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Dynamic Pricing: What Is It, Why Use It, and How to Implement It

Wiser

What is dynamic pricing? Simply put, dynamic pricing is a flexible strategy to price your products based on a variety of factors, including market demands, price bounds, and seasonality. Like dynamic pricing itself, the definition is more complicated than it may at first appear.

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Integrate Pricing, Promotions and Markdowns to Drive Profitability

Retail TouchPoints

But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success. For example, the base price for organic produce will likely be very different in New York City than in Florida because overall cost of living is significantly different in these areas.

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Year in Review: The Top 10 Wiser Blogs of 2021

Wiser

We covered pricing tips, in-store execution, eCommerce ideas, shopper behavior, and much more. How to Conduct—and Win—a Competitive Pricing Analysis. A successful pricing strategy starts with a strong competitive pricing analysis. Dynamic Pricing: What Is It, Why Use It, and How to Implement It.

Blog 147
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The Future of the Store Mannequin: Diverse, Digital and Data-Driven

Retail TouchPoints

That is why global innovation agency Outform is reimagining the store mannequin by combining 3D-like hologram tech, dynamic content and real-time data into one robust experience. “In Then, they need to think about how these factors align with the digital content shoppers get through their smartphones.”

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How to Use eSports Marketing to Grow Your B2C Reach

Kissmetrics

What Is eSports Marketing? Why eSports Marketing? Why would a B2C business want to choose eSports marketing over another strategy? How do you use it? Now that you understand the power of an eSports marketing strategy, you need to know how to implement it. Dynamic Ads. Things have quickly changed.

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Pricing Tools Explained: Which Option Solves Your Pricing Challenges?

Wiser

The world of pricing can be a little complicated. You have to satisfy demanding customers who expect the best price at all times and be agile enough to change your prices on the fly if the market requires it. As a result, a massive industry of pricing-related tools has emerged. Gathering Pricing Intelligence.

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Why You Should Monitor Competitor Prices

Wiser

For a growing business, manually monitoring competitors’ prices across multiple products and channels is not only difficult, it’s nearly impossible. But there’s no question that knowing your competitors’ prices is absolutely vital to the success of your business. This is where competitor price monitoring comes in.