Whether you run an online store or a brick-and-mortar business, you usually compete with all retail businesses – both online and offline. That said, if you want to be successful in this competition, you need to have access to pricing information coming from both online and offline channels. That’s what offline price monitoring is all...
Inventory turnover rate and goods rotation: fast-moving and slow-moving items – Why are some of your products not selling?
Category: E-commerce management
Are you scratching your head, wondering why some of your products are not selling? If so, you may want to look into how quickly goods move from the warehouse and forecourt shelves in inventory turnover. The faster goods move off shelves, the higher the profits can be, while slow-moving items can have a significantly detrimental...
Should your offer always be the cheapest? The pros and cons of a low-price strategy in e-commerce
Category: Pricing strategies
The e-commerce landscape is becoming increasingly saturated, and competition amongst online retailers is intensifying. Companies are looking for novel ways to stand out from the crowd, differentiate their brand, and attract customers. One of the key approaches many have embarked on is reducing prices across their product ranges in order to increase sales by appealing...
Getting the e-commerce pricing right for startups: 7 factors to consider in your pricing strategy
Category: E-commerce pricing trends
Pricing is one of the most critical success factors for any e-commerce business, especially for startups. As a retailer with your new online shop, you want to get it just right from the start — setting prices that drive customers to buy yet remain profitable and sustainable in the long run. In this blog post,...
Optimizing Google Shopping Ads – 10 Ways You Need to Know
Category: E-commerce
As an eCommerce store owner or a digital marketer, you should know the importance of advertising your products on Google. Optimizing Google Shopping Ads is an excellent way to increase visibility, get higher click-through rates, and ultimately drive more sales of the products you want to advertise. Here, we’ll show you how to optimize Google...
Zalando Marketplace – The Ultimate Guide
Are you looking for the best way to increase your ecommerce sales? Zalando Marketplace can be an excellent solution, offering access to a vast global network of buyers and sellers. In this guide, we’ll discuss what Zalando Marketplace is and how you as an ecommerce company or a retailer can use it to reach new...
Price monitoring, dynamic pricing and repricing on Zalando: How to monitor your competitors’ prices on this e-commerce platform?
Zalando is a leading e-commerce platform that offers an extensive selection of fashion, footwear, and lifestyle products. With its growing customer base and advanced technology solutions, Zalando is quickly becoming one of the most popular e-commerce stores in Europe. Therefore Zalando marketplace is becoming a highly competitive space where businesses are constantly looking for ways...
Competitive Pricing Analysis – stay ahead of your competitors
Category: E-commerce pricing trends
Successful pricing results from many different factors – the quality of your products, your market positioning, and the prices your competitors offer. Competitive pricing analysis can help you understand what can be done to ensure the highest possible profit. This is one of our platform’s features, and that’s what we want to discuss in this...
E-commerce in the age of AI: Sales Automation Guide
Category: E-commerce
Artificial Intelligence is not only a trendy buzzword on everyone’s lips lately but – above all – an effective solution for many industries, including e-commerce. How can you use this fascinating technology to grow sales? With AI-driven technologies, you can achieve much more efficient and successful e-commerce sales. In this post, we’ll look at the...
Sustainability in e-commerce: 5 eco-tips for your online store
Category: E-commerce
According to the latest reports, over 50% of digital consumers in Europe are concerned about the environmental impact of online shopping. Regardless of whether the topic of ecology is something that takes your mind or something rather irrelevant – this is a number that we should not ignore. So what’s the idea of sustainable development...