Pricing Strategy - Blog https://www.intelligencenode.com/blog/category/pricing-strategy/ Intelligence Node Blog - Tips to Maximize Ecommerce Growth Wed, 10 Jan 2024 03:59:58 +0000 en-US hourly 1 https://www.intelligencenode.com/blog/wp-content/uploads/2016/10/2016-10-19-1.png Pricing Strategy - Blog https://www.intelligencenode.com/blog/category/pricing-strategy/ 32 32 Economic Pricing in 2024: A Retailer’s Key to Success https://www.intelligencenode.com/blog/economic-pricing-strategy-retail/ Tue, 20 Jun 2023 08:40:01 +0000 https://www.intelligencenode.com/blog/?p=8315 In light of the recession and post-pandemic retail, households across the world have slashed their budgets for the months ahead. Businesses, in turn, have switched focus to cater to a...

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Implementing an Effective Loss Leader Pricing Strategy https://www.intelligencenode.com/blog/effective-loss-leader-pricing-strategy/ Fri, 19 May 2023 04:06:22 +0000 https://www.intelligencenode.com/blog/?p=8278 What is Loss Leader Pricing, & Why do Retailers Implement it? Loss Leader pricing is a pricing strategy in which a company intentionally offers a product or service at a...

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Why Walmart’s EDLP Strategy is a Game-changer https://www.intelligencenode.com/blog/walmart-edlp-everyday-low-pricing-strategy/ Tue, 25 Apr 2023 06:49:51 +0000 https://www.intelligencenode.com/blog/?p=8193 As inflation continues to impact businesses and consumers alike, the need to keep pricing low has become increasingly important. Walmart is one of the world’s largest retailers, recognized globally for...

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Eliminate Margin Leakages with the Price Waterfall https://www.intelligencenode.com/blog/how-the-price-waterfall-can-increase-profitability/ Wed, 30 Nov 2022 08:05:58 +0000 https://www.intelligencenode.com/blog/?p=7745 What is the Price Waterfall? The “Price Waterfall” is a price optimization tool (or technique of analysis) that allows businesses to identify hidden costs. It is used to calculate the...

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How to Dominate Retail with Omnichannel Pricing https://www.intelligencenode.com/blog/how-to-dominate-retail-with-omnichannel-pricing/ Sun, 30 Oct 2022 18:19:27 +0000 https://www.intelligencenode.com/blog/?p=7720 Despite rapid technological progress, most businesses miss out on lucrative sales. They struggle to decode what’s working and what isn’t and find it hard to deploy all of the contextual...

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A Retailer’s Guide to Competitor-based Pricing https://www.intelligencenode.com/blog/a-retailers-guide-to-competitor-based-pricing/ Fri, 12 Aug 2022 08:17:29 +0000 https://www.intelligencenode.com/blog/?p=7452 In this article, you will learn about competitor-based pricing and its pros and cons. You will understand its types and how it differs from alternative pricing strategies.

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The ABC’s of Promotional Pricing for a Successful Retail Business https://www.intelligencenode.com/blog/the-abcs-of-promotional-pricing-for-a-successful-retail-business/ Thu, 28 Jul 2022 19:06:40 +0000 https://www.intelligencenode.com/blog/?p=7320 Understanding Promotional Pricing and its Common Usage Regardless of whether we as marketers or consumers immediately recognize the phrase, promotional pricing has long since had its place in the commercial...

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Value-based Pricing Strategy Explained with Real Examples https://www.intelligencenode.com/blog/all-about-value-based-pricing-strategy/ Mon, 04 Apr 2022 17:34:21 +0000 https://www.intelligencenode.com/blog/?p=6973 Content Summary : What is a Value-based Pricing Strategy? Two Common Myths About Consumer Value-based Pricing Strategy Myth: Brand Value Should Dictate Pricing when using a Value-based Pricing Strategy Myth:...

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All You Need to Know About the Amazon Pricing Strategy in 2024 https://www.intelligencenode.com/blog/amazon-pricing-strategies-model/ Tue, 18 Jan 2022 21:49:26 +0000 https://www.intelligencenode.com/blog/?p=6749 Content Summary : The Rise and Rise of Amazon Amazon Pricing Model How Sellers Price Items on Amazon Establishing Prices for Your Products on Amazon What is Intelligence Node’s Take...

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Premium Pricing: The Ins & Outs of a Successful Brand Strategy https://www.intelligencenode.com/blog/premium-pricing-the-ins-outs-of-a-successful-brand-strategy/ Tue, 17 Aug 2021 11:20:57 +0000 https://www.intelligencenode.com/blog/?p=6347 How High-End Brands Maximize Their ROI Premium pricing is one of the most lucrative market strategies available… But naturally, it’s not for everyone. Here, we explore which brands can go...

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