Why do all woocommerce stores need dynamic pricing and discount strategies

Same as negative. 1. Simply put, based on time pricing, the price of products \/ articles will rise or fall over time. Example: it is cheaper to book an air ticket three months in advance, but the closer the travel date is, the higher the cost is.
2. The demand and supply of goods may vary according to the location and pricing region. For example, if you order products online and the delivery is in a remote area, you may charge higher than the normal price due to the accessibility of the geographical location. 3. On the behavior based pricing website, the customer’s behavior may affect the price. Example: the customer visited your website 3 times and added items to the shopping cart, but never bought. Offering some discounts may help convert customers. 4. The popularity of demand-based pricing products provides an opportunity for dynamic pricing. For example, mobile phones are in great demand and often out of stock. In this case, if the inventory is guaranteed again, the price can be increased.
5. Other options can be easily changed or adopted according to the pricing strategy of competitors. For example, you can offer lower prices than your competitors, follow market prices, or set higher product prices according to conditions. 6. Manage the price of a specific product category and provide discounts based on product category pricing. For example, if the category is clothing, you can set a uniform discount for that particular category. For users with product catalogs, special discount products are displayed on the customized shopping page. 7. Generate enough suggestions based on the quantity or quantity added in the stage pricing shopping cart. This may be particularly helpful in attracting wholesalers or bulk buyers. For example: one price can provide two products. \
8. Membership can be increased by setting the discount rate of user role or customer based pricing wholesaler, single customer, administrator and other user roles. For example: give a 10% discount to individual customers and a 25% discount to wholesalers. 9. To increase loyalty in all group based pricing segments, set prices according to customer segments or the group. Example: special offer for registered teachers who buy books in your store. 10. Shopping cart discount provides personalized discounts for items added to the shopping cart to guide people to complete the sales. Displays a custom shopping cart message that automatically triggers suggestions to various users, such as guest users, repeat buyers, or initial visitors. For example, give a higher discount for a larger cart total, \
Now that you know the advantages, reasons, strategies and disadvantages, the next step is to determine: How do woocommerce stores realize prices and discounts? After the woocommerce store is set up, you can use the dynamic price plug-in to implement various price strategies of products almost immediately. There are several dynamic price plug-ins that can be installed free of charge. However, choosing the right store can become a messy job. According to your business scale and various discount requirements, you can investigate and determine the plug-ins suitable for your needs. First, try wisdm customer pricing.
Price plug-in support of each customer of wisdm: Customers According to the special pricing of user roles or groups, the compensation quantity of batch buyers or hierarchical discount, the pricing rules of specific product categories, set the value of items added in the shopping cart, generate personalized discounts, and make correct choices. When there is fierce competition in the field of e-commerce, targeted discount strategies It’s probably one of the most logical options you can use at will. Price
Flexible formulation and wise use of dynamic pricing help create all differences and differentiate them from competitors. As the owner of the store, I want to be the owner of Amazon. Will it help you make the right decision? Please tell me your opinion.

Author:

Leave a Reply

Your email address will not be published. Required fields are marked *