Recent News and Blogs

Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline | Nasdaq.com

Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline | Nasdaq.com

However, the company witnessed a 1.9% dip in comparable-store sales (comps) during the quarter, following a 2.8% decline in the preceding quarter. This was the eighth consecutive quarter of comps decline. Analysts believe stiff competition, food price deflation, an aggressive promotional environment and waning store traffic are the primary headwinds plaguing the sector. Nevertheless, Whole […]

Value-Based Pricing: Two Easy Steps To Implement And Two Common Pitfalls To Avoid | Forbes

Value-Based Pricing: Two Easy Steps To Implement And Two Common Pitfalls To Avoid | Forbes

Value-based pricing is a technique for setting the price of a product or service based on the economic value it offers to customers. This pricing strategy allows companies to capture the maximum amount that a customer is willing to pay in order to significantly improve company profits. Product managers, especially in B2B settings such as industrial […]

Comment: Battle of the brunches | HotelierMiddleEast.com

Comment: Battle of the brunches | HotelierMiddleEast.com

Brunch is a weekly tradition in Dubai and competition is fierce with venues slashing prices and offerings. However, at what point does the discounted offering impact on the quality of the experience? At Zero Gravity, our Saturday brunch concept — SuperNatural — is attracting record figures. Every week the queue starts at 9am and we […]

Scottish firm advises Macra to prohibit misleading adverts | Malawi Nyasa Times

Scottish firm advises Macra to prohibit misleading adverts | Malawi Nyasa Times

Macra engaged Incyte Consultant, a Scottish firm, to develop cost models and pricing framework for telecoms companies for wholesale and retail telecommunication services in order to bring down tariffs and to enhance competition among operators in Malawi. Rogerson said according to results of the mobile network cost model survey that his company has been undertaking […]

‘That’s not a revenue model’: firms stuck in factory age, says Tim Williams | Financial Review

‘That’s not a revenue model’: firms stuck in factory age, says Tim Williams | Financial Review

That costing model is driven by a Karl Marx-inspired labour theory of value, and Williams argues it’s economically unsustainable. So much so, he predicts within the next decade very few firms will price on billable hours. “Accountants would go into a factory and count the cost, and the owner would work out cost-plus pricing. That’s not pricing, […]

Amazon Accused of “Surge Pricing,” Misleading Consumers During Prime Day | Dealerscope

Amazon Accused of “Surge Pricing,” Misleading Consumers During Prime Day | Dealerscope

According to a recent report, a vendor who sells direct through Amazon has stepped forward to accuse the ecommerce giant of misleading business practices. Specifically, they said that Amazon jacked up the suggested retail price of their product on Prime Day 2017 to make it seem like the discount consumers were getting was far better […]

Birkenstock CEO Uses All Caps to Yell at Amazon | Racked

Birkenstock CEO Uses All Caps to Yell at Amazon | Racked

Beating Amazon at the e-commerce game is nearly impossible at this point. The company is notorious for using its algorithm to knock down prices, which can hurt a brand’s equity. Elaine Kwon, a former Amazon employee who now runs a business that helps brands get out of Amazon wholesale partnerships, told Racked last month that […]

Bay Area real estate: Home prices rocket to record high | The Mercury News

Bay Area real estate: Home prices rocket to record high | The Mercury News

Bay Area home prices have continued their stratospheric surge, as the low housing supply combined with intense demand last month to further heat up the market. The real estate business usually cools off in the summer, but this market is proving to be a pressure cooker. The median price of a single-family home in the region […]

Amazon likely to come to NZ – brokerage | NZ Herald

Amazon likely to come to NZ – brokerage | NZ Herald

Forsyth Barr said the arrival in Australia of the e-commerce giant would put increasing pressure on the retail landscape through its low-price model, adding that the likelihood of the company coming to New Zealand had increased. “Amazon is expected to physically enter the Australian market in late 2018,” Forsyth Barr said. “Consequently, the likelihood of […]

Ask the editor: How does Uber and Lyft return affect Austin? | Community Impact Newspaper

Ask the editor: How does Uber and Lyft return affect Austin? | Community Impact Newspaper

The statewide law superseded municipal rules, such as Austin’s requirement for ride-hailing drivers to undergo fingerprint-based background checks. Uber and Lyft left Austin after the failure of a ballot proposition calling for looser regulations of the local ride-hailing industry. Under the December 2015 ordinance, an app-based ride-hailing company with dynamic pricing, also known as a […]