Mr Mahmud, is a pricing zealot, studying customer behaviour and pricing strategies to provide insights and recommendations to help online stores optimize their pricing and increase profitability.
Pricing power is one of the most powerful strategies out of the 7 strategies to maximize profits. It involves creating a unique price for your product or service to attract and retain customers, differentiate your product, and boost profits. read more
Lululemon runs a "We Made Too Much" clearance sale to clear slow-moving stocks, giving discounts to off-season items they may have over-estimated the demand for. They list a compare-at price beside the selling price so customers know the amount read more
Raising prices to increase profit margins is a time tested tactic to grow a company's profit margins. Here's how Uber's recent earnings call reinforces this often misunderstood concept. read more