International Pricing Strategy
Optimize pricing for global customers.
Currency Considerations
| Factor | Impact |
|---|
| Exchange rates | Daily fluctuation |
| Conversion fees | 2-4% typically |
| Local pricing | Psychological impact |
| Rounding | Cultural preferences |
Pricing Strategies
| Strategy | Pros | Cons |
|---|
| US price + shipping | Simple | Sticker shock |
| Local currency | Better UX | Rate risk |
| DDP pricing | Best UX | Complex |
| Platform | Currency Fee |
|---|
| PayPal | 3-4% |
| Stripe | 1% + conversion |
| Wise | 0.5-1% |
Sample Pricing (USD 50 Product)
| Market | Strategy | Local Price |
|---|
| UK | Cost + margin | £45.00 |
| EU | DDP included | €55.00 |
| Canada | Parity | CAD 65.00 |
| Australia | Premium | AUD 75.00 |
Best Practices
Round to local conventions
Include VAT in EU prices
Update rates weekly
Consider local purchasing powerSet up international pricing →
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