S06 EP20: Selling More, Faster, through Price Optimisation

<p>On today’s episode, Kunle is joined by Brecker Brees Co-Founder at <a href="https://www.pricestack.com/">Pricestack</a>, a customer data intelligence platform specialising in working with Shopify merchants.</p><p><br></p><p>All too often eCommerce merchants and DTC business owners don't have a “real” pricing strategy. They set prices based on competitor research and plain old gut feel. This might work at times but more often than not, you’ll be leaving money on the table.</p><p><br></p><p>This is not just applicable to product pricing, but also to your discount and bundling strategy. Which product to discount, how much to discount and when to offer that discount could make or break your profits. This is where data driven optimisation comes in.</p><p><br></p><p>In this episode, Kunle and Brecker talk about leveraging economic principles and data to optimise your pricing strategies. You will get to hear about the importance of finding equilibrium in pricing across all your products, building the right product bundles and leveling up your discount offers . This is a great episode for anyone wanting to know more about the technical side of pricing!</p><p><br>-----------</p><p>SPONSORS:<br>This episode is brought to you by:</p><p><br><strong>MESA<br></strong><br>This episode is brought to you by MESA Workflow Automation. Mesa is THE only automation platform that enables all Shopify merchants to create workflows that automatically carry out repetitive tasks and focus on their business. </p><p> </p><p>TRY MESA FOR FREE OVER 14 DAYS on <a href="https://www.getmesa.com/">GetMesa.com</a> or search for MESA on the Shopify App Store.</p><p><br><strong>Klaviyo <br></strong><br></p><p>This episode is brought to you by Klaviyo – a growth marketing platform that powers over 25,000 online businesses. Direct-to-Consumer brands like ColourPop, Huckberry, and Custom Ink rely on Klaviyo.</p><p>Klaviyo helps you own customer experience and grow high-value customer relationships right from a shopper’s first impression throu