Pricing Strategy Posted on May 16, 2017 How Often Should You Adjust Your Pricing? Every business that seeks to achieve maximum levels of profitability needs to think carefully about its pricing. Specifically, it needs to think about how often to change its prices. Once…
Pricing Strategy Posted on May 10, 2017 Your Competitors Already Know This About Your Pricing Strategy Keeping an eye on what your competition is doing is a great way for growing your business. Identifying who they are and what they are offering can prove invaluable to…
Product Pricing Posted on May 9, 2017 Pricing Benchmarks: Where Do You Stand? Let’s start off with the basic definition – what are pricing benchmarks? It’s the process of comparing your prices to the prices of the competition in a specific market segment….
Competitive pricing Posted on May 3, 2017 Practical Ways to Define Pricing Objectives for Business Growth We all know that pricing is more than a number on a tag. It reflects how a business defines value, competes in the market, and supports its long-term objectives. As marketing…
Pricing Strategy Posted on Apr 27, 2017 Want A Thriving Business? Focus On Pricing Methods! On its own, opting for a pricing method to follow your business strategy is equally difficult and important task. After all, it’s part art, part science. Deciding on the amount…
Pricing Strategy Posted on Apr 12, 2017 Is Your Pricing Enabling A Healthy Profit Margin? When a business sets its pricing policy, it looks to both make and save money while ideally increasing profit margins. This is an ongoing process that demands constant commitment through…
Pricing Strategy Posted on Apr 12, 2017 3 Competitive Pricing Secrets You Never Knew As pricing goes, competitive pricing is one of four major ways (the other three being cost-based, value-based and demand-based) how businesses set and develop their pricing policy. Basically, with respect…
Merchandising Posted on Feb 2, 2015 From the Runway to the Roadway: The Vero Moda India Story These days, whenever one looks at the huge store front of the Vero Moda store, Mumbai, there is, almost always, a sale going on. With so many offers, discounts and…