Pricing for E-commerce and Marketplaces
Like Duolingo, but for Pricing for E-commerce and Marketplaces. Tomo turns the whole topic into a game you play five minutes a day, until it actually sticks.
For the part of you with thirty open tabs that never became anything.
71 levels across 8 sections, about 142 minutes end to end, roughly 28 days at five minutes a day. It moves through The First Lever of Profit, Mastering Price Elasticity, Marketplace Dynamics, The Psychology of the Price Tag, Dynamic Pricing and Algorithms, Promotions and Markdowns, Testing and Optimization, and Advanced Structures and Ethics. It starts from scratch.
Free forever · No credit card · iPhone & Android
Key ideas in Pricing for E-commerce and Marketplaces
- Price increases drop to the bottom line
- Volume increases have associated costs
- Price as the most powerful lever
- The disproportionate impact of price on profit
- Price as a proxy for quality
- Premium positioning through price
- Low prices can scare customers
- Price as a signal of quality and brand positioning
- The Good tier provides basic functional benefit
- Cost-plus pricing ignores perceived value
- Price impact on profit
- The Better tier balances features and cost
- The Best tier captures high willingness-to-pay
- Price as a signal of quality
- The Good-Better-Best framework
- Hero products are often price-sensitive items customers use to compare shops
You've tried the other tabs
Thirty open tabs. Four facts you actually kept.
You watched. You nodded. By Sunday it was gone.
One answer, then back to scrolling.
Eight weeks. You meant to finish. You didn't.
Tomo gives Pricing for E-commerce and Marketplaces the Duolingo treatment: levels, streaks, and quick quizzes that test what you just learned. That game loop is what the tabs above never had, so it's the one you actually finish.
Here's what playing it feels like
A real question from this course. Take your best guess.
What happens when you try to make more money by selling a lot more items instead of raising the price?
Get it right to open this lesson and 70 more in the app.
Where Pricing for E-commerce and Marketplaces takes you
Learn how to use price elasticity and dynamic strategies to grow revenue and profit in the competitive world of online retail and digital platforms.
- 1
The First Lever of Profit
- The Power of the Price Tag
- Value-Based Thinking in E-commerce
- 2
Mastering Price Elasticity
- Reading the Elasticity Curve
- Managing Inelastic 'Must-Haves'
- Competing on Elastic Commodities
- 3
Marketplace Dynamics
- The Two-Sided Market Balance
- Surge Pricing and Scarcity
- 4
The Psychology of the Price Tag
- Anchoring and Context
- Charm Pricing and Thresholds
- The Psychology of 'Free'
- 5
Dynamic Pricing and Algorithms
- Real-time Price Adjustments
- Competitor-Based Automation
- 6
Promotions and Markdowns
- The Math of the Markdown
- Flash Sales and Urgency
- 7
Testing and Optimization
- Running a Clean Price A/B Test
- Monitoring Price Perception
- 8
Advanced Structures and Ethics
- Bundling and Tiered Pricing
- The Ethics of Algorithmic Pricing
8 sections · 18 units · 71 levels. Built to play, not to enroll.
You pick the voice
Pricing for E-commerce and Marketplaces is taught in the Explain Like I'm 5 style: no big words. promise.. Want a different feel? In the app you can spin up the same topic in any of Tomo's teaching styles. Same facts, totally different vibe.
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Start Pricing for E-commerce and Marketplaces today.
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