BLOG

We write in-depth about eCommerce, price monitoring and pricing strategies.


How Psychology of Buying Shapes eCommerce Success

Understanding the “Why”: How Psychology of Buying Shapes eCommerce Success

December 12, 2024 in Best practices in price monitoring
0
Reading Time: 4 minutes

Did you know that 95% of purchasing decisions are made subconsciously? This remarkable statistic underscores the power of understanding consumer behavior. For eCommerce businesses, tapping into the psychology of buying isn’t just a nice-to-have, it’s a must for creating compelling customer experiences, optimizing pricing, and...

The Psychology of Price Takers: How Consumers React to Market Forces

November 05, 2024 in Guest post
0
Reading Time: 8 minutes

The turbulent market environment causes hyper-competition, which in turn imposes new market rules. Companies are no longer focused on the entire market, but on each consumer, which requires knowledge of psychology. More precisely, the psychology of human behavior and, in turn, psychological pricing strategies. The...