Pricing Strategy - Blog Intelligence Node Blog - Tips to Maximize Ecommerce Growth Thu, 22 Aug 2024 09:57:43 +0000 en-US hourly 1 https://www.intelligencenode.com/blog/wp-content/uploads/2016/10/2016-10-19-1.png Pricing Strategy - Blog 32 32 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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]]> 10 Tested eCommerce Pricing Strategies for Long Term Profitability https://www.intelligencenode.com/blog/its-all-about-the-pricing-strategies/ Thu, 05 Sep 2019 10:03:58 +0000 http://www.intelligencenode.com/blog/?p=2346 The eCommerce landscape is growing tremendously in the post-pandemic economy. Infact, in 2021 the number of online stores exceeded 24 million globally with thousands of new stores being set up...

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]]> Level up Your Retail Strategy with Intelligence Node https://www.intelligencenode.com/blog/step-game-start-tracking-global-competition-using-intelligencenode/ Mon, 12 Jun 2017 13:45:34 +0000 http://www.intelligencenode.com/blog/?p=2458 Conducting global market research has become crucial to good business practice. By tracking your competitors worldwide, you are getting a complete picture of current market trends and can thus tap...

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]]> Manually Tracking Competitor Pricing Vs Automated Solutions https://www.intelligencenode.com/blog/manually-tracking-competitor-pricing-vs-automated-solutions/ Wed, 24 May 2017 08:25:13 +0000 http://www.intelligencenode.com/blog/?p=2430 In 2023, with a huge chunk of retail activity taking place through online platforms, Global eCommerce sales are expected to grow 10.4% in 2023, totaling $6.3 trillion this year. – and...

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]]> Too Cheap, Too Expensive – It’s All About Beating The Competition To It https://www.intelligencenode.com/blog/too-cheap-too-expensive-its-all-about-beating-the-competition-to-it/ Wed, 17 May 2017 10:03:21 +0000 http://www.intelligencenode.com/blog/?p=2418 As every business is unique, there are variances in pricing the products and services in every company. Not all of them incorporate strategies that aim to sell the highest possible...

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]]> How Often Should You Adjust Your Pricing? https://www.intelligencenode.com/blog/adjust-your-pricing/ Tue, 16 May 2017 07:40:27 +0000 http://www.intelligencenode.com/blog/?p=2414 Every business that seeks to achieve maximum levels of profitability needs to think carefully about its pricing. Specifically, it needs to think about how often to change its prices. Once...

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]]> Your Competitors Already Know This About Your Pricing Strategy https://www.intelligencenode.com/blog/competitors-already-know-pricing-strategy/ Wed, 10 May 2017 09:03:22 +0000 http://www.intelligencenode.com/blog/?p=2408 Keeping an eye on what your competition is doing is a great way for growing your business. Identifying who they are and what they are offering can prove invaluable to...

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]]> 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 Lessons About Price Analysis You Need To Learn To Succeed https://www.intelligencenode.com/blog/lessons-about-price-analysis-you-need-to-learn-to-succeed/ https://www.intelligencenode.com/blog/lessons-about-price-analysis-you-need-to-learn-to-succeed/#respond Wed, 03 May 2017 15:37:32 +0000 http://www.intelligencenode.com/blog/?p=2363 It’s not really a secret to say that every business can benefit from an effective pricing strategy. However, in order to identify which strategy is right for a specific business...

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]]> https://www.intelligencenode.com/blog/lessons-about-price-analysis-you-need-to-learn-to-succeed/feed/ 0 Little Known Ways To Decide Your Pricing Objectives https://www.intelligencenode.com/blog/little-known-ways-decide-pricing-objectives/ https://www.intelligencenode.com/blog/little-known-ways-decide-pricing-objectives/#respond Wed, 03 May 2017 08:09:17 +0000 http://www.intelligencenode.com/blog/?p=2359 Pricing objective is a goal that a company sets in order to determine the cost of its product or service. Objectives are usually related to four major groups: profitability sales...

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