pricing models

Markup Methods in Retail: Choosing the Right Approach to Maximize Profitability

Learn how to choose the right markup method in retail to increase profitability. Explore techniques, tips, and examples for maximum…

2 years ago

Using Dynamic Pricing Strategies in Retail

When consumers buy a product regardless of price increases (like cigarettes and fuel), they are considered inelastic. In contrast, elastic…

2 years ago