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EP45: The Psychology of Pricing - Value vs Perception in eCommerce

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Pricing Psychology and Brand Evolution

This chapter explores the intricate challenges of pricing and product selection within a dynamic direct-to-consumer brand, emphasizing the role of a structured procurement process and the influence of pricing psychology on customer perceptions. It highlights the importance of including standout items in offerings and engaging with customer feedback to enhance retention and inform future product development. Additionally, the discussion traces the evolution of the Champion brand, showcasing its transformation through strategic collaborations and shifts in market perception.

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