Hidden Advantages of Pricing Tiers

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Buy X Get 1 For Free, Volume Discounts, Buy More Pay Less…Many names for the same core idea. If done right, Bulk Pricing can seriously save you countless pricing headaches.

Miloslav Kucmen: How to Prevent Issues When Implementing a Pricing Solution

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Miloslav Kucmen has been working as a delivery and project manager for more than 20 years. His core expertise has been in managing the implementation of SaaS solutions–three of those years have been strictly within the retail industry. Companies face many challenges and risks during and after project implementation, where they are compelled to maintain […]

Prices that feel just right: how to use psychology in your pricing

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Psychological pricing is a pricing/marketing strategy based on the theory that certain prices have a greater psychological impact on consumers than others. Not only the number itself, but its presentation can play a role in its efficacy. Charm pricing: Reduce the left digits This pricing strategy is based on “left-digit bias”. Customers pay the most […]

How to Mitigate Inflation with Price Management Technology

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Inflation is currently a global issue. It has had an impact on the overall price of goods and the purchasing power people have. Many sectors have already been affected, and there are certainly more to come. However, the retail sector has been affected most due to the higher price sensitivity associated with retail.

Yieldigo & METRO: A Customer Success Story

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Yieldigo Sales Director Milan Havlicek and METRO (SK) Board Member Xavier Gardies shared the Predictive and Promotional pricing stage at Prague’s 2021 Retail Summit to showcase how working with Yieldigo’s price management solution brought both sides mutual success.

Mitigating the Effects of Cannibalization Amidst Promotional Efforts

Promotion & Cannibalization: How does the Yieldigo tool manage this dilemma?

Cannibalization is a major consideration nowadays within the price optimization process. Companies today use price management solutions like Yieldigo in order to perform promotion and markdown optimization, and run what-if scenarios in order to determine the effects and results of any given pricing action.

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