MLB Opening Day Product Pricing: Insights for Ecommerce Pricing Strategy

Rebecca Brown

March 28, 2023

 2 minute read time
mlb opening day insights blog header

Pattern’s data science team analyzes extensive product pricing data on Amazon to discover trends and insights about product pricing for different categories. When looking at products popular for MLB Opening Day (March 30) this year, Pattern’s teams discovered that the inflation we’ve seen for other categories doesn’t seem to apply to most products related to MLB teams, such as jerseys and hats.

As brands gather data to determine their strategic direction for their products, it’s helpful to understand pricing trends in their category, shifts in competitors’ pricing, and overall ecommerce pricing trends. Pattern’s data, technology, and experts can help you get the information you need.

MLB Opening Day Products Largely Unaffected by Inflation

As with St. Patrick’s Day product pricing, hats and jerseys for MLB teams showed a slowing rate of inflation. On average, the cost for baseball hats and jerseys only rose by 3.98% since Opening Day 2022. The price of hats and jerseys for the majority of MLB teams looks fairly similar to this time last year.

Some MLB teams’ jerseys and hats even experienced a inflation reversal since Opening Day 2022:

Accurate Data Leads to Successful Strategy

Having access to accurate data helps brands make better decisions on their pricing strategies. When brands are making big decisions like pricing changes, having internal data like historic product performance data and revenue goals is key to successful changes. As brands become more aware of ecommerce shifts, competing products, and marketplace trends, they are in a better position to make critical pricing decisions. 

Get Data Driven Ecommerce Insights With Pattern

As an ecommerce accelerator, Pattern is determined to help global brands succeed. We’re obsessed with gathering data, highlighting the insights, and identifying trends in order to help brands in all categories accelerate their business on all ecommerce marketplaces. 

We know how to help brands turn ecommerce marketplace and consumer data into an actionable and successful strategy to grow profitability all season long.  

For more marketplace information specific to your category, contact us here.

Explore Our Ecommerce Resource Library

Find relevant content to accelerate your ecommerce business. Stay on top of industry trends and best practices.

1P vs 3P
Amazon 1P vs. 3P: Pros & Cons Brands Need to Know

Whether you’ve been selling your products on Amazon for years or you’re just starting out, you’ve probably wondered if 1P or 3P is...
build brand awareness on se asia social
3 Ways to Build Social Media Brand Awareness in SE Asia

In the ever-evolving world of digital marketing, building brand awareness on social platforms is critical to brands’ success,...
Two wedding bands linked together
The Rise of the Budget Wedding

Increased Demand for Wedding Décor on Amazon YOY According to new data from ecommerce accelerator, Pattern, brides and wedding planners...