Your Guide to Seamless Price Increase!

Hello from Prisync! ??

The new edition of the Weekly Pricing Newsletter is filled with amazing insights for online retailers like you. ??

Do you know how to increase prices without alienating customers?

Well, we know :)

• It's one of the hardest tasks of an online retailer, however, there are ways to do it.
• First, you must know your position in the market. If you’re already more expensive than competitors, a price increase can be a bad idea. (unless your brand is a premium brand)
• Tracking competitor price information gives you significant leverage. Instead of increasing prices too much, you can boost your competitiveness level.
• Increase your perceived value; consumers will appreciate your honest price policy, and they will recognize your efforts to preserve high quality.
• Check this blog post to learn more about the topic!

Price Point: Is It Different Than Price?

Price Point vs. Price - Discovering the crucial distinction in our latest blog post! ??

??Learn why grasping the difference between Price and Price Point is essential for maximizing profitability! ??

Read more from here!

The Ultimate Guide to Ecommerce Pricing

?? Discover the Power of Pricing with Our Ultimate Guide!

Insider tips and game-changing pricing insights to boost your online sales??

Check which pricing strategy is the best fit for your business??

Read more from here!

Weekly Ecommerce News in 5 Minutes!??

• Retail ecommerce spending grows in the first third of the year, Adobe data shows
• 5 mistakes to avoid when merchants add new ecommerce channels
• Pinterest revenue surges on popularity of shopping push
• Google Shopping Ads get conversion annotations

That's all for this week!??

You can always visit?the Prisync Blog to read more about #googleshopping, #shopify, #amazon, #ecommerce, and #pricingstrategies!

See you next week!??