Value Based Pricing for Ecommerce Companies

Posted by Moira McCormick on July 20, 2017

There are several ways to arrive at pricing for your online business, but many pricing strategies leave money on the table and can even damage your customer’s view of your brand; this is the case whether your prices are too high or too low.  

Finding the right formula for retail markup is one of the most important decisions you will have to make and is vital to the success of your ecommerce business.

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Topics: Ecommerce, Value-based Pricing

How to Execute Value Based Pricing

Posted by Moira McCormick on May 25, 2017

You're the seller and naturally, you want to get the maximum amount possible for your products.  The simplest way would be to just increase your prices and see what happens. 

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Topics: Value-based Pricing

Price Wars - Don't Strike Back

Posted by Moira McCormick on September 28, 2016

Your competitors may all be falling over one another to get a piece of the market - and discounting heavily to make sure they win their share of that market. However, you are really not compelled to join in; better in this instance to stay neutral in the conflict and let the others fight it out.

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Topics: Price War, Buyers, Value-based Pricing

5 Signs You're Smarter at Pricing Than You Think

Posted by Moira McCormick on September 6, 2016
Do you have any nagging doubts that you might not be getting quite the optimum price for your products or services?  Are you confident you always utilise your skills, expertise and know-how to squeeze out those extra profits for your business?
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Topics: Pricing, Smart Pricing, Dynamic Pricing, Psychological Pricing, Value-based Pricing, Product Oriented Pricing, Penetration Pricing

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