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eCommerce Evolution

eCommerce Evolution is hosted by Brett Curry, CEO of OMG Commerce. Tune in for fresh interviews with the merchants, vendors, and experts shaping the eCommerce industry. We take an in-depth look at what's new and what's next in eCommerce.
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Sep 18, 2019

Paulina Masson is the founder of Shopkeeper and a longtime Amazon seller.  She has a wealth of knowledge when it comes to pricing products. She understands the competitive forces behind pricing decisions as well as the psychological factors.  

Ultimately you want to price in such a way to maximize total profits.  While you should consider profit per transaction, that might not be the ultimate metric to try and maximize.  Here’s what we look at:

  • How to run pricing split test and why it’s so complex.
  • How to price your products at launch including a free margin calculator
  • How to balance competitive price factors with consumer perception and psychology
  • When to end your price in 99, or 97 rather than 00.  And how a premium product or your target market might influence this.
  • 3 Types of Shoppers on Amazon and how to price for each
  • When and how to use coupons - when to do a % off vs. a $ off
  • How price impacts conversion rates
  • Plus more!
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