Inflation and increased manufacturing costs of consumer goods have made it necessary for many businesses to reconsider their pricing strategies in order to remain profitable. Many consumer goods companies, like P&G, are now seeking to maximise their revenue by implementing a price increase strategy. Price hikes…

What to do when your competitor lowers their prices? Should you be concerned about losing your customers to them? Some companies believe that they can benefit from monitoring their competitors’ prices. Keeping tabs on competitor pricing allows businesses to identify areas of opportunity and empowers them…

Reaching out to an international target market can be a challenge for many marketers. Hubspot’s recent report revealed that 65% of marketing teams prioritise international market strategies. Yet, they still face issues with the value creation concept. Marketing teams grapple with challenges like content or campaign…

Food companies are not usually known for being reluctant to raise their prices when necessary. However, there are reasons why increasing food prices may also impede profit growth. In the retail food industry, many enterprises continue to raise prices to offset the negative effects of declining…