We write in-depth about eCommerce, price monitoring and pricing strategies.
Types, Pros, and Common Misconceptions Agile software development methodology was inadvertently introduced in the year 1957. Its roots originated when computer scientists Gerald Weinberg and John Von Neumann used an incremental development approach for developing IBM and Motorola software. Decades later, the agile software development methodology...
As per Statista, the online grocery delivery business will see huge growth in 2021. The major reason for this growth is the growing online options. Nowadays, online options are more accessible, convenient, and save time; consumers are more than willing to order from on-demand grocery delivery apps. What are on-demand Grocery...
You haven’t even properly started, and hard decisions need to be made. One of them is choosing the right pricing strategy. Now, you’ll usually hear that shoppers love lower prices. That’s not a lie, but is everyone really only looking for a cheap product? There...
Not many terms cause the amount of confusion like the price point. Most of the time, people are not sure if they should use price point or simply “price” to describe what they have in mind. Price is a wider term than price point, and...
Let’s talk about a topic that’s not so pleasant. Competition. It doesn’t matter if you’re a brand or a retailer, or even the industry sector that you’re a part of. Competition is present everywhere. The business goals may differ from company to company, but the common ground...
Saas industry is growing rapidly. We all saw the new normal workplaces while we were working from home. Our dependency on softwares like a tracker, productivity manager, attendance, etc went to our fingertips. As a product owner of any SAAS business, it is very easy to...
Using psychology in pricing is not a new strategy. Retailers have always been using different tricks to ensure their products sell well. Over time, some Psychological Pricing Strategies showed better results than others, and what was a good profit-making marketing and pricing strategy in the...
New beginnings are not always easy. Even when the new market is not oversaturated, making your way around it can be challenging. However, having the help of a price monitoring tool will make this a less bumpy road. Price monitoring tool has become indispensable for retailers...
In overcrowded industries, making the selection among products becomes very challenging. Products are inevitably becoming more similar, therefore, the customers primarily distinguish them based on the price. Usually, the outcome of this situation is a price war. But, are price wars really inevitable, or is...
Price2Spy has prepared another useful feature - URL notes. Our team has occasionally received inquiries regarding the possibility of leaving notes/comments when entering a new URL in the Price2Spy account. From now on this feature is enabled both for the existing clients, as well as...