Revealing the Science Behind a Profitable Pricing Strategy! ????

Greetings from Prisync! ??

We're excited to present our newest newsletter filled with invaluable insights for online retailers like you. This edition features a treasure trove of practical blog posts and content that can be game-changers for your business.

Let's get started! ??

Creating a solid pricing strategy requires time and effort. Online retailers must evaluate their brand's market position and determine if they offer value to their customers. However, what is the best way to create a profitable pricing strategy? Are there any tips you can apply to your business to increase your customer base and drive sales?

Let's answer all these questions for you! You can check the 6 Pillars of a Powerful Pricing Strategy blog post to find out your answers.

Finding the best pricing strategy is challenging. No strategy fits all, so you have to build your own. Each business has unique characteristics and objectives so the first step would be determining yours’. If you are aware of the value of your business, value-based pricing is a perfect strategy to add to your marketing mix.

Check out Value-Based Pricing: Pros & Cons [+ How to Apply It] blog to learn more about the strategy! ??

If you want step-by-step?pricing implementation with real-life examples, you can try out our Pricing Academy- Ecommerce Training Program!???

This course explores the?most common and profit-boosting pricing strategies?you can apply right after you learn.?????

• Learn the reasons why pricing in ecommerce is essential
• Explore the most commonly used pricing strategies
• Identify the real-life examples of pricing strategies applied by well-known brands
• Ways to avoid the pitfalls of pricing mistakes
• Discover tips for finding optimal pricing
• Master in Willingness to Pay & align with your pricing
• Learn the importance of Minimum Advertised Price (MAP)

You can join the training from the link below, for free! ??

• Shopify's Summer '23 Edition: 100+ updates for ecommerce

• Google boosts ecommerce analysis in GA4 with 30 new metrics

• Idealo conducted an analysis: About 80 percent of the cases, other online shops offer better prices than leading marketplaces.

That's all for this week!??

You can always visit?Prisync Blog ?to read about?#googleshopping ,?#shopify , #ecommercei ?#amazon , and?#pricingstrategies .

See you next week!??