Learn what price optimization requires: a clear objective, sales and cost data, demand estimates, business constraints, and a plan to verify the result.
Measure internal cannibalization with a comparable sales baseline, a worked SKU example, and a calculation of the change in total assortment contribution.
Calculate marginal revenue with a simple formula, worked retail examples, and a spreadsheet setup. See how it differs from average revenue, price, and profit.
Understand perceived value through quality, convenience, trust and service, then test which benefits customers notice, believe and use when choosing an offer.
Learn how psychological pricing and the left-digit effect shape price perception, when .99 endings may help, and how to test them against round prices.
Learn how dynamic pricing changes ecommerce prices using data, rules, price limits and approvals, with a worked example and an execution-history checklist.