At one point, online shopping was a futuristic concept. Now, retail sales promotion strategies include an e-commerce platform, especially during the pandemic. Consumer trends show that people are scaling back their patronage of brick-and-mortar establishments. Online shopping has increased by 15-20% in China and 81% in…

We frequently discuss how online retailers can use pricing to increase revenue or combat inflation. But what about traditional brick-and-mortar stores? While it is true that many people have shifted to online shopping in recent years, physical stores should not be downplayed. Pricing will also play…

Professional sports team franchises are currently one of the most valuable assets in the world. Forbes claims that the world’s 50 most valuable and profitable sports team franchises are worth a combined $222.7 billion, 30 per cent more than a year ago, the biggest jump in…

Tesla’s prices are pretty unique in the automobile industry. This is due to the fact that they are subject to a floating pricing strategy. What exactly is the pricing strategy of Tesla? First and foremost, it is a new approach invented by Musk to allow the…

The use of dynamic pricing is rapidly increasing. As a result of the highly competitive interest rate environment and inflation, even lending institutions are improving their capabilities in order to make dynamic pricing a more suitable loan pricing model for their business.   >Download Now: Free…