Make More Profits From a Static Product Line
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Bundling entails identifying complementary products and packing them together as a single product number at a lower price point than buying the items separately. If available, review a year's worth of items per order to find the most popular item combinations.
4. Create a private-label brand.
When products are static, introduce a private-label (or house-brand) strategy that provides a price-point option for the merchandise. From a marketing and catalog creative perspective, telling the "good-better-best" story or an "economy-premium" story guides a customer through the purchase.
0 Comments
View Comments
- People:
- Gina Valentino
- J. Schmid
- Places:
- Mission, Kan.
- Shawnee
Gina Valentino
Author's page
Related Content
Comments