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Thread: How often do you change your prices? Seasonal or based on your competitors?

  1. #1
    Join Date
    Apr 2018
    Posts
    4

    How often do you change your prices? Seasonal or based on your competitors?

    as e-commerce retailers, how do you approach these two different strategies? Which one do you think is more effective?

  2. #2
    Join Date
    Jul 2017
    Location
    Indonesia
    Posts
    136
    it depends on the product you sell, competitors, and policy

  3. #3
    Join Date
    Jul 2018
    Location
    Bangalore
    Posts
    20
    Changing pricing of the products depends on different factors like -
    - How much discount you can afford in order to remain profitable
    - How much your competitors are selling for
    - If you are expecting a surge in order due to some festival and or season then how much price you can lower but makes relatively better profits.

  4. #4
    Join Date
    Mar 2019
    Posts
    61
    It depends on the products you sell online or offline. Sometimes, for making a good position in the market, the business owner never changes the price of the products. I think, they should not.

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