Prisync | Blog

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

How to Price a Product | A Comprehensive Guide for Online Sellers

Product pricing is an essential aspect of ecommerce businesses. During 2021’s holiday season, approximately three-quarters of consumers in the United States stated that the price of a product was one...

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How to Prepare for Back to School Sales

Back to school season is a major marketing and sales opportunity for retailers. It is a joyful experience for many kids and teenagers, allowing them to purchase their favorite products....

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How to Get Rid of Slow-Moving Stock at the end of Season

The economic slowdown is a global reality, and companies must step up their efforts to determine operating efficiencies and decrease their capital requirements. The game is no longer growing at...

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6 Tips for Using Video Content on Your E-commerce Site

E-commerce is one of the growing industries over the past few years. Thanks to the ever-growing technology that makes access to the internet easier, people can shop right from the...

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Give Your Customers Options & Control in These 13 Simple Ways

Chipotle Mexican Grill didn’t reach nearly $6 billion in annual revenue because it’s a fast, casual Mexican restaurant.  When we explore the psychological triggers behind why people buy Chipotle, we...

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How to Use Introductory Pricing: Capture A Large Audience From Early On

What is introductory pricing? Introductory pricing strategies are used to attract customers to a new product or service by offering a special price and developing a new customer audience for...

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Promotional Pricing: Definition, Pros & Cons, Brands That Nailed It

What is Promotional Pricing? Promotional pricing is a method of generating customer interest in specific items or services that individuals or businesses provide to the public.  How this is done...

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What is Unilateral Pricing Policy and How it Differs From MAP

Although many companies, including retailers, consider price management an easy task, pricing strategies are complex because they involve various stages, from production costs, product price setting, and consumer attitudes. Choosing...

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Marketing Mix: Why Is Pricing the Most Important Pillar

Nowadays, factors like price matching have become incredibly important. This is because the price is now the most important ‘P’ in the marketing mix. We discuss how retailers can use...

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Meet the AutoMates | Automation Will Bring You Success in Ecommerce

Do you know what’s one thing that brought many companies success? The power of automation. When you think of automation, time and cost savings come to mind immediately. But it’s...

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Dynamic Pricing Algorithms in 2021 | State of Repricing Technologies

Price management is a significant problem faced by many companies, including retailers, because errors in price tracking can lead to improper results, leading to lost profits. Traditional price management techniques...

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Cost of Magento Website Development [+Proven Tips on Lowering It]

Magento is one of the most famous platforms for online commerce. With 300,000+ merchants using the platform worldwide, it’s a favorite choice of many large corporations and small companies alike....

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