Prestige Pricing: Learn How to Use It Within Your eCommerce Store (+Examples)
Many e-commerce owners like to give off the impression that they sell high-quality products. But how do they go about doing that? Well, the most obvious way to do it is to create a high-quality product. But another way to do it is to adopt a prestige pricing strategy. Prestige pricing is a pricing strategy …
E-Commerce Trends for Millennial Entrepreneurs
Every person born between 1982 to 2002 is a millennial. Obviously, we are looking at a great discrepancy in years, but all the people in this group have one thing in common – their state of mind is quite similar. Same as the baby boomers who grew up in the same environment and shared similar …
Value-Based Pricing: How to Use It to Win at E-Commerce
Value-based pricing is one e-commerce pricing strategy you can use to increase your profits and dominate your competitors. Think about it like this: How much would you pay for a pile of metal, rubber and a few connecting wires? Probably not that much. Compare that to how much you’d pay for a car. The difference …
Hot E-Commerce Software Deal for 2018
Black Friday & Cyber Monday is almost here. Most of the stores are preparing for this huge sales opportunity as consumers are going to flood websites and scan for deals. Today is a lucky day for retailers to prepare with software that’ll help them make more sales on such occasions via referral marketing to competitive pricing …
Sticky Prices: How Will E-Commerce Affect the Sticky Price Strategy
If you’re going to start a bottled water business, when is the best time to start? When will you make the most sales? When can you increase your prices significantly? During the summer (on the beach) of course. This is because of supply and demand. As the demand increases, so do your prices. In this …
Cyber Monday: Pricing Tips to Drive Sales in 2018
Almost every e-commerce retailer has their eyes on Cyber Monday all year around and it’s finally arrived! By filling up their online stores with the best deals and huge discounts, online retailers aim to get a portion of the cake. Last year they spent $3.45 billion online on Cyber Monday and it became the biggest …
How to Win at E-Commerce Black Friday
If there’s one thing you can be certain about in the world of e-commerce, it’s that sales increase on Black Friday. Why? Because shoppers are actively looking to find the best deals and spend their hard earned cash. The only thing you need to do? Make sure that when they’re about to spend their money, …
Meet The Freshest Store: Tazemasa.com!
Just like we did in the previous case study, we’ll introduce you with one of the coolest online stores and tell their story with Prisync. Our case study for today is with Tazemasa.com! Company Tazemasa was found six years ago by Fahir Özcan with the purpose of serving people who are living in big cities …
The Latest Updates on the 3rd Quarter at Prisync!
Hey Prisync followers, we left another 3 months behind and we’d like to summarize what happened at Prisync during this period. So, just sit back and keep reading as some exciting news are below! The list below shows the main topics of this post: Shopify App v2.0 Stock Change Notifications The Threshold for Price Change Notifications …
14 Competitive Intelligence Tools to Dominate Your Competition
If you want to win at e-commerce one of the crucial things you need is intelligence on your competition. Making intelligent decisions relies not only on your assumptions but using real competitor data to see how your competitors are performing. You’ll want to learn about: Your competitor’s prices Your competitors SEO strategy Your competitors PPC …
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