4 Pricing Strategies and Methods for Better Retail Execution
Inefficient pricing is one of the greatest missteps that an emerging brand can make when crafting retail pricing strategies. It isolates consumers who would otherwise be trying your product for the first time, and can hurt your bottom-line retail sales early on. While determining your margins and setting a price based on the profits you hope to make is an attractive option, it is not a realistic one. Ensuring that both you and your..