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Ecommerce Pricing Strategies for 2021

Top 10 Ecommerce Pricing Strategies you should be aware of in 2021
Free tutorial
Rating: 4.4 out of 5 (13 ratings)
1,263 students
50min of on-demand video
English
English [Auto]

You'll learn the Top 10 Ecommerce Pricing Strategies to sell your Products or Services
You'll learn the Pricing Strategies that companies like Apple, Amazon and Ryanair adopt
You'll learn the differences between Cost-Based pricing and Value-Based Pricing and what's ultimately better for your Ecommerce Business
You'll learn how airline companies adopt Dynamic Pricing strategies to boost their Revenue and how you can do too

Requirements

  • No prior experience or skill required for taking this online course.

Description

An effective pricing strategy can make or break your ecommerce business.

  • Do you set prices low to stay competitive but reduce profits?

  • Or, do you set higher prices but risk missing out on as many new customers?

Using the right pricing strategy for your ecommerce business can help scale your business and grow your revenue and profits. Although product pricing is a difficult task, there are ways to identify the right pricing strategy that fits your business.

An ecommerce pricing strategy is a well thought-out plan that helps determine how you accurately price products to increase sales and profits while staying competitive. Different ecommerce pricing strategies are used depending on the type of products sold, product demand, and competition.

Today we follow our favorite brands on Instagram, set eyes on a product and locate where it’s sold in seconds.

And we have too many options. Options that sell identical products at different prices.

Pricing fails when it’s taken as a dull task within an e-commerce company. When taken seriously and handled in smart ways, it turns into a secret and very effective marketing tool.

Many times, an ecommerce pricing strategy is based on the target audience, what your ideal customers are willing to pay, and where they currently shop for similar products. The right pricing model will come down to what shoppers are willing to pay for your product based on several factors, such as brand reputation, demand, and competition.

Who this course is for:

  • Beginner digital marketers
  • Ecommerce Experts
  • Marketing agencies
  • Online Entrepreneurs
  • Home business Owners
  • Ecommerce enthusiast
  • Pricing strategy experts

Instructor

Marketing coach
Alessio Lorandi
  • 4.0 Instructor Rating
  • 883 Reviews
  • 25,387 Students
  • 18 Courses

Currently working as an SEO content writer & website builder.

I'm so passionate about everything related to digital marketing but most importantly, performance and AI marketing.

I run a blog with over 225 articles and it's steadily growing month by month.

Leave me a message if you're looking for ways to improve your website's traffic :)


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