We previously discussed why dynamic pricing can be a powerful strategy for retailers to optimize revenue and profit. With the rise of pricing intelligence and repricing tools, they can now quickly and accurately reprice inventory based on repricing rules that …
Offline Dynamic Pricing
Once associated primarily with airlines and hotels, dynamic pricing has become more widespread across a variety of industries. We know online retailers are increasingly experimenting with and implementing dynamic pricing strategies, but what about their brick-and-mortar counterparts?
Opportunities
No one …
December 31, 2013
Why You Should Monitor Your Competitors’ Prices
Your company doesn’t exist in a vacuum. There are many external forces that have an impact on shaping your business strategy, whether it be consumers, suppliers, or competitors. Monitoring your competitors plays an important role in shaping your strategy and …
December 10, 2013
The Key to eCommerce Success? Know Your Customer
In journalism, an article needs to address the five “W’s”, who, what, when, where and why in order to successfully engage readers. In order for your online store to be successful and engaging, you also need to be able to …
November 26, 2013
Dynamic Pricing, Flexible Pricing – The Best of Both Worlds
You like dynamic pricing, you fully understand its value to your online establishment and you stay on top of all news related to dynamic pricing. You use a repricing solution to allow you to truly have dynamic pricing. Your …
November 25, 2013
How Showrooming Affects Ecommerce Merchants
Many ecommerce merchants believe that customers showrooming in traditional retail shops and then purchasing online can help their business. However, a deeper analysis on the effects of this trend may change your mind. While showrooming may increase your website’s sales …
October 21, 2013
Google Product Search API – Retired. So?
Google has been doing some “Spring Cleaning”, and while spring-cleaning for most of us tends to happen once during the spring, for Google, this has been ongoing since 2011. They have retired 70 features or services since they have begun …
September 30, 2013
Amazon vs eBay: 7 Key Differences to Consider
Amazon vs eBay: 6 Key Differences to Consider
September 5, 2013
Top 5 eBay Repricing Hacks
For retailers grossing 1-5 million on a yearly basis, eBay is a battlefield that they cannot afford to lose: the popular marketplace is the arena for nearly one quarter of small and medium retailers’ sales. As a recent report …
July 22, 2013