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Search: Posts Made By: rt2018
Forum: eCommerce Sites, Wholesaling & Drop Shipping 6th January 2018, 04:23 AM
Replies: 10
Views: 235
Posted By rt2018
RE: How do you decide your pricing? *Want to trial new research driven strategies*

That is true about price wars- I generally think in terms of big markets with loads of sellers where conditions arent really set up for that, but that's very often the real world.
I see the point...
Forum: eCommerce Sites, Wholesaling & Drop Shipping 6th January 2018, 04:19 AM
Replies: 10
Views: 235
Posted By rt2018
RE: How do you decide your pricing? *Want to trial new research driven strategies*

Hi Bella - sounds like its going really well for you. I do just wonder whether the mark up approach might be limiting you a bit. It's certainly a good time of thumb, but to me I think you'd profit...
Forum: eCommerce Sites, Wholesaling & Drop Shipping 5th January 2018, 01:03 PM
Replies: 10
Views: 235
Posted By rt2018
RE: How do you decide your pricing? *Want to trial new research driven strategies*

That makes a lot of sense Dave. Do you monitor price performance around those prices? Or once you're in the ball park do you leave it at that? I guess I'm thinking that even small changes in price...
Forum: eCommerce Sites, Wholesaling & Drop Shipping 4th January 2018, 01:45 PM
Replies: 10
Views: 235
Posted By rt2018
RE: How do you decide your pricing? *Want to trial new research driven strategies*

I guess it really does depend if you're in a repeat business type of market, which is something I hadn't thought about too much. I still think there's a place for data and experiment driven pricing...
Forum: eCommerce Sites, Wholesaling & Drop Shipping 3rd January 2018, 03:44 PM
Replies: 10
Views: 235
Posted By rt2018
How do you decide your pricing? *Want to trial new research driven strategies*

I'm really interested in pricing models (I studied economics at Oxford and the bug never left). This is particularly interesting to me in the very pure, price driven e-commerce space. Because of this...
Forum: eCommerce Sites, Wholesaling & Drop Shipping 3rd January 2018, 03:29 PM
Replies: 4
Views: 464
Posted By rt2018
RE: My Dropshipping idea?

I'd also suggest you think about pricing - being cheaper than Amazon is smart and showing people that would definitely drive sales, but you want to know how much cheaper than Amazon you have to be to...
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