pricing? | Debunking The Common Misconceptions

Since the beginning of selling, retailers have tried various psychological pricing strategies and tactics to influence shopper behavior. Some of them were thought to have a significant impact on consumer behavior, and some of them… Continue Reading

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Shopify Dropshipping Pricing Guide
October 31, 2023

Shopify Dropshipping Pricing Guide [A Systematic Approach]

Shopify dropshipping has been a hot topic amongst many would be entrepreneurs and established business owners for a number of years now, with the idea of starting an ecommerce business being a likely to attractive… Continue Reading

pricing tactics for holiday season 2023
October 18, 2023

Pricing Tactics: For the Upcoming Holiday Season in 2023

Last year, consumers were facing a disparate obstacle: Inflation. The fact that prices are likely to rise further encourages consumers to shop earlier to make the most of discounts and deals on holiday gifts! For many customers,… Continue Reading

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Repricing
October 10, 2023

What is Repricing [+ Reviewing 6 Common Repricing Scenarios]

Getting your pricing strategy right is one of the most important parts of selling online, where prices are changing constantly and really dynamic. In order to not being behind the competition and having a healthier… Continue Reading

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September 27, 2023

Cost-Based Pricing: How to Implement It With Pricing Software

Finding the optimum prices for your products is not a straight-forward and easy process. You need to have a really good mechanism that takes into calculation your costs, your target profit margin, the competition, demand… Continue Reading

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September 26, 2023

Guide to Competitor Monitoring | Pricing, Social Media, UX

Every single day, the competition for your ecommerce store increases. More and more online shops pop up selling similar or the same products. Competitor monitoring tactics will enhance your understanding of their strengths & weaknesses,… Continue Reading

Pricing Optimization
August 29, 2023

Pricing Optimization Is What’s Missing In Your Marketing Strategy

Most companies have a lot of room for improvement when it comes to their pricing strategy. Sure, they all want to keep their costumers happy and maximize profits, but their pricing more often than not… Continue Reading

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Loss Leader Pricing
August 29, 2023

Loss Leader Pricing Strategy: When Should You Do It & How

Loss-leader pricing is an aggressive pricing strategy aimed to lure customers away from competitors into one's own store. Once the customer steps in the store, the expectation is to negate the loss with the sale… Continue Reading

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August 16, 2023

Pricing Mistakes: Never Do These in Ecommerce

We know that you are working hard to make the right decisions for your business. Sometimes managers stick to a strategy for so long that they are no longer able to see its shortcomings. They… Continue Reading

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