Tag: Competitor-based pricing

Fuel prices are stable for now, but continue to sting motorists | Times of India

Fuel prices are stable for now, but continue to sting motorists | Times of India

After rising steadily for a few weeks, prices of petrol and diesel have stabilised at Rs 79.50 and Rs 68.50 per litre this week, apparently under instructions from the Union petroleum ministry not to raise prices of the two commodities, for now. The manner in which prices of petrol and diesel were rising in the […]

‘Never been one this large’ Kroger price cuts are part of a multi-million dollar investment | thv11.com

‘Never been one this large’ Kroger price cuts are part of a multi-million dollar investment | thv11.com

Kroger has begun cutting prices on more 3,000 items in approximately 100 stores in its Delta region, which includes Arkansas, Tennessee, Mississippi, Missouri and Kentucky. Kirby estimated that that works out to about 10 percent of everything shoppers will find in a typical store. “There’s never been one this large,” Kirby said of the price-reduction […]

Can Xiaomi’s Killer Pricing Shake Up the TV Market in India? | NDTV Gadgets360.com

Can Xiaomi’s Killer Pricing Shake Up the TV Market in India? | NDTV Gadgets360.com

Xiaomi has now launched three TVs in India a rather short span of time and our TV expert Gagan Gupta joins host Pranay Parab to talk about this development. Can the company revolutionise the TV market in India? We discuss that and much more. We begin by talking about Xiaomi’s new TV launches namely the Mi […]

Energy Observers Calls for Fuel Price Hike Transparency | Indonesian News Portal

Energy Observers Calls for Fuel Price Hike Transparency | Indonesian News Portal

“If the non-subsidized fuel price increased, people will use the subsidized ones,” he said. Marwan said the increasing prices of non-subsidized fuels Pertamax (RON 92), Pertamax Turbo (RON 98), Dex (CN 53), and Dexlite (CN 51) will have impacts on inflation. However, he predicted that the impact would not be significant. As long as the […]

Walmart’s Low-Price Strategy Breaks Down Online | RetailWire

Walmart’s Low-Price Strategy Breaks Down Online | RetailWire

Walmart is known for its commitment to low prices, but the company is discovering that shipping the lowest-priced products is making it tough to turn a profit with e-commerce. So, the chain has begun encouraging consumer package goods vendors to provide higher-priced items to sell on Walmart.com. Earlier in February, Walmart eCommerce CEO Marc Lore […]

Nestle in Talks to End Supermarket Row as Pricing Pressures Build | US News

Nestle in Talks to End Supermarket Row as Pricing Pressures Build | US News

The spat is the latest sign of tension between retailers and suppliers. Manufacturers like Nestle, Unilever and Procter & Gamble are grappling with changing consumer tastes towards healthier food and independent brands. They try to offset that by selling more higher-priced items, but the retailers are reluctant to put up prices as they face their […]

All about penetration pricing strategy | Amazon Services

All about penetration pricing strategy | Amazon Services

As an e-tailer, you must already know that it’s all about setting the right price when it comes to effectively catering to your target audience. A well-articulated penetration pricing strategy will help you break into an already established product category and gain traction. Initially, you’ll have to put up your offerings for sale at a […]

Wal-Mart Sharpens Online Edge, Join Forces With Rakuten | Zacks.com

Wal-Mart Sharpens Online Edge, Join Forces With Rakuten | Zacks.com

With the objective of capitalizing on the booming online shopping, Rakuten and Seiyu GK, a subsidiary of Walmart have reached a new agreement to launch “Rakuten Seiyu Netsuper”, a new online grocery delivery service in Japan. The service is likely to be launched in the latter half of 2018. Through the partnership both the companies […]

Grocery shoppers could move online twice as fast as originally anticipated | CNBC

Grocery shoppers could move online twice as fast as originally anticipated | CNBC

The shift is already evident: 49 percent of all shoppers bought a packaged good online within the last three months. That includes 61 percent of millennials and 44 percent of baby boomers. It also includes 54 percent of affluent households and 40 percent of low-income households. Grocery stores, cognizant of the price transparency the web […]

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

What do you stand to lose as Amazon’s retail competition crumbles? Purchasing power. When competition is eliminated, so too are incentives to keep prices low as a market disrupter. By destroying its competitors, Amazon is also extinguishing any repercussion traditionally associated with price increases — that is, a customer choosing a competitor instead of Amazon. […]