Disadvantages of Sales Promotion Businesses Cannot Ignore 👩🏼🍳
A shopper steps into a store, drawn to an elegant sofa. The price is higher than expected, but its quality and design seem worth it. Then, a thought creeps in: What if it goes on sale? The shopper hesitates, waiting weeks for a discount that never…
How to Boost Your Holiday Profits with Anchor Pricing Strategy 🎁
The holiday season is the prime time for retailers to make big sales. With so many shoppers on the hunt for gifts, it’s a golden opportunity. But with fierce competition, standing out can feel like a challenge. You want to offer great deals, but you don’t…
Is Apple’s iPhone Pricing Strategy a Game Changer or a Big Mistake? 📱
Apple iPhones are everywhere, aren’t they? We see them in cafes, at meetings, in classrooms. But have you ever paused to wonder: why are iPhones so expensive, and why does the price keep rising with every new model? Apple’s pricing strategy fascinates many, from regular customers…
Can McDonald’s New Pricing Strategy Win Customers Back? 🍔
What’s McDonald’s new pricing strategy now that the business is losing traffic year on year? Does McDonald’s healthier menu options really give customers what they want – or should they be removed from the menu altogether? How well is McDonald’s faring against newer, on-trend competitors like…
Can Retailers Successfully Use AI Tools for Value-Based Pricing? 🤖
Retailers are using AI pricing tools more and more to improve their competitive pricing strategies. AI tracks competitors’ prices in real-time, helping businesses adjust their own prices to stay ahead. It allows for quick changes based on the market. Many companies think AI will help them…
