StoreAutomator Blog

Boost Sales With These 7 Expert eCommerce Pricing Strategies 

Using the right eCommerce pricing strategies can make or break your conversion rates. Like any form of marketing for a successful multichannel brand, your pricing strategy should be tested and tweaked to find the optimum price for your product, at the right time, for the right shopper - all in real-time. In fact, most successful brands use a combination of competitive pricing strategies to create a hybrid, specific to their niche and market, that is more likely to convert. 

There is no beating around the bush; the COVID-19 pandemic has affected a lot of us directly and indirectly, in terms of health, wellness, and economics - and a lot of you have reached out to us specifically about the business challenges you are currently facing. 

As your business starts to grow, you’ll likely have endless questions for every variable that keeps the wheels turning. How am I going to scale my product? How am I going to find more customers? Should I be selling in other countries or growing my customer base for a more local business?  What you’re really assessing is how you will scale your business.

If you’re looking to take your online business to the next level, it’s time to find out why and how you can boost eCommerce sales with Walmart Marketplace. 

Over the last couple of years, Walmart Marketplace has worked hard to become more user-friendly, incentivize customers with free shipping on larger orders, and increase its catalog. This hard work has paid off, and it’s now the third-largest marketplace in the US. 

The discoverability of your products on marketplaces depends mainly on the quality of your listings. Considering the different requirements of each marketplace while listing your products and the changing competitive environment, you should treat your product data as a living organism that should be worked on continuously.

The truth is if you want to take your established eCommerce brand and grow it into a multichannel converting machine, you need to diversify across marketplaces and channels to reach even more customers and increase your sales. To do this effectively, you’re going to need a robust product data management tool to ensure you are creating a consistent customer experience across all your channels in real-time. This means knowing when to upgrade to an advanced product data management tool can make or break your growing multichannel business.

12 Growing Global eCommerce Marketplaces to Consider in 2020

One of the most significant eCommerce trends we will see this year is the growth of niche marketplaces and the elimination of middlemen. By loading your products on a variety of marketplaces, you’ll be able to reach your potential customers wherever they are, thereby expanding your reach and sales to new markets. In this post, we’ll quickly go through 12 growing global eCommerce marketplaces that you could test in 2020 to expand your market - and your sales.

Amazon Repricing – Let’s get the real scoop!