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Price skimming – a strategy for innovative brands

What do you think about lowering prices instead of increasing them? This is what price skimming is all about. Companies that create innovative products, in most cases, initially set high prices for them when they are introduced to the market for the first time, and then, as their products become outdated or replaced, gradually lower...

The advantages and risks of dynamic pricing at Kaufland.de

Anyone who sells goods online in Germany will undoubtedly have come across the Kaufland.de marketplace, where retailers can advertise their products for a commission. Next to Amazon, the largest sales platform in the world, Kaufland.de is often forgotten by sellers, yet this marketplace offers a lot of sales potential, especially in Germany. Source: https://www.kaufland.de/seller-signup/ With...

Top Must-Have Integrations for Shopware to Boost Your Online Store’s Performance

Shopware, a leading e-commerce platform, offers a rich ecosystem of integrations that can catapult your online store to new heights. Minding the fact that the e-commerce world is really flexible and can change drastically over months, sellers should stay nimble and adaptive. This is where various integrations come into play. By seamlessly integrating various tools...

Fixed Costs vs. Variable Costs – How to Optimize Them in E-commerce?

In the dynamic realm of e-commerce, mastering cost optimization is a game-changer for businesses seeking growth and competitiveness. Fixed and variable costs can influence businesses’ profitability and market standing. We’ll try to uncover the secrets of cost optimization in e-commerce, and explain how it can propel your business toward greater profitability and success. In this...

Repricing Guide: What it Means, How it Works

Are you confused about what repricing actually is? Do you know how it works and the implications of using a repricing strategy in your business? Don’t worry–we understand this can be tricky to wrap your head around. That’s why we’re here to remove all the mystery surrounding repricing and explain precisely what it means and...

How to Increase Your Distribution Scope: A Guide for E-commerce Retailers and Manufacturers

Product distribution plays a crucial role in determining the success of retailers and manufacturers in today’s e-commerce world. Here, we will try to cover the key strategies that will expand your product distribution in e-commerce and maximize your growth potential. Source: https://neilpatel.com/blog/distribution-channels/ A well-structured distribution scope is the key to unlocking potential growth, extending market...

price-skimmingprice-skimming

Price skimming – a strategy for innovative brands

What do you think about lowering prices instead of increasing them? This is what price skimming is all about. Companies that create innovative products, in most cases, initially set high prices for them when they are introduced to the market for the first time, and then, as their products become outdated or replaced, gradually lower…

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Competitive Intelligence Tools in a nutshell – all you need to know about Competitive Intelligence but were afraid to ask

Competition is a core of every industry – you like it or not. As there are more and more emerging opportunities, for example – in the e-commerce field – the competition is becoming fierce. Therefore, business owners are looking for solutions they may use to outperform their competitors. That’s where competitive intelligence comes in handy….

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omnichannel toolsomnichannel tools

Best Omnichannel Tools for Your Brand you need to know in 2023

Today’s customers are highly varied in how they shop, choose products and decide whether they want to buy stuff from one company or the other one. The more technology advances, the more picky buyers get and expect retailers to offer more and react faster to their needs. These days every point of contact that customers…

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Cart Abandonment Strategies: 6 Ways to Fine-tune Your Cart Recovery Approach

This article was created in collaboration with targetbay.com. Cart abandonment is an obvious scenario when it comes to eCommerce. It happens very often and it has now become a part of the consumer purchase journey. There is no amount of over-exaggeration in that statement considering the fact that 3 out of every 4 people who…

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