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Tag: Behavioral Psychology

Factors That May Propel Coach (COH) to Achieve New Highs | Zacks.com

Factors That May Propel Coach (COH) to Achieve New Highs | Zacks.com

Catalysts As one of the leading American marketers of fine accessories and gifts, Coach boasts a proven strategy of investing in stores to enhance sales output through product innovation, a compelling pricing strategy, new merchandise assortments and a cost-effective global sourcing model. We believe that these strategies will help drive comparable-store sales and operating margins […]

Online buying habits will ultimately shape our world | Concord Monitor

Online buying habits will ultimately shape our world | Concord Monitor

Amazon exists to sell stuff. The online retailing giant recently announced that it will pay nearly $14 billion to acquire the upscale Whole Foods grocery store chain. The impact of the sale for New Hampshire, at least in the short run, will be minimal. Whole Foods has just two stores in the state, in Manchester […]

The rise of dynamic pricing in UK supermarkets | Dispatch Weekly

The rise of dynamic pricing in UK supermarkets | Dispatch Weekly

Supermarkets are changing their product prices depending on the day, time, season or demand. Dynamic – or surge pricing is a common practice in the hospitality, and travel industries. It now seems the trend has made its way into online grocery stores and is now looking to enter brick and mortar supermarkets. Most people experience […]

10 Tips From Power Tool Masters | Hardware Retailing

10 Tips From Power Tool Masters | Hardware Retailing

Tip 2—Build a reputation for low prices. Go with low prices—that’s the reason Andrews is able to pull in such high sales numbers during his annual tool sale. He’s willing to lose margin dollars and sell his tools below big-box prices just so he can get customers in the door. “I’m selling these tools cheaper […]

Why your bananas could soon cost more in the afternoon | BBC News

Why your bananas could soon cost more in the afternoon | BBC News

Technology is enabling supermarkets and other retailers to change their prices throughout the day, but why should they want to do this and what will customers think about it? Many know the dispiriting feeling when the summer holiday flight they had their eye on suddenly goes up £50, or the Uber they call on a […]

A Former Amazon Employee Has a Warning For Brands | Racked

A Former Amazon Employee Has a Warning For Brands | Racked

A report last week suggested that Nike was close to inking a wholesale partnership with Amazon, causing many to cringe just thinking about the effects such a deal would have on struggling retailers. Nike, however, would come out ahead, as it could potentially see an additional $300 to $500 million in sales. Former Amazon employee […]

Coca-Cola hikes fizzy drinks prices | OdishaSunTimes.com

Coca-Cola hikes fizzy drinks prices | OdishaSunTimes.com

New Delhi: Beverages major Coca-Cola India on Tuesday announced that prices of its packaged drinking water brand Kinley will be cut while aerated drinks will get slightly more expensive. The new pricing strategy has been announced with the country’s biggest indirect tax reform — the Goods and Services Tax — just around the corner. In addition, […]

If You Shop at Wal-Mart, You’re Going to Hate Its Latest Anti-Amazon Strategy | Money Morning

If You Shop at Wal-Mart, You’re Going to Hate Its Latest Anti-Amazon Strategy | Money Morning

Wal-Mart Stores Inc. (NYSE:WMT) is ditching its most well-known pricing strategy in an effort to compete with e-commerce leviathan Amazon.com Inc. (Nasdaq: AMZN). To encourage consumers to use Wal-Mart’s app and online store to shop for merchandise, the company has decided to eliminate its price-matching policy at over 800 of its 5,000 stores nationwide – […]

Here Comes Uber Inspired Surge Pricing in Supermarkets | TheStreet

Here Comes Uber Inspired Surge Pricing in Supermarkets | TheStreet

British shoppers may have to deal with so-called ‘surge pricing’ in the near-future as supermarkets plan to bin traditional pricing for electronic tags. Tesco plc (TSCDY)  and Wm Morrison Supermarket plc (MRWSY) are said to be among the U.K. supermarkets planning to introduce electronic tags that could result in surge-pricing of popular items, London’s Telegraph […]

What is surge pricing, how would it work for supermarket groceries and what companies already use the model? | The Sun

What is surge pricing, how would it work for supermarket groceries and what companies already use the model? | The Sun

How would surge pricing work in a supermarket? It was recently reported that supermarkets could introduce surge-pricing in a move similar to Uber’s price changes on busy nights. Chains including Tesco, Sainsbury’s and Morrisons are said to be considering the change in line with “e-prices”, which change with demand. This would involve ditching traditional paper price […]