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	<title>Comments on: Competitive Pricing:  Are Your Products Priced Too High?</title>
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	<pubDate>Thu, 04 Dec 2008 20:55:46 +0000</pubDate>
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		<title>By: Jim</title>
		<link>http://onlinebusiness.volusion.com/articles/product-pricing-tips#comment-142365</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Mon, 13 Oct 2008 19:10:09 +0000</pubDate>
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		<description>Yes I agree offering a price match is a great way to retain customers who may have purchased elsewhere for a slightly lower price.</description>
		<content:encoded><![CDATA[<p>Yes I agree offering a price match is a great way to retain customers who may have purchased elsewhere for a slightly lower price.</p>
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		<title>By: C. Chandler</title>
		<link>http://onlinebusiness.volusion.com/articles/product-pricing-tips#comment-86674</link>
		<dc:creator>C. Chandler</dc:creator>
		<pubDate>Tue, 05 Feb 2008 17:44:32 +0000</pubDate>
		<guid isPermaLink="false">http://onlinebusiness.volusion.com/articles/product-pricing-tips/#comment-86674</guid>
		<description>It really depends on how much materials cost for production and more than likely the more quality materials and andvanced techniques that are used make the prices a little more expensive, but I would think customers would rather purchase something once  every two years or so than continously have to order the same cheaper imitation 4 or 5 times during the year and spend  a lot more.</description>
		<content:encoded><![CDATA[<p>It really depends on how much materials cost for production and more than likely the more quality materials and andvanced techniques that are used make the prices a little more expensive, but I would think customers would rather purchase something once  every two years or so than continously have to order the same cheaper imitation 4 or 5 times during the year and spend  a lot more.</p>
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		<title>By: Joe</title>
		<link>http://onlinebusiness.volusion.com/articles/product-pricing-tips#comment-66606</link>
		<dc:creator>Joe</dc:creator>
		<pubDate>Thu, 29 Nov 2007 17:35:07 +0000</pubDate>
		<guid isPermaLink="false">http://onlinebusiness.volusion.com/articles/product-pricing-tips/#comment-66606</guid>
		<description>Remember the "Loss Leader" concept. Consider lowering prices on items that are easily comparable and making up the difference on items unique to your store. Or make the low price contigent on purchasing with a higher margin piece. For example: "Bed for $399 with purchase of two nightstands."
Happy Selling!  www.tampafurniture.com</description>
		<content:encoded><![CDATA[<p>Remember the &#8220;Loss Leader&#8221; concept. Consider lowering prices on items that are easily comparable and making up the difference on items unique to your store. Or make the low price contigent on purchasing with a higher margin piece. For example: &#8220;Bed for $399 with purchase of two nightstands.&#8221;<br />
Happy Selling!  <a href="http://www.tampafurniture.com" rel="nofollow">http://www.tampafurniture.com</a></p>
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		<title>By: Rich Badaracco</title>
		<link>http://onlinebusiness.volusion.com/articles/product-pricing-tips#comment-53637</link>
		<dc:creator>Rich Badaracco</dc:creator>
		<pubDate>Sat, 13 Oct 2007 13:12:40 +0000</pubDate>
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		<description>I agree that the price needs to be competitive but doesn't this just create a never ending spiral of price cuts? Eventually the margins are so thin that you're selling products for the fun of it. A couple of my lines are available cheaper than I can buy them from my supplier and offered with free shipping. I think sometimes we shoot ourselves in the foot by taking this type of approach. The only winners are the merchants that can afford to buy in sufficient volume to get substantial price breaks from the manufacturers. Just my two cents which I'm discounting today only. ;-)

&lt;p class="MsoNormal"&gt;(Very funny “two cents” comment Rich, good one!  In regards to pricing- it’s nice to adjust your prices to be competitive, but it should be reconsidered if it prevents you from making a profit.  A good rule of thumb would be to research competitor prices versus what you will be purchasing the items for from the manufacturer, before choosing to sale the item on your own site.  Then you can see whether or not the cost will give you a product you can be competitive with, while still making a profit.  Also, examine all of your products to see which ones you may be able to offer a lower price on, and then advertise those items.  Unfortunately, the merchants that are buying in bulk and getting price breaks are giving the customer what they’re often looking for- the cheapest price.  If you can’t offer the cheapest price, examine what makes purchasing from your store better than your cheaper competitors and try to push those benefits instead (quick delivery, a guarantee, free shipping, etc).  We try to encourage merchants to offer niche products, those that are unique and do not have a large amount of competition.  However, if your products are similar to many other merchants, you really have to think about what makes your offer stand out from your competitors.)</description>
		<content:encoded><![CDATA[<p>I agree that the price needs to be competitive but doesn&#8217;t this just create a never ending spiral of price cuts? Eventually the margins are so thin that you&#8217;re selling products for the fun of it. A couple of my lines are available cheaper than I can buy them from my supplier and offered with free shipping. I think sometimes we shoot ourselves in the foot by taking this type of approach. The only winners are the merchants that can afford to buy in sufficient volume to get substantial price breaks from the manufacturers. Just my two cents which I&#8217;m discounting today only. <img src='http://onlinebusiness.volusion.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
<p class="MsoNormal">(Very funny “two cents” comment Rich, good one!  In regards to pricing- it’s nice to adjust your prices to be competitive, but it should be reconsidered if it prevents you from making a profit.  A good rule of thumb would be to research competitor prices versus what you will be purchasing the items for from the manufacturer, before choosing to sale the item on your own site.  Then you can see whether or not the cost will give you a product you can be competitive with, while still making a profit.  Also, examine all of your products to see which ones you may be able to offer a lower price on, and then advertise those items.  Unfortunately, the merchants that are buying in bulk and getting price breaks are giving the customer what they’re often looking for- the cheapest price.  If you can’t offer the cheapest price, examine what makes purchasing from your store better than your cheaper competitors and try to push those benefits instead (quick delivery, a guarantee, free shipping, etc).  We try to encourage merchants to offer niche products, those that are unique and do not have a large amount of competition.  However, if your products are similar to many other merchants, you really have to think about what makes your offer stand out from your competitors.)</p>
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		<title>By: air purifier</title>
		<link>http://onlinebusiness.volusion.com/articles/product-pricing-tips#comment-46697</link>
		<dc:creator>air purifier</dc:creator>
		<pubDate>Wed, 05 Sep 2007 19:42:18 +0000</pubDate>
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		<description>The suggestion is good and useful.  We are selling higher price air purifier on www.purifieron.com (powered by volusion)</description>
		<content:encoded><![CDATA[<p>The suggestion is good and useful.  We are selling higher price air purifier on <a href="http://www.purifieron.com" rel="nofollow">http://www.purifieron.com</a> (powered by volusion)</p>
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