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When $.99 pricing works best

Ariyh

. 📝 Intro It’s time for your annual sale and you’re discounting your prices. 99 pricing ( because you read that in Ariyh’s Pricing & Promotions Playbook , and know all about the latest pricing science 😉). 99 pricing (e.g. vs. $7.00, even though the price difference is the same.

Price 62
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Where you should display your price

Ariyh

Where should you write your price? Previous insight: The teasing effect (150+ more insights here ) Position the price below the product, not above Channels : Pricing | Ads | Ecommerce | Retail store | Marketing communications For : B2C. People will perceive the price to be lower and be more likely to buy.

Price 52
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When to use direct mail vs email marketing

Ariyh

Previous insight: No,99 prices don’t hurt quality perceptions (more insights here ) Use direct mail to acquire new customers, and email to retain them Topics : Ads | Brand & Strategy For : B2C. for a US women's apparel retailer 🧠 Why it works Opening a direct mail is more emotionally appealing than opening an email.

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Amazon Prime Day returns while retail and e-commerce rivals face inventory challenges

Martech

Amazon likes to tap into that – with backpacks and other sales – and take as much of that momentum away as possible from other retailers.”. For years, Amazon Prime Day has had a ripple effect on other big box retailers, as well as e-commerce brands. Increase prices are just one of the things weighing on retailers’ right now.

Retail 83
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Use non-rounded discounts

Ariyh

.: When possible, end your discounted price with.99 99 and make sure to show the original price next to it. Previous insight: Reassure, don’t pressure people (more insights here ) Rounding discount percentages to a whole number reduces purchase intentions Channels : Discounts | Pricing | Promotions For : B2C.

Price 87
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The science of how often to post on social media

Ariyh

👀 Pros and cons of popular tools Key user reviews Transparent pricing Risk-free trials Compare customer support software Want to sponsor Ariyh? Journal of Retailing and Consumer Services (April 2023) 🏫 Researchers Wondwesen Tafesse. Maybe it’s time to upgrade your help desk software. What's inside?

B2C 124
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New Gartner report challenges conventional wisdom on holiday marketing

Martech

With the holiday shopping season gaining steam, many economic indicators suggest marketers should be focusing on price and savings. The argument for building campaigns around price is supported by some substantial facts. Simply having diversity in marketing and advertising can result in significant positive reactions.

Gen Z 108