Mastering Seasonal Pricing: Boosting Sales with Timely Adjustments
The importance of seasonal pricing cannot be emphasized enough, as most shoppers are always on the lookout for the best deals and tend to delay their shopping until the onset of seasonal campaigns. As consumer behavior fluctuates with holidays, festivities, and changing weather patterns, strategic adjustments to pricing can be a powerful tool for boosting […]
Preparing for Black Friday with Software: What’s Left for Ecommerce Merchants
Black Friday, one of the most significant shopping events of the year, is just around the corner. Ecommerce merchants eagerly await this day to boost their sales and revenues. To make the most of this opportunity, you need a well-thought-out pricing strategy and upgrade this year’s black friday with software. How can you prepare for […]
5 Shopify Discount Mistakes to Avoid: A Shopify Seller’s Guide
Mastering Shopify Discounts: Avoid common pitfalls and boost sales with effective strategies in this comprehensive guide.
4 Unconventional Pricing Strategies: Thinking Outside the Box for Online Success
Traditional pricing strategies like discounts and BOGO deals are effective but can become commonplace and may not yield the desired impact. The e-commerce field is so competitive that you have to constantly seek innovative ways to drive online success. But the question is: how can you stand out from the crowd? In this blog post, […]
Using Discounts and Promotions Effectively on Shopify
Discounts and promotions are the magic wands of Shopify merchants, casting spells to enchant new customers, ignite repeat purchases, and boost revenue to new heights. But here’s the secret: the key to their power lies in thoughtful implementation. So, get ready to embark on a journey through various discount and promotion strategies, designed to help […]
The Power of Discount Pricing: Boosting Sales and Analyzing Hidden Costs
Discounts play a significant role in driving sales and attracting customers. However, it’s essential to understand the true impact of discounts on your overall profitability. In this blog post, we discuss the importance of discount pricing, analyzing hidden costs, and leverage the margin waterfall calculator to optimize your discount strategies. Mapping Offered Discounts When it […]
How to forecast discount campaigns with forecast module
Discount campaigns can be a powerful tool in a marketeer’s arsenal, driving customer engagement and sales volumes while moving inventory. However, executing successful discount campaigns requires careful planning and precise forecasting to ensure the right balance between promotional offers, profitability, and supply chain effectiveness. In this post, we’re going to examine how you can use […]
Pricing Automation for a Consumer Electronics Retailer
Streamlined pricing processes with pricing automation How did Lumise, a prominent Consumer Electronics Retailer, achieve significant cost-savings and received streamlined pricing processes with our pricing automation solution Consumer Electronics Omnichannel Europe FREE SHOPIFY TRIAL Close 5/5 Kari Kauhanen CEO A must have tool for modern Ecommerce companies. Lumise Lumise is a prominent Ecommerce retailer that […]
Unlocking Success: Leveraging Demand Forecasting for Optimal Discount Campaigns
Offering one-time discounts or setting products on sale for a longer period during a campaign can be an excellent way to encourage consumers to try new products or services, move inventory or boost sales. However, discount campaigns can be challenging to execute effectively. If you do not properly plan and execute your discount campaign you […]
Conquer Your Campaigns: Pros & Cons of Bundling and Cross-Selling
As a business owner or marketer, you’re always looking for ways to increase sales and profits. One way to achieve this is by doing bundling or cross-selling your products. These pricing strategies can be effective, but just like all pricing strategies, they also come with their own pros and cons. In this article, we’ll explore […]