Product Pricing - Blog https://www.intelligencenode.com/blog/category/product-pricing/ Intelligence Node Blog - Tips to Maximize Ecommerce Growth Thu, 22 Aug 2024 07:06:14 +0000 en-US hourly 1 https://www.intelligencenode.com/blog/wp-content/uploads/2016/10/2016-10-19-1.png Product Pricing - Blog https://www.intelligencenode.com/blog/category/product-pricing/ 32 32 How to Localize Your Pricing: Tips to Implement Zip Code Level Pricing https://www.intelligencenode.com/blog/zip-code-level-pricing/ Fri, 06 Oct 2023 06:04:51 +0000 https://www.intelligencenode.com/blog/?p=8484 Introduction to Retail Pricing In a modern retail arena, data-driven dynamic pricing is the backbone of any strong, profitable sales strategy. It’s the number that consumers look at when determining...

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]]> The Future of Retail is Consumer Centric Pricing https://www.intelligencenode.com/blog/why-you-need-to-take-a-consumer-centric-approach-with-your-pricing/ Wed, 05 May 2021 11:08:11 +0000 https://www.intelligencenode.com/blog/?p=5836 Retail Has Transformed More In a Year Than in the Last 10 2020 was an unprecedented year and left the world in disruption and uncertainty. But, with the social distancing...

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]]> Power of Pricing Analytics in the eCommerce Decision-making https://www.intelligencenode.com/blog/pricing-analytics-software-for-improving-ecommerce-revenue/ Thu, 27 Aug 2020 04:30:08 +0000 https://www.intelligencenode.com/blog/?p=5087 The retail world is currently facing rapid evolution. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to...

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]]> How to Use the Price Quality Matrix to Optimize Your Product Pricing https://www.intelligencenode.com/blog/use-price-quality-matrix-optimize-product-pricing/ Thu, 17 Oct 2019 00:02:21 +0000 http://demo.firm.in/inode/?p=1646 Agile product pricing strategies is one of the biggest questions retailers face for a reason. The relationship between an item’s price and its quality — and perceived value to consumers — is...

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]]> How To Drive Price Perception and Deliver the Walmart Value https://www.intelligencenode.com/blog/how-to-drive-price-perception-and-deliver-the-walmart-value/ Tue, 06 Aug 2019 06:29:37 +0000 https://www.intelligencenode.com/blog/?p=4250 With industry leaders like Walmart, Amazon, and Target setting the standard, matching your prices in real-time is becoming an increasingly difficult task. These big-name brands shrewdly utilize powerful proprietary algorithms...

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]]> Price Match On Amazon: The Battle For The E-commerce Throne https://www.intelligencenode.com/blog/price-match-amazon-battle-e-commerce-throne/ https://www.intelligencenode.com/blog/price-match-amazon-battle-e-commerce-throne/#comments Mon, 24 Jul 2017 05:37:07 +0000 http://www.intelligencenode.com/blog/?p=2536 Earlier, if people needed something, they had to drive around town to buy things from different places. Thanks to the Internet and its gaining popularity, there are a lot of...

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]]> https://www.intelligencenode.com/blog/price-match-amazon-battle-e-commerce-throne/feed/ 1 Pricing Benchmarks: Where Do You Stand? https://www.intelligencenode.com/blog/pricing-benchmarks-stand/ https://www.intelligencenode.com/blog/pricing-benchmarks-stand/#respond Tue, 09 May 2017 16:17:13 +0000 http://www.intelligencenode.com/blog/?p=2394 Let’s start off with the basic definition – what are pricing benchmarks? It’s the process of comparing your prices to the prices of the competition in a specific market segment....

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]]> https://www.intelligencenode.com/blog/pricing-benchmarks-stand/feed/ 0 Pricing Your Product: Part Art & Part Science https://www.intelligencenode.com/blog/pricing-your-product-art-science/ https://www.intelligencenode.com/blog/pricing-your-product-art-science/#respond Tue, 28 Feb 2017 21:36:49 +0000 http://www.intelligencenode.com/blog/?p=2222 Pricing. It’s that enigmatic element of any business that’s sure to keep executives up at night and constantly second-guessing themselves. Fire up a Google search or read any business advice...

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]]> https://www.intelligencenode.com/blog/pricing-your-product-art-science/feed/ 0 How to Price a Product at a Rate That Flies Off the Shelf https://www.intelligencenode.com/blog/price-product-rate-that-flies-off-the-shelf/ https://www.intelligencenode.com/blog/price-product-rate-that-flies-off-the-shelf/#respond Thu, 09 Feb 2017 20:47:39 +0000 http://www.intelligencenode.com/blog/?p=2184 People can be extremely picky about prices. Most American consumers are looking for the highest quality item for the lowest price. This can make things challenging for those hoping to...

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]]> https://www.intelligencenode.com/blog/price-product-rate-that-flies-off-the-shelf/feed/ 0 How to Succeed with Your Skimming Pricing Strategy https://www.intelligencenode.com/blog/how-to-succeed-with-your-skimming-pricing-strategy/ Wed, 16 Nov 2016 20:19:49 +0000 http://www.intelligencenode.com/blog/?p=1903 Let’s assume you have a product you’re ready to launch. You’ve weighed all the possible pricing strategies that are out there, and you’ve opted to go with a skimming pricing...

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