What is a High Low Pricing Strategy in Retail? Find the ideal price for your product.

A high-low pricing strategy is one that runs a substantial gap between the regular or listed price of any product and its promoted price. The high-low method is a retail price optimization strategy adopted to give consumers the perception of a bargain without any compromise on the perceived value of the brand.  The most important… Continue reading What is a High Low Pricing Strategy in Retail? Find the ideal price for your product.

Maximize profits with Retail Price Optimization

What is Retail Price Optimization? Customers are comparing prices all the time and across channels –  online and offline. They have apps that suggest discount codes and they are always looking for offers that give them the most value for their money. Even in such a time of changing consumer behaviour, unfortunately, many retailers rely… Continue reading Maximize profits with Retail Price Optimization