Image

Prisync | Blog

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

willingness to pay
June 21, 2023

Willingness to Pay: This is What the Pros Look For

Willingness to pay (WTP) is the maximum price a consumer is willing to pay in exchange for a product/service. We use this metric to price our products in line with customer expectations and increase the… Continue Reading

by
dynamic pricing
June 14, 2023

How Retailers Can Drive Profitable Growth Through Dynamic Pricing

In today's competitive retail landscape, it's crucial to utilize every advantage available to stand out from the crowd. Pricing plays a significant role in consumer purchasing decisions, making it essential to have a robust pricing… Continue Reading

Shopify Analytics 2023
June 8, 2023

Guide to Shopify Analytics [+Google Analytics Updates 2023]

Running a Shopify store is tough. First, you need to get your products and pricing right. Second, you need to work on your marketing, and third, you need to make sure you’re looking at your… Continue Reading

Retail Algorithms
June 1, 2023

Retail Algorithms: How They’re Changing Businesses

Before the world of ecommerce, retailers had to rely on traditional methods of sourcing information about their customers.  Likewise, customers had to manually navigate their research in order to find the best deal. Now, however,… Continue Reading

Shopify Conversion Rate Optimization
May 30, 2023

Shopify Conversion Rate Optimization: Tips for Merchants

If you're running a Shopify store, you're interested in increasing sales and growing your revenue. The best way to do this is through Shopify conversion rate optimization. Shopify conversion rate optimization involves identifying how customers… Continue Reading

Price Print
May 17, 2023

How to Price Print on Demand Products

Are you in the beginning phases of your POD business and need help with how to price your products? Or are you still doing your research, reading through our reviews of different print-on-demand platforms, and… Continue Reading

6 reasons why your ecommerce pricing strategy isn't working
May 11, 2023

6 Reasons Why Your Ecommerce Pricing Strategy Isn’t Working

Pricing strategy is a crucial aspect of any business, regardless of the industry or product. However, many businesses make mistakes when searching for the perfect pricing strategy to increase profits. The competitive nature of ecommerce… Continue Reading

Shopify Traffic
May 9, 2023

Shopify Traffic: 8 Tips to Increase Visitors

If you’re running an ecommerce business on Shopify, you might think about various ways to drive your Shopify traffic. But it's important to know that you can generate three types of traffic: earned, owned, and… Continue Reading

Multi-Currency Ecommerce
May 3, 2023

Advantages of Multi-Currency Ecommerce: Price Setting Options

The world is becoming increasingly smaller. What was once a wild fantasy is now a reality: Multi-currency payment. Shoppers can theoretically buy something from an American vendor and have it sent to them in Europe.… Continue Reading

road sign written price, strategy, product, campaign, customer on it.
April 26, 2023

Top Product Pricing Strategies for Ecommerce (2023)

Most entrepreneurs spend their creative efforts when beginning a business on developing a concept and converting it into a sellable product. However, before you can start selling any product or service, you must determine its… Continue Reading