pricing

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

More on Penetration Pricing

One of the most common examples of penetration pricing is 'buy one get one free', where you offer an item…

2 years ago

Exploring the Pros & Cons of Shopping on the Web

Are you considering making an online purchase but not sure it's a safe decision? See what the advantages and disadvantages…

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