How to Sell More Using Price Tag Strategies

Written by Economic Development Jobs on March 6, 2019. Posted in Price tag printing software, Shelf tags, Shelf-edge promotional strategy

The world of marketing and sales has a lot of nooks and crannies. There are endless tactics one can use to trick customers into spending more. Even a grocery business or clothing store can benefit from these marketing maneuvers by utilizing the power of retail price tags.

Believe it or not, the price tags you use and the way you format that has an effect on the customer. These tags can change their perception of your store or convince them to buy more than they originally came for. You can use them to strengthen your brand and heighten sales.

Below are some of the tricks you can use by using custom price tags for retail.

The Old 99 Cent Trick

This sales tactic is one of the oldest in the book and is backed by multiple studies. Prices that end in the number nine sell more than other prices. Whether it’s a product that is $14.99 or $1.39, there is something about that final digit that drives sales. It has to do with the fact the people read from left to right a