ross-Border Payment Glossary | Issue #5: Product & Pricing

ross-Border Payment Glossary | Issue #5: Product & Pricing

Date: 2025-03-17 11:06:26    View: 6157

1️⃣ Private Label

???? Definition: A business model where sellers source generic products and rebrand them under their own name for sale.
???? Example: On Amazon, many sellers use the Private Label model by working with OEM manufacturers to produce goods and sell them under their own brand.

2️⃣ White Label

???? Definition: Products manufactured by one company but sold under various brand names, usually without customization.
???? Example: Some skincare brands purchase White Label products (like generic skincare formulas) and label them with their own branding for sale.

3️⃣ Dynamic Pricing

???? Definition: A pricing strategy that adjusts product prices in real-time based on market demand, competitor pricing, and inventory levels.
???? Example: Platforms like Amazon and Booking use Dynamic Pricing to adjust prices based on demand-supply conditions to optimize revenue and sales.

4️⃣ MOQ (Minimum Order Quantity)

???? Definition: The smallest quantity of a product that a manufacturer or supplier is willing to sell per order.
???? Example: A manufacturer sets an MOQ of 500 units, meaning buyers must purchase at least 500 items to place an order.

 

???? Developing the right branding strategy and pricing model in cross-border e-commerce can help sellers build a more competitive global business! ????????