Retail Wire

AUGUST 2, 2022

Consumer packaged goods companies are rolling out exclusive brands sold only at the likes of Costco and Walmart. They are also introducing bundle packaging where customers can save more on a per ounce basis than when they purchase single items.

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Retail TouchPoints

OCTOBER 15, 2021

As customers interact with businesses in a real-time, always evolving competitive environment, they have to implement decisions with adaptive precision and run algorithmic experimentation at granular scale. This is famously called psychological pricing or charm pricing. Malay Mohapatra works as a Chief Architect at Algonomy.

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Wiser

AUGUST 22, 2022

Competitive Pricing. Competitive pricing is, as it sounds, based on your competition. When a new product enters the market, retailers will take a look at competitors selling the same or similar products and see what their prices are. Penetration Pricing. Price Skimming. Bundle Pricing.

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Wiser

JULY 14, 2020

If that’s the case, does the pricing reflect the value? In this article, we’ll look at what pricing strategy actually is, some different pricing models, and how you can think about your pricing strategy to facilitate long-term profitability and growth. What is a Pricing Strategy? Common Pricing Strategies.

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Wiser

NOVEMBER 12, 2019

Keep reading to learn more about product bundling, what it is, why it works, and how brands and retailers should incorporate bundling into their eCommerce and brick-and-mortar strategies. What is Product Bundling? There are many different types of bundling, including: Razors and replacement blades. Kitchen appliances.

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Retalon

MARCH 9, 2021

Ten new product pricing strategies that work. At the same time, defining your new product pricing strategy is exciting for a very different reason. High prices generate higher per-unit margins but may constrain top-line revenue. New product pricing strategies should be tailored to your unique business.

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CJ Retail Solutions

JULY 21, 2024

One common pricing strategy used on retail shelves is the use of psychological pricing techniques. For example, retailers may use pricing tactics such as charm pricing (e.g., pricing products at $9.99 instead of $10) or bundle pricing (e.g.,

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