The ‘sugar high’ of discounting, and what it costs retailers later
New research from James Hurman and Klaviyo finds heavy discounters grow the slowest of all, right as retailers plan their EOFY sales.
New research from James Hurman and Klaviyo finds heavy discounters grow the slowest of all, right as retailers plan their EOFY sales.
In my recent article, How to work out what price to charge, I discussed how pricing is one of the most crucial decisions business owners and managers must make, while touching on the eight rules for pricing effectively… But what happens when you get pricing wrong and how do you recover from pricing mistakes? In this […]
For many years, price discounting has formed the marketing plan of countless businesses. But it is increasingly becoming a tactic that polarises marketers, as many believe it’s an ineffective promotion vehicle. Here are 4 reasons you should discount discounting.
Daily deal offers and group buying can be used successfully to promote the products and services of a business. Over the last year, many Australian businesses have started using these offers as a modern approach to advertising.
“I never pay retail!” might be the proud catch-cry of the modern consumer, but it can also be the death knell for small businesses.
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