How do you decide price changes?
Curious how mid-sized brands handle pricing. Do you use dynamic pricing tools? Is it mostly gut-feel and looking at competitor sites? Or are you just doing a blanket +X% markup when supplier costs go up? It seems like it would be incredibly hard to know which specific SKUs can handle a price hike without killing conversion. How do small business ecommerce owners manage this practically?
u/Silop7 — 3 days ago