Decisions, decisions, decisions
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Pricing Strategy
Once you’ve determined where to invest or where to promote, you need to address the first or biggest merchandising condition, TPR pricing (High-Low and High-Shallow) and Every Day Low Price. To learn more about pricing strategies, see the decision framework below:
Price Threshold
What’s your sweet spot for Every Day and Promoted pricing? Price thresholds look for price points or gaps that consumers are more sensitive to. A price change that crosses a threshold will lead to a larger volume change than a same-size price change that does not cross a threshold.
More than bricks to clicks