nDash.com is a content creation platform that provides brands and agencies with access to the world's top freelance writers.
The Ultimate Retail Pricing Strategy: QuickLizard
Many factors influence a retailer's bottom line, including properly priced products that hit the sweet spot of maximizing unit sales without sacrificing the profit per unit. Understanding your business cost structure and choosing the right pricing strategy are crucial steps. Many pricing strategies exist, which is why it may be wise to experiment until you find a strategy that is the most effective for your business. Read on as we debunk the ultimate retail pricing strategy for your business.