Best Practices of Econic: Create more loyal customers with dynamic pricing
Posted by: Sherman Sall (July 28, 2022)
More loyal customers means much more revenue and way better cashflow, that’s why Econic was created to help small business increase the amount of loyal customers and retain the ones you already have.
Econic dynamically adjusts the prices of your goods and services in order to engage your customers, retaining your regulars and creating new ones because they get better service and better discounts the more they buy from you.
Best practice to increase revenues from loyal customers is to offer lower prices in your Econic store than your list price. Your cost of sale is lower, so you have the margin and you will incentivize purchasing, which creates more loyalty.