A new seasonal pricing strategy is around the corner, and this year, specifically, brands have to be prepared more than ever in order to adapt to market and economic fluctuations and create sustainable growth. Here’s a simple recipe for an effective pricing strategy: 1. Collect All Your Data Access your company’s various resources of data…
In order to answer this question with a “yes”, you need to make sure that your brand’s position and value are aligned with its price. This means that while you’re making the pricing decision, you need to stay updated with the fluctuating market dynamics and trends. Therefore, applying a holistic approach can help you…
In disruption times, are there opportunities you can gain in the marketplace? Are you utilizing new tools multinationals are using leading them to growth? Did you know that there are sustainable opportunities for growth around the corner? Even during crises, businesses can still uncover a hidden opportunity and make informed decisions that lead to success…
In this climate, you need to take action today, which will ensure success for tomorrow. That’s why we’re representing tips to future-proof your brand during these times. 1. Show Empathy and Listen to Your Customers Your customers know what they want from you. So it is worth investing in market research to create a seamless…
Changing commercial strategy during inflation needs a holistic approach to protect your margins and maintain long-term value and budget planning for your business and your customers. By applying Marketeers 5 ways SMART strategy, you will be able to achieve this. Let’s dig deeper into our SMART strategy: In this article, we reveal new insights about…
Consumers in the MENA region are among the top Black Friday shoppers – popularly known as “White Friday.” Their anticipation begins weeks before the big day. However, the question here is whether or not inflation and economic downturn will affect black Friday. In this article, we reveal new insights about consumer research…
Surging prices across the globe are pressuring and forcing businesses to make tough pricing decisions and increase prices in an economy where the consumer’s purchase power is decreasing. This paradox in today’s market is very different from circumstances in the past as purchasing power is lower than ever. This situation puts Marketing and Financial Managers…
Skyrocketing gas prices, interest rates, and food shortages can make it stressful for businesses, especially when deciding their Black Friday promotions which raises the question: Can Black Friday Offers be Profitable? The simple answer is yes, businesses can benefit from: Clearing stock Boosting sales volumes: Driving prices far below the average enhances short-term cash flow.…
13.5% of people have a strong preference to be among the first to try new technology and products. With Black Friday offers starting, businesses must know what drives early adopters, how to market to them, and what they expect from you. Early adopters tend to pay more for the products they buy for two main…
To win a football match, the team-captain plays in a vital role visualizing the playground. They create a strategy across eleven players and direct different roles and skills of players. Most of all, the team-captain needs to be fast and have a fresh move for every new match depending on different conditions. Like a team…
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