Tag: Competitor-based pricing

The Warehouse boss says sale-driven shopping is on the way out | Stuff

The Warehouse boss says sale-driven shopping is on the way out | Stuff

Chief executive Nick Grayston said the company had seen tangible improvements in the second half after implementing its “everyday low price” strategy. “Our customers told us because we changed our prices so often they were never sure that they were correct and if they bought something today, would it be cheaper tomorrow? “We wanted to take that uncertainty out […]

How the Germans are winning the supermarket war | Switzer

How the Germans are winning the supermarket war | Switzer

There has been a resetting in consumer’s attitudes post the global financial crisis (GFC). Prior to the GFC, shopping at ALDI might have been slightly frowned upon but shopping at ALDI can now mean you’re a frugal, savvy and switched on shopper. The hard-discounters, retailers with a limited product range, low prices and a convenient […]

Google Could Become A Bigger And Better Retailer Than Amazon | Forbes

Google Could Become A Bigger And Better Retailer Than Amazon | Forbes

#1 — Invest Like Hell In A Google Shopping Overhaul For all intents and purposes, all first product searches should happen on Google rather than Amazon. Why? Price transparency. On Google, a consumer should be able to see the prices of everything, all at once, even Amazon product, in comparison to one another. On Amazon, […]

Walmart’s size may not shield it from rising prices | Providence Journal

Walmart’s size may not shield it from rising prices | Providence Journal

It’s getting more expensive for retailers like Walmart to stock its shelves with household staples like diapers, paper towels and bottled water. The question now is whether that translates into more pain at the check-out line. Soaring costs for transportation and raw materials — some related to tariffs — have prompted Procter & Gamble, Nestle, […]

Just announced: T-Mobile is launching a cheaper unlimited wireless plan | WSOC-TV

Just announced: T-Mobile is launching a cheaper unlimited wireless plan | WSOC-TV

On its website, T-Mobile describes Essentials as a plan for people who mostly use their phone in the United States. The carrier says those who travel internationally may be better off with T-Mobile One. T-Mobile One is $70/month for a single line and $160/month for four lines, with taxes and fees included. A lot of […]

Target narrows pricing gap with Walmart | Food Dive

Target narrows pricing gap with Walmart | Food Dive

While the Clark Howard comparison is an informal look, research from data scientists backs up the consumer advocates’ work. Earlier this year, Profitero found that the most intense price competition is among Walmart, Target, Jet and Amazon. On average, the average online prices of those first three combined are just 4.5% more than Amazon, Profitero found. […]

Walmart targets Cincinnati home delivery market with ‘transparency’ pitch | WCPO

Walmart targets Cincinnati home delivery market with ‘transparency’ pitch | WCPO

“The great low price you see on produce, on consumables, on soup and crackers, it’s always the same low price online as they are in stores,” said Walmart spokeswoman Molly Blakeman. “That’s a big deal.” Similarly, Walmart’s delivery fee of $9.95 per order doesn’t change if you hit a certain order threshold, she added, and […]

Using mobile predictive analytics to improve customer experiences | Mobile Business Insights

Using mobile predictive analytics to improve customer experiences | Mobile Business Insights

Predict customers needs and trends No one needs to tell retailers that they’re operating in a competitive landscape. Consumers now have more brands to buy from and more ways to buy than ever before. If a store doesn’t have the right item in stock, or the right price on that item, customers can find another […]

Jeremy Tauri: Charging the correct price | NZ Herald

Jeremy Tauri: Charging the correct price | NZ Herald

Do you have trouble determining an appropriate price for your businesses goods or services? You’re not alone. Many small businesses which assume price is the only factor that their customers consider tend to also assume that a high price strategy won’t work for their business. It can be hilarious to discuss prices with people. I […]

Walmart Earnings: More Signs It’s Fighting Hard on Pricing | Barron’s

Walmart Earnings: More Signs It’s Fighting Hard on Pricing | Barron’s

There’s more evidence that Walmart continues to fight hard on the pricing front. The retailer was recently cheaper, on average, than fellow Barron’s Next 50 stock Amazon.com (AMZN) in 8 of 10 categories studied by Guggenheim Securities, according to a Tuesday note. (Guggenheim checked prices on 10 baskets of 10 items.) In some cases, Walmart […]