OnDemand WTP Pricing Research

Tag: Bad Sales Pricing Practices

‘Confusing’ pricing and too much inventory: JCPenney CEO reveals the company’s core problems after 4 months on the job (JCP) | SFGate

‘Confusing’ pricing and too much inventory: JCPenney CEO reveals the company’s core problems after 4 months on the job (JCP) | SFGate

Soltau said she has spent time walking through stores, engaging with customers, and analyzing data from shopper surveys to identify the company’s strengths and weaknesses, and to develop a plan for reinvigorating sales. Her top priorities going forward include clearing out unsold inventory, improving the stores’ product mix, and establishing a clear pricing strategy, among […]

Tesla’s Model 3 pricing inches closer to $35,000 target | The Verge

Tesla’s Model 3 pricing inches closer to $35,000 target | The Verge

Tesla has reduced the price of the Model 3 by $1,100, bringing the starting price of its cheapest model down to $42,900 before incentives. All three versions of the car saw the same price reduction, including rear-wheel drive, all-wheel drive, and performance models. In a statement posted by Electrek a Tesla spokesperson said that the […]

We will have to rework our pricing strategy: Pawan Munjal, Hero MotoCorp | The Economic Times

We will have to rework our pricing strategy: Pawan Munjal, Hero MotoCorp | The Economic Times

There is a cost issue here as well. There is going to be a transition to BS-VI. Two-wheelers sales are very sensitive to any price revisions. Is there going to be a change in your pricing strategy or are you going to stick to features over pricing model? It is all work in progress. There […]

Tesla cuts Supercharger prices back down after customer backlash over increase | Electrek

Tesla cuts Supercharger prices back down after customer backlash over increase | Electrek

Tesla Supercharger Price Increase As we reported last week, Tesla is moving away from its per state/region pricing structure to implement a per station pricing structure in order to get more comprehensive prices based on local electricity rates and demand charges. But the change in the structure is also coming with an overall significant increase in […]

Tesla adjusts Model 3 prices amid lowered $3,750 federal tax credit | Teslarati

Tesla adjusts Model 3 prices amid lowered $3,750 federal tax credit | Teslarati

To say that the past year has been monumental for Tesla is a gross understatement. By the end of 2018, the electric car maker had established itself as a leader in the premium EV market, and the Model 3, its most ambitious vehicle, continues to perform well. Seemingly as a means to ensure that the […]

Tesla Model 3 Performance targets BMW M3 with ultra-competitive pricing in China | Teslarati

Tesla Model 3 Performance targets BMW M3 with ultra-competitive pricing in China | Teslarati

Following an announcement from authorities about the upcoming suspension of extra tariffs placed on vehicles imported from the United States, Tesla has reduced the pricing of some Model S and Model X variants in China. The Model 3, which is expected to start deliveries next year, also received some price adjustments. As it turns out, […]

Avoiding the Need to Discount Starts With Prospecting [Video] | Mark Hunter

Avoiding the Need to Discount Starts With Prospecting [Video] | Mark Hunter

Are you having to discount deals to close them? Your need to discount is driven by one or two things. First is not prospecting the right people and second is the lack of creating value in the mind of the customer. If you don’t do both well there’s little chance in being able to close […]

What Tesla’s Model 3 Price Cuts Tells Us About Its Margins – Tesla, Inc. (NASDAQ:TSLA) | Seeking Alpha

What Tesla’s Model 3 Price Cuts Tells Us About Its Margins – Tesla, Inc. (NASDAQ:TSLA) | Seeking Alpha

First, demand for the product at the initial product bundle was below the desired levels. I’ve seen more than one reservation holder comment online that they were contacted by Tesla to ask why they did not purchase the fully-loaded version. Through reservation feedback (i.e., a lack of purchases) and direct customer interviews, Tesla has learned […]

Tesla Is Boosting Margins by Cutting Prices | TheStreet

Tesla Is Boosting Margins by Cutting Prices | TheStreet

Less is more. That’s the strategy that Tesla Inc. (TSLA – Get Report) is taking with the Model 3’s pricing following a surprise price cut to some trim levels this week. Electrek reports that Tesla changed up its Model 3 options and pricing Tuesday, among other things cutting the base cost of a Performance model from […]

Sophisticated pricing software is boosting car sales | IOL Business Report

Sophisticated pricing software is boosting car sales | IOL Business Report

Renault, JLR and Peugeot said their pricing strategies for spare parts were legal, did not take advantage of car owners and were focused on efficiency and ensuring availability for motorists. Peugeot said its replacement parts strategy “consists in offering ranges of spare parts that meet the needs of all customers, regardless of their budget, at […]