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Navigate the intricacies of pricing strategy formulation with our step-by-step guide. Understand market dynamics, cost and competition analysis, and how to apply optimal pricing strategies for increased profitability.

Discover strategies for effective product assortment analysis and optimization. Learn about ABC/XYZ analysis, profitability metrics, the impact of seasonality, and the necessity for regular assessment. Enhance your retail business's performance with our comprehensive guide.

Discover how the RACE (Reach, Act, Convert, Engage) framework can help your business understand and enhance the customer journey. From raising brand awareness to nurturing customer loyalty, explore each stage with detailed actions and key performance indicators. Start optimizing your marketing strategies with our comprehensive guide.

Explore essential strategies to turn a business crisis into an opportunity. This article outlines 10 steps for dealing with crisis effectively, from analyzing competitor prices to warming up your leads database. Learn how to optimize your marketing approach, reassess your pricing strategy, test advertising channels and hypotheses, and more. These proven tactics can help businesses thrive, even in challenging times.

Explore the AARRR framework, a highly effective tool for startups to understand and enhance their user journey. This comprehensive guide helps you analyze Acquisition, Activation, Retention, Referral, and Revenue metrics, optimize marketing efforts, improve product metrics, and fuel your business growth.

Enhance your business decision-making with our comprehensive guide on selecting the best price monitoring service. Learn how to correctly set up data collection, ensure high-quality monitoring, and stay ahead of your competition with accurate, timely data.

Explore how to transform your marketing strategy into a comprehensive pricing strategy with the SOSTAC model. Dive into the six elements of SOSTAC and learn how to apply them effectively for a well-rounded, robust pricing strategy.

Explore strategies and tools that enable efficient monitoring of competitor pricing, product availability, and social media activities. Understand how automation can help pricing experts make informed decisions and optimize pricing strategies for business success.

Explore our comprehensive guide on the bullwhip effect and its impact on supply chain management. Learn strategies to mitigate this effect for efficient operations.

A definitive guide to the marginal cost pricing strategy: how it works, the formula for setting product price, its pros and cons, and recommendations for businesses.

A pricing engine is a software management tool that uses data-driven algorithms to optimize prices in real time, helping businesses develop a dynamic pricing strategy.

Geographical pricing means establishing various product prices for different locations, accounting for the differences in the cost of production and transportation.

If you are wondering how to maximize profit from product sales or how to attract customers in different markets, then dual pricing is the solution that you need.

Revenue management allows you to use your resources as efficiently as possible and increase your company's revenue by making attractive offers for customers.

Read about the 8 most common checkout mistakes and how to fix them. Improve your checkout page, attract customers, increase sales, and increase revenue.

In this article, you will learn everything about dunning management: advantages, strategies, and application tips. Study the dunning process and prevent involuntary churn.

Customer-based pricing is the concept of setting prices for products based on consumer perceptions of product value, considering demand and willingness to pay.

One of the simple and effective pricing strategies is cost-plus pricing. Find out how to apply it, in which areas, and also with which strategies it can be combined.

The most effective way to form a fair price for real estate is hedonic pricing — a pricing model that includes all the factors needed and creates a fair price.

Learn about the types of Google Shopping feeds and how to provide precise product data to Google Merchant Center and improve the shopping experience for your customers.

Find out the definition of a price taker, and get some examples in a competitive market and in a monopoly. Which companies are price takers and which are price makers?

Is your business suffering from slow-moving inventory? Find out how to get rid of it and avoid unnecessary expenses for the maintenance of unclaimed goods.

Find out how category management works in retail, why it is used for managing product segments and procurement, and what tools can help with pricing and strategies

What is customary pricing, what is used for, using customary price as a strategy, examples of customary pricing.

Discover insights on how to inform customers about a price increase for products or services and retain loyalty. Get tips on writing a price increase letter or notice.

Find out what product codes are, what sorts of identification numbers are used in different countries and industries, and how to use unique codes in retail.

A detailed guide to the marketing mix strategy: its definition, the roles of the four major elements (product, price, place, promotion), alternative versions, and examples.

Everything you need to know about price variance: formulas to calculate it, how it helps to define the optimal cost of items, and how to interpret it.

An all-round guide to the multiple unit price formation strategy: examples of products and services, types and use cases, pros and cons, and ways to implement it.

The ultimate guide to price makers: how sellers dictate market pricing as monopolies, examples of price makers, and the adverse effects of this phenomenon.

Sales are falling, but competition is growing? The first thing to do is to identify the causes. Out of 10 reasons for low sales, you will be able to find your case and overcome the problem.

Basket based pricing is a great way to increase sales and make customers more loyal to your business. Learn how to apply this strategy and improve your bottom line.

Want to implement a dynamic pricing strategy? Read our guide on the time-based pricing method in online retail: how it works, ways to implement it, and its advantages and risks.

How to boost the revenue of your business? Use the yield management pricing strategy – this guide explains how it works, what benefits it brings, and how to use it.

How to use psychological tricks to boost sales? Odd-even pricing is one of the most essential techniques – find out how to use it.

Detailed guide to behavioral pricing: examples, structure, principles, and explanation of how customers can react to price changes.