eCommerce Evolution

Episode 89 - How to Price Your Products to Maximize Your Results with Paulina Masson


Listen Later

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!

...more
View all episodesView all episodes
Download on the App Store

eCommerce EvolutionBy Brett Curry

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

50 ratings


More shows like eCommerce Evolution

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,119 Listeners

The Ecomcrew Ecommerce Podcast by Mike Jackness and Dave Bryant | eCommerce, Shopify, and Amazon FBA Experts

The Ecomcrew Ecommerce Podcast

298 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,442 Listeners

Shopify Masters by Shopify

Shopify Masters

378 Listeners

eComFuel Podcast by Andrew Youderian | e-Commerce Entrepreneur

eComFuel Podcast

313 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,263 Listeners

The Unofficial Shopify Podcast by Kurt Elster, Paul Reda

The Unofficial Shopify Podcast

261 Listeners

Ecommerce Playbook: Numbers, Struggles & Growth by Common Thread Collective

Ecommerce Playbook: Numbers, Struggles & Growth

72 Listeners

My First Million by Hubspot Media

My First Million

2,656 Listeners

DTC Podcast by DTC Newsletter and Podcast

DTC Podcast

36 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

203 Listeners

Limited Supply by Nik Sharma

Limited Supply

150 Listeners

OPERATORS by OPERATORS

OPERATORS

50 Listeners

The Andrew Faris Podcast by Andrew Faris

The Andrew Faris Podcast

24 Listeners

Tactical & Practical by Nate Lagos

Tactical & Practical

2 Listeners