118: The Untapped Gold Mine Of Ecommerce Pricing That Virtually No One Knows About




eCommerce Fastlane – A Shopify Store Podcast. Get Insights To Profitably Grow Revenue And Scale Lifetime Customer Loyalty. show

Summary: <h2>Your Business Is A Journey. Invest In Yourself Today.</h2><p>Being an entrepreneur is a life of learning, implementing, and iterating. All it would take is <u>a new idea</u>, <u>a strategy</u>, <u>a Shopify app</u>, or <u>a marketing platform</u> to be the next thing you need to improve efficiencies, drive more revenue, and build lifetime customer loyalty for your Shopify brand.</p><p><strong>Your product is worth what your customers are willing to pay for it. Pricestack discovers that perfect price.</strong></p><p>My guest in today’s episode is Brecker Brees, Co-Founder of <a href="https://ecommercefastlane.com/pricestack" rel="noopener noreferrer" target="_blank">Pricestack</a>. They are an AI-based ecommerce pricing platform that analyzes behavioral data and suggests optimal prices to earn Shopify merchants more revenue, increased profit, and lifetime value.</p><p>By leveraging price as a form of communication, Pricestack captures optimal prices that satisfy both your customers and your bottom line.</p><p>If you’ve always wondered if your store's products are priced correctly, today's show will definitely be an eye-opener...</p><h2>What You Will Learn Today</h2><ul> <li>Why price is a form of communication between a business and a customer.</li> <li>How to create positive customer experiences using AI-powered behavioral pricing optimization.</li> <li>How to drive revenue growth and maximize cash flow while increasing the demand for your products.</li> <li>Learn how to set prices that drive bottom-line growth and healthy margins while understanding their effects on your demand.</li> <li>How to maximizes the value of every visitor, drive higher return-on-ad-spend, and improving ad scalability</li> </ul><h2>Links And Resources Mentioned</h2><ul> <li><a href="https://ecommercefastlane.com/pricestack" rel="noopener noreferrer" target="_blank">Pricestack</a></li> <li><a href="https://apps.shopify.com/pricestack" rel="noopener noreferrer" target="_blank">Pricestack Shopify App</a></li> <li><a href="https://www.pricestack.com/hubfs/Smoke_Cartel_Case_Study.pdf%20" rel="noopener noreferrer" target="_blank">Smoke Cartel Case Study</a></li> <li><a href="https://markcubancompanies.com/companies/pricestack/%20" rel="noopener noreferrer" target="_blank">Mark Cuban Companies</a></li> </ul><h2>Thank You For Listening</h2><p>I really appreciate you choosing to listen to the show and for supporting the podcast and it’s sponsors. If you enjoyed today’s show, please <strong>share</strong> it using the social media buttons on this page.</p><p>I would also be so grateful if you would consider taking a minute or two to <a href="https://itunes.apple.com/ca/podcast/ecommerce-fastlane-steve-hutt-dream-build-launch-grow/id1383980232?mt=2" rel="noopener noreferrer" target="_blank">leave an honest review and rating for the show in iTunes</a>. They’re <strong>extremely</strong> helpful when it comes to reaching our entrepreneurial audience and I read each and every one personally!</p><h2>Growth Mindset?</h2><p>Listen to the eCommerce Fastlane podcast on <a href="https://itunes.apple.com/ca/podcast/ecommerce-fastlane-steve-hutt-dream-build-launch-grow/id1383980232?mt=2" rel="noopener noreferrer" target="_blank">Apple Podcasts</a>, <a href="http://www.stitcher.com/s?fid=185272&amp;refid=stpr" rel="noopener noreferrer" target="_blank">Stitcher</a>, <a href="https://ecommercefastlane.com/googleplay" rel="noopener noreferrer" target="_blank">Google Play</a>, or <a href="https://open.spotify.com/show/3NXb9XBWN81Us3suywpuUN?si=dtMA4DF8QfeUBtOH610z_A" rel="noopener noreferrer" target="_blank">Spotify</a> and subscribe to get notifications when new shows are released.</p><h2>Today's Amazing Episode Sponsor: <a href="https://grin.co/influencer-marketing-for-ecommerce-brands/?utm_medium=referral&amp;utm_source=banner&amp;utm_campaign=ecom-fastlane" rel="noopener noreferrer" target="_blank">GRIN</a> </h2><h4><em>Grow an Authentic DTC Brand with the #1 Influencer Marketing Software Platform for Creating Genuine, Direct Relationships with Influencers.</em></h4><p><a href="https://grin.co/influencer-marketing-for-ecommerce-brands/?utm_medium=referral&amp;utm_source=banner&amp;utm_campaign=ecom-fastlane" rel="noopener noreferrer" target="_blank">GRIN</a> is the only influencer marketing software built specifically for eCommerce. From discovery &amp; outreach to relationship management &amp; campaigns, product seeding, discount codes &amp; affiliate links, content tracking &amp; rights management, sales tracking &amp; deep analytics - GRIN’s software helps with the tenure influencer marketing workflow. Top DTC brands trust GRIN as their influencer marketing platform for rapid growth and scale.</p><br><hr><p style="color:grey;font-size:0.75em;"> Hosted on Acast. See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for more information.</p>