e Spreadsheet
In the competitive landscape of e-commerce, pricing strategies play a pivotal role in capturing market share and maximizing profits. This study investigates the pricing dynamics of Nike products sold through Hoobuy across major platforms, leveraging data from the Hoobuy Spreadsheet. We further explore price elasticity trends and actionable strategies to enhance competitiveness via the Hoobuy app.
Hoobuy’s Nike listings exhibit distinct pricing patterns across platforms like Amazon, eBay, and Shopify. Key observations include:
Data from the Hoobuy Spreadsheet reveals these tactics through timestamped price logs and inventory snapshots.
Using the dataset from Hoobuy Spreadsheet VIP, we calculated elasticity coefficients (PED) for top Nike SKUs:
| Product Category | Avg. Price (USD) | PED Score | Demand Sensitivity |
|---|---|---|---|
| Running Shoes | $89.50 | -1.42 | Elastic |
| Athletic Apparel | $34.20 | -0.76 | Inelastic |
Key Takeaway:
The Hoobuy app enables sellers to dynamically adjust strategies:
A/B tests via the app showed a 10.3% uplift
