How to Use Price Intelligence to Improve Your Pricing Strategy
Deep discounting is a promotional pricing strategy that can help online retailers create a sense of urgency and encourage customers to make a purchase before the promotion ends. This strategy can be particularly effective for seasonal items or products that are popular during certain times of the year. Offering everyday low prices can also help online retailers build customer loyalty and attract price-sensitive shoppers who are always on the lookout for the best deals. A pricing intelligence platform like PriceIntelGuru can help businesses implement successful discount pricing strategies.
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