5 Ways to Increase Your Shopify Store Profit

5 Ways to Increase Your Shopify Store Profit

The eCommerce space is quite challenging. Even for established businesses worldwide is hard to find new ways to increase Shopify store profit. They need to rely on some economic standards and strategies to ensure profitable outcomes for the company. However, this pandemic has encouraged retail businesses to sell online without designing a structured plan. However, […]

Velocity Pricing: Definition & Effectiveness

Velocity-Pricing-Definition-Whether-its-a-Winning-Strategy

Velocity pricing is one of the essential practices for setting various services and product prices per their sales velocity. As it is related to the speed at which a particular product is sold, the slower velocity may lead to a higher price. Big data allows organizations to analyze various aspects of the business. It is […]

Google Shopping optimization – Best Practices

Google-Shopping-Optimization-Best-Practices

Shopping campaigns are always suitable for eCommerce companies. But to succeed, business owners must set up a solid strategy and understand how to create a Google Shopping Optimization for their store. A few important aspects can contribute to the success of product advertising campaigns on Google. The first task is creating an appropriate data feed; […]

Is Price Matching the Right Strategy for You?

Price-Matching-Pros-&-Cons

Consumers are always interested in buying products at the best price. Therefore, price is usually the ultimate factor in purchasing decisions. Usually, retailers or vendors are advised to follow the price matching strategy that can improve productivity in the long run. It can further promise better productivity, higher investment returns, and enhanced customer loyalty. Studies […]

How does Lacking Pricing Intelligence Harm Your Store?

How-can-a-Lack-of-Price-Intelligence-harm-your-business

Pricing intelligence is usually about finding the most profitable price for your products on your online eCommerce store. If you are selling products online, you may also have several competitors in the market. In this scenario, it is necessary to have the right price for the offered product so that you can easily capture modern […]

How to Sell on Google Shopping with Shopify?

selling-on-google-shopping-with-shopify

Reports reveal that selling on Google Shopping may appear as a unique product discovery experience for the end users. Google Shopping introduces a convenient way to handle research purchases along with information about various products, their price ranges, and associated features. Moreover, it promises more accessible connections to buyers from Shopify to Google shopping. The […]

How to Prepare Your Shopify Store for Black Friday & Cyber Monday Shoppers In 2022

Cyber Monday and Black Friday

Cyber Monday and Black Friday are the two most anticipated and widely recognized shopping holidays worldwide. As they will increase the traffic on your store abruptly online, it is essential to start preparing for the event ahead of time. If executed well, these important events can increase your revenues by a considerable level. Stats reveal […]

How to prepare your shop for Black Friday and Cyber Monday?

Black Friday and Cyber Monday

The holiday season is about to arrive, and It’s a good idea to find reliable ways to capture the audience’s attention. The major attraction of the season for the eCommerce stores is black Friday and cyber-Monday. Customers expect the best deals on these two events, and they are ready to shop more. But the business […]

What is Minimum Advertised Price (MAP) And How To Enforce it?

Minimum Advertised Price (MAP)

Minimum Advertised Price (MAP) is a specific policy developed by the brand or manufacturers of a particular product. As per the policies, businesses can advertise their products at the lowest price point mentioned in the pre-set policy. When brands follow this standard strategy, they are likely to earn reasonable profits. They are likely to gain […]

How to Conduct Competitive Pricing Analysis and Why You Must?

Competitive Pricing Analysis

Business owners keep on making strenuous efforts to capture audience attention towards their niche. However, many of them forget to prioritize competitor discovery and monitoring to guarantee success for their business. Studies reveal that buyers are always interested in investing in products that are available at a discounted price. Consumers like to find the best […]