Retail TouchPoints

OCTOBER 15, 2021

This is famously called psychological pricing or charm pricing. Retailers also use bundle pricing strategies, wherein organizations sell a set of goods with lower prices than they would have charged if the customer bought all of them independently. market basket analysis.

Bundled Pricing 147

Bundled Pricing Marketing Returns Advertising 147

Retail Focus

MARCH 30, 2023

Focus on Psychological Value Upscale fashion brands are all about offering an experience, not a product. Many high-quality fashion brands will partner with charities or media juggernauts to attract a different audience. Use Strategic Pricing Create pricing strategies that reflect the value of your products and services.

Bundled Pricing 130

Bundled Pricing Promotions Customer Experience Fashion 130

Retalon

APRIL 14, 2021

In an effort to avoid last-minute drastic price cuts, retailers pre-plan markdown timing (and amounts) for products with specific lifecycles. New television SKUs maintain demand for up to twelve months while fast fashion SKUs need to disappear in sixty days. Use alternative pricing strategies in your markdowns.

Markdowns 41

Markdowns Dead-Stock Promotions Planning 41