August 7, 2023 12 Minute Read Competitive Pricing: Definition, Strategies, & Ben... Competitive pricing enables businesses to take advantage of their market by basing product prices on the competition instead of ...... Topic: eCommerce inventory accounting Inventory Reporting pricing strategy retail supply chain management
July 15, 2021 11 Minute Read 7 Essential Product Pricing Strategies for New Pro... Pricing new products can be a tricky business, but it’s one of the most important activities an enterprise can do. Finding the...... Topic: multi-channel multichannel pricing strategy
October 1, 2020 21 Minute Read The Ultimate Guide to Beer Profit Margins With so many competitors in the beer industry, how do you make sure your brewery survives and thrives? Here we’ll tell you all...... Topic: beer beer brewing breweries brewery inventory management brewery software business of brewing craft beer pricing pricing strategy profit margins Profit Reporting profitability
January 6, 2020 3 Minute Read Average Order Value: What Is It and Why Is It Impo... Average Order Value (AOV) is a metric that helps retailers understand their customers’ purchasing behaviours. An average o...... Topic: Inventory Reporting pricing strategy retail sales orders
August 17, 2019 3 Minute Read Dynamic Pricing Strategy: The Good and the Bad Product pricing strategy is a crucial aspect of a business that directly affects inventory, sales and profitability. If a busine...... Topic: business success pricing pricing strategy sales performance
July 22, 2019 2 Minute Read Dynamic Pricing: Investigating the Pros and Cons Pricing is very strategic and it makes a big difference in how a business operates. Some businesses operate on a fixed pricing m...... Topic: inventory stock pricing pricing strategy
July 12, 2019 3 Minute Read Dynamic Pricing — What does it mean for your bus... Dynamic pricing is a pricing strategy that businesses use to set flexible prices for products or service based on current market...... Topic: customer satisfaction pricing pricing strategy
October 17, 2018 4 Minute Read Meeting the Demands of a Multichannel Pricing Stra... Multichannel retailing is a set of activities concerned with selling goods or services to consumers through more than one channe...... Topic: inventory control multi-channel pricing pricing strategy
June 6, 2018 3 Minute Read Effective Seasonal Pricing Can Improve Your Cashfl... Many traditional and e-commerce businesses are seasonal, and this seasonality will affect different industries in different ways...... Topic: pricing pricing strategy seasonal demand stock control
May 11, 2018 3 Minute Read 4 Pricing Challenges for SMEs One of the hardest questions for retail SMEs to answer is how to set prices that are both competitive and profitable. After all,...... Topic: pricing pricing strategy retail SME
May 9, 2018 3 Minute Read 6 Pricing Challenges Facing Retailers Pricing strategically is at the heart of all retail competition, but pricing products is no easy task. Getting it wrong can have...... Topic: pricing pricing strategy retail
December 5, 2017 3 Minute Read Discount Pricing Strategy Explained A pricing strategy is an important element of a lucrative business. More than any other element, a pricing strategy directly imp...... Topic: discount pricing inventory control pricing pricing strategy profit margins
November 6, 2017 2 Minute Read What Is the Difference Between Tiered and Volume P... Tiered and volume pricing are both great ways to target an audience and encourage consumers to spend. However, the terms are oft...... Topic: business strategy inventory control pricing strategy
October 23, 2017 2 Minute Read Why and How Should Businesses Give Trade Discounts... There are advantages and disadvantages to offering trade discounts. Among other things, trade discounts can improve cash flow, g...... Topic: business strategy pricing strategy trade discounts
October 13, 2017 3 Minute Read How Your Pricing Strategy Affects Customer Satisfa... A business’ pricing strategy can be make or break when it comes to keeping your customers satisfied. Intuitively, higher price...... Topic: customer satisfaction inventory management pricing strategy
August 31, 2017 3 Minute Read Pricing, Quality, Perception and Profits: A Comple... Despite the impetus of most companies being to make money – more, more money – there is a significant gain to be had from al...... Topic: customer satisfaction customers pricing pricing strategy
August 10, 2017 2 Minute Read Five Reasons to Consider Trade Discounts A trade discount is a variable reduction on the wholesale list price. Manufacturers and wholesalers typically publish a single p...... Topic: customer behaviour customer retention customer satisfaction inventory management pricing pricing strategy supplier relationship
August 8, 2017 3 Minute Read 3 Factors of Pricing and Customer Perceptions Settling on a pricing strategy is a key decision that small businesses have to make. The decision is an important one as the pri...... Topic: business management pricing pricing strategy