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On Pricing, Discounting, and Value

Partners in Excellence

There are two retailers I’m fascinated with. All are premium priced and have the brand image of the most expensive, prestigious brands in the world. They sell low priced products, typically around $1 (Though I have seen products at the outrageous price of $7). And neither apologizes for their pricing/positioning.

Price 90
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Nudge Marketing: From Theory to Practice

ConversionXL

In other words: Behavior = motivation x ability x prompt. Sure, retailers and businesses are fond of using exit-intent overlays, smart notifications, reviews, default options, and product badges. (We’ll Price anchoring is a sure-fire nudge to drive online behavior. Image source ). Why nudges work online.

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B2B Ecommerce Sites: What Works for B2B Buyers?

ConversionXL

But if your B2B ecommerce site differs on any of those elements—high prices, large quantities, or a need to serve B2C and B2B buyers—things change. Nike’s Momofuku Dunks, one of the many limited-edition releases sold B2B to select retailers. B2B buyers from Gen X expected phone calls and handholding. So what changes?

B2B 130
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PPC 2023 in review: UA sunsets, Google antitrust trial, X’s downfall and more

Search Engine Land

Google stirred things up by shaking cushions and discreetly adjusting ad prices, and the entire industry faced a major shift with the sunset of Universal Analytics, forcing everyone to transition to Google Analytics 4. The retailer is also exploring the possibility of launching ads on Prime Video. That’s just not what we do.”

Retail 116
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How to Calculate Your Company's Sales Mix for Increased Profits

Hubspot

This can not only help you determine how to set future budgets, but it can also provide valuable information about the function, placement, and selling strategies behind each product your company offers. Profit = Retail Price — Cost of Goods Sold. Retail Price for One Unit — $35. Retail Price for One Unit — $35.

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SaaStr Podcasts for the Week with Matt Garratt, Trisha Price, David Schmaier, Rob Bernshteyn, and Jason Lemkin

SaaStr

359: The Secrets to Vertical Growth, What it Really Takes to Build a $1B SaaS Company with Matt Garratt, SVP, Managing Partner @ Salesforce Ventures, Trisha Price, Chief Product Officer @ nCino and David Schmaier, CEO & Founder @ Vlocity. Trisha Price. Trisha Price: nCino is a little bit different in its background.

Price 75
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Using Cohort Analysis for Conversion Optimization

ConversionXL

In Lean Analytics , Alistair Croll and Benjamin Yoskovitz gave a great example of the value of cohorts, using data from a hypothetical online retailer: January. Customers that converted in the last year that signed-up after only x touches. Customers that converted in the last year that achieved first value delivered in under x days.