Why Is Magento 2 Hiding Price Extension Important?

Price is an important factor that helps your stores reach customers fastest and engage with them better in the buying process and price has always been transparent when it comes to the online store.

 

However, e-commerce is changing business patterns. Apart from retail stores, wholesale companies also want to leverage e-commerce. Unlike retails, business-to-business customers are smaller in number but noteworthy in order value. These customers need better commitment and care from the sales team. The function will enable the customers to create an account at your site, which is often the start of long-term partnerships.

Magento 2 hide price extension is best for business-to-business companies. Price is transparent in a common e-commerce website, but B2B likes to hide its prices because of the competition. How does it work? Guest customers are asked to login and fill in the required information. When they log in it notifies the admin and the admin can directly contact the customers who inquired about the price. Admin can personally assure the customer of the best price and other details of the product. Personal communication builds trust among the customers and also improves the customer-vendor relationship. It gives a chance to the admin to customize the best fair prices for a specific group of customers who are very worthy of their business. And it is also beneficial for the customers who can negotiate the prices. 

Apart from this, it prevents you from keeping the privacy of the prices from the opponents. No doubt there is a lot of competition in B2B also, so with the help of this extension you can keep your price confidential so that competitors cannot see it and steal your customers. Every business wants to grow sales and draw more customers. By hiding price extension you can prevent your pricing strategy and engage more with your customers so the competitors will never know how you are playing in the market.

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