However, you need to be careful about prices.

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sabarina38
Posts: 197
Joined: Thu Dec 26, 2024 6:34 am

However, you need to be careful about prices.

Post by sabarina38 »

Prices convey information, so lowering prices isn’t always a smart move in the long run.

Political economics tells us that as prices rise, sales fall: True.
However, this does not necessarily guarantee cost-effectiveness in the long run.

If Maserati lowers its price, its sales in the first year will be much higher. Then, people who choose Maserati to show their status will no longer consider buying such a car. Such a repositioning may not be good for the organization.

In short, having established that price communicates a canada whatsapp number data message and that high prices are good in some cases, the right pricing policy can increase conversion rates.

Let me be clear, if you have a product and on another website they offer the same product for a lower price, rest assured that they will definitely buy from the other website unless you offer free shipping or you are more reliable.

It is normal to sell more products at a lower price, especially if you have price-sensitive users, but on the other hand, who is not price-sensitive?

Increase Conversion Rates with Effective Product Listings Product listings in e-commerce are a very important lever.
These are pages that explain and describe the product, and can include videos and photos of the product itself, as well as reviews.

Of course, a product description must contain engaging text, but that’s not enough.
An inviting text is not enough: the text must dispel any possible doubts about the product and explain its purpose.

It is also important to place detailed photos of your product that showcase it well.
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