The change in the quantity demanded for one product due to the percentage change in the price of another product. Often used in determining whether to increase or decrease your prices. Also helpful for figuring out viable substitutions.
eCommerce & Artificial Intelligence Consulting
The change in the quantity demanded for one product due to the percentage change in the price of another product. Often used in determining whether to increase or decrease your prices. Also helpful for figuring out viable substitutions.
Catalogers and other offline marketers have many advantages when it comes to E-Commerce.
Unfortunately, most of them often turn their positives into BIG negatives. We’ll help you leverage the benefits of this valuable customer segment.