Author: Marijana Bjelobrk

Price Management

Price Management | Beginner’s Guide

August 16, 2024 in Best practices in price monitoring
4
Reading Time: 5 minutes

Price management isn't just about setting a price and hoping for the best. It's a dynamic, multifaceted strategy that involves understanding costs, customer perceptions, market conditions, and competitive landscapes. Effective price management can make or break an online business, affecting everything from profit margins to...

pricing tiers

Tiered Pricing – Pricing Strategy For eCommerce Success

July 25, 2024 in Best practices in price monitoring
4
Reading Time: 6 minutes

Shopify, a leading eCommerce platform, successfully utilizes a tiered pricing model to cater to businesses of all sizes, from startups to large enterprises. By offering different pricing tiers, Shopify provides tailored solutions to meet the varying needs and budgets of its diverse customer base. We have...