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Master Your Margins: Effective Price Strategy Techniques for Maximum Profit

Vertical Response

Selecting a suitable price strategy is a critical step for businesses aiming to maximize their profit margins and gain market advantage. Competitive pricing should account for competitor analysis and market positioning, while value-based pricing focuses on pricing products based on perceived value to the customer.

Price 90
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Stats: How fashion ecommerce has changed since Covid-19

Econsultancy

The Covid-19 pandemic has been a difficult time for fashion retailers as a whole – in 2020, UK clothes sales fell by a whopping 25%. This roundup includes studies and financial results that show how fashion ecommerce is evolving, including cross-border sales, fast fashion growth, and how inventory sizes have changed.

Fashion 52
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What You Need to Know About TikTok Carousels

Buffer Marketing

Infinite versatility : Whatever you're into – fashion, food, fitness, or finance – carousels can be adapted to any content niche. _theconnoisseur shares a gift guide of different price ranges and diverse items. _bennelson_ showcases his apartment transformation journey.

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Find UK Instagram influencers to grow your brand

Sprout Social

In the search bar, type “UK” followed by your industry or niche, such as “UK fashion” or “ UK fitness.” Partnering with macro Instagram influencers UK-wide gives you access to a broad UK audience, albeit with a hefty price tag. Start by opening the Instagram app and tapping on the search icon.

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How to build trust and loyalty in retail with reception marketing

Martech

Because 87% of shoppers use smartphones to research a product in-store (price comparisons, customer reviews, etc.), Take the fashion retail category, where common queries include: “How to clean white sneakers.” retail brands must be present, helpful and authentic online. What is business casual?” “How How to shrink jeans.”

Retail 105
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Find UK Instagram influencers to grow your brand

Sprout Social

In the search bar, type “UK” followed by your industry or niche, such as “UK fashion” or “ UK fitness.” Partnering with macro Instagram influencers UK-wide gives you access to a broad UK audience, albeit with a hefty price tag. Start by opening the Instagram app and tapping on the search icon.

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Snapchat launches augmented reality tool Shopping Lenses

Martech

Augmented reality is changing the way we shop, play, and learn, and transforming how businesses tell their stories and sell their products,” said Jeremi Gorman, Chief Business Officer for Snap Inc. Upgraded AR experience. Shopping Lenses provides product information and SKU-specific purchase capabilities.