price-analysis

Price Analysis – Learn to Analyse Your E-commerce Pricing Data Effectively

As technology is upgrading, consumers are getting more aware of the products and services they are buying online. Gone are the brick and mortar eras where customers were warned to be aware. Customers are well aware of the fact that the online prices of the same products differ as per the website. So, they scroll …

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product-codes

Product Codes: GTIN, UPC, EAN, JAN, ASIN – Which One To Use?

Before starting with the article, let’s discuss the basics of product codes. Businesses have to maintain inventory to ensure quick sales. But if we do not keep track of the inventory, how would we be able to analyze our business? So, retailers or online e-commerce usually do the same by making each and every product …

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cost-plus-pricing

Cost Plus Pricing – Definition And Ideas To Maximise Profits

People often question how they can implement cost-plus pricing in their business. Typical questions are: Is it profitable to use a cost-plus pricing strategy in my business? What would be the problems that I’ll have to face while implementing this strategy? So, here I am with the answer to all your questions. What is cost-plus …

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competitive-pricing

Competitive Pricing: The Advantages & Disadvantages

Traditional pricing strategies that have once dominated the retail sector are now being redefined due to tough competition in the eCommerce industry. Today, competitor pricing is taken into consideration to decide the appropriate pricing for a product. The competition would define the price of the product. What is a competitive pricing strategy? It is a …

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