Tuesday 13 February 2018

Your business goals trump your strategies

 

 Feb 2018
Website       Industries       Products       Client Services       Why Us       Resources
Is it OK to lower prices to generate more volume?

Clients often ask me if it makes sense to lower prices with the hope of improving profit via volume of products sold. I usually tell them that lowering prices in order to sell more volume is not necessarily a good pricing strategy. However, it's always important for clients to know which customers are buying somewhere else and might switch to them if their prices were lower. 
How are brands chasing away customers with these 4 mistakes?

Today's race to personalization continues to be a rocky road for brands seeking the best - and right - ways to reach and influence their customers. What could irritate consumers enough that they would break away from a brand? What is a consumer's most sensitive type of data? What could be the most egregious thing a retailer could do that would chase away customers? 
Retailers, what's in your price optimization playbook? 

Using science as the key to actionable insights buried in big data, retailers have found they can effectively manage their inventory, set and get the right prices year-round, minimize markdowns, and, ultimately, perform profitably. To accomplish this, a Price Optimization Playbook is in order. Retail technology solution developer, Dr. Shai Geva...
MORE TRENDS, INSIGHTS & STRATEGIES FOR ENTERPRISE RETAILERS

We look forward to hearing from you! 
To schedule a demo or receive more details 
call 1-800-815-1842 or click here.

 
   Follow us on Twitter   View our profile on LinkedIn   
Upstream Commerce, 228 Park Ave S., #89632, New York, NY 10003-1502
Sent by marketing@upstreamcommerce.com in collaboration with
Constant Contact

No comments:

Post a Comment