We entitled this blog post “Psychological pricing – HOW does it work?” for a reason. Today, no one doubts that diverse psychological pricing strategies do work and help you attract more customers. In fact, thousands of online stores worldwide use them extensively to sell as many products as possible at the prices bringing the highest...
Competition on Google Shopping vs Ceneo: Dealavo Report
Ceneo and Google Shopping are undoubtedly one of the most popular e-commerce platforms in Poland. In the past, retailers focused primarily on making their products available on Ceneo – this was because of the high popularity of the Polish comparison platform with the consumers. Nowadays, however, it has become common to check out offers on...
Sales funnel in e-commerce – how to build it and use it?
Category: E-commerce, E-commerce management
How to effectively attract customers to an online shop? This is a question frequently asked by many e-commerce sellers. Generating site traffic is not enough. To turn visitors into paying customers, you have to build an effective sales funnel. What is a sales funnel and how to use it to improve sales? How to build...
Your offer in Google Shopping – Costs and conditions in a nutshell
If you’ve ever looked for a specific product in Google, you certainly saw the Google Shopping ads presented in the SERP (Search Engine Result Page). Google Shopping is, in essence, a comparison shopping engine. Its main purpose is to help customers using Google find the products they want and purchase them without browsing tens of...
Ceneo.pl – what do you need to know about fees and commissions?
Ceneo is a Polish price comparison website that allows online stores to present their offer to millions of customers. On the other hand – it allows the customers to find the product they are looking at the lowest price. Currently, there are over 26 thousand registered stores on the platform and the total number of...
Pricing strategies in e-commerce
Category: Pricing strategies
If you analyze pricing strategies in e-commerce, you can discover some trends. Certain brands are always the cheapest on the market, while others tend to reduce the prices of newly launched products only after a specific period of time. The differences can also be found in the method of product distribution – some brands offer...
Which country is the new e-commerce leader?
Category: E-commerce
In February, the new leader of the B2C E-commerce Index of the United Nations Conference on Trade and Development was announced. Every year, several factors are measured to determine the country with the highest readiness to engage in e-commerce. Which country surpassed the Netherlands in 2020? In 2019 and 2018, Netherlands was the leader of...
How does price elasticity of demand influence e-commerce business?
Category: Pricing strategies
Price elasticity of demand is one of the most important retail business measures. This value says a lot about consumers’ reactions to price fluctuations, which is a significant help for all the online shops. Good understanding of correlation between pricing and demand helps to optimize pricing strategy and win customers’ loyalty. Read our article to...
Price discrimination: Definition, degrees, and examples
Category: Pricing strategies
Price discrimination is an extensively used pricing strategy that, like all others, has one main purpose – to maximize the profits. Typically, we can speak of three degrees of price discrimination. What is this technique all about? And what should you keep in mind when setting prices in your store? In this article, we want...
Integrations for automatic price setting in an online shop
Category: News and press releases
If you own an online shop, you should adjust your offering and prices to the dynamically changing market situation. In February 2021, Dealavo provided new possibilities of integrating data from the price monitoring platform directly into ERP systems and shops as a part of Counter-Price package. How does price automation work in an online shop?...