SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Competitor-based pricing

Impact Of Pricing War On Wal-Mart – Wal-Mart Stores, Inc. | Seeking Alpha

Impact Of Pricing War On Wal-Mart – Wal-Mart Stores, Inc. | Seeking Alpha

Wal-Mart (NYSE:WMT) is making additional investments in its pricing strategy to ensure it remains the most affordable retailer within the U.S. A recent price comparison by Reuters in five cities for a basket of 15 items showed Wal-Mart offering the goods at 5% to 10% cheaper than Aldi. Wal-Mart’s new pricing strategy is being used […]

Report: 30% of Fuel Retailers Using Daypart Fuel Pricing | Convenience Store News

Report: 30% of Fuel Retailers Using Daypart Fuel Pricing | Convenience Store News

COLORADO SPRINGS, Colo. — Thirty percent of fuel retailers actively use daypart pricing, and 50 percent of those who use fuel pricing software actively use daypart pricing, according to a new research report from PriceAdvantage, a fuel price management software company and division of Skyline Products. The report was produced in collaboration with Schneider Electric […]

Walmart Gets Tough On Prices And Suppliers | PYMNTS.com

Walmart Gets Tough On Prices And Suppliers | PYMNTS.com

Walmart is launching a new price-comparison test in about 1,200 of its U.S. retail locations as it moves to try and close the pricing gap with rival grocery peddlers (like Kroger) and discounters (like Aldi). The move is widely expected to put pressure on packaged good suppliers. The test ranges across 11 states located in […]

Exclusive: Wal-Mart launches new front in U.S. price war, targets Aldi in grocery aisle | Reuters

Exclusive: Wal-Mart launches new front in U.S. price war, targets Aldi in grocery aisle | Reuters

Wal-Mart Stores Inc (WMT.N) is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi ALDIEI.UL and other U.S. rivals like Kroger Co (KR.N), according to four sources familiar with the moves. Wal-Mart launched the […]

McDonald’s Starts a Price War It Can Only Lose | The Motley Fool

McDonald’s Starts a Price War It Can Only Lose | The Motley Fool

It’s going to get a lot cheaper to get your drink on at McDonald’s (NYSE:MCD). Bloomberg is reporting that the chain is gearing up for a springtime promotion where it slashes prices on some of its more popular beverages. Soft drinks of any size will sell for $1 come April. McCafe beverages — including smoothies, frappes, […]

Pricing – Science or Art? | independenttribune.com

Pricing – Science or Art? | independenttribune.com

There are plenty of formulas, theories and spreadsheets out there to help you determine how to set prices for your products and services. You may opt for pricing consistently below your competition. Or you may prefer to ensure that your prices return a minimum profit margin. Perhaps it’s just ‘what feels right’. Or you may […]

Is Daypart or Dynamic Fuel Pricing Right for You? | Convenience Store Decisions

Is Daypart or Dynamic Fuel Pricing Right for You? | Convenience Store Decisions

New survey aims to understand effective pricing strategies for c-store retailers. Changing pump prices multiple times per day based on demand, sometimes referred to as daypart pricing, or dynamic pricing, is becoming more commonplace. Examples might include adjusting fuel prices with the morning or evening commute or special discounts during lower demand times. Note this […]

Why Being Unpredictable Is a Bad Strategy | Harvard Business Review

Why Being Unpredictable Is a Bad Strategy | Harvard Business Review

A strategy can backfire if it’s perceived as suspiciously unpredictable, as a client and I discovered in a business war game I facilitated. The company wanted to test an innovative, reve­nue-neutral plan to simplify industry pricing. The plan should have been as competitively harmless as changing the color of its corporate logo. It found instead that the […]

The Strategic Approach to Competitive Pricing Zones | RW3 Technologies

The Strategic Approach to Competitive Pricing Zones | RW3 Technologies

THE STRATEGIC APPROACH TO COMPETITIVE PRICING ZONES Expanding into a new market is a formidable challenge for any retailer. It requires a thoroughly planned-out strategy beginning with understanding your new customer demographics, market shift trends, and the competitive landscape. And success in one city or neighborhood doesn’t necessarily promise success in another one with a […]

For Many Retailers, the Price Isn’t Right | WSJ

For Many Retailers, the Price Isn’t Right | WSJ

In October, the acting chief executive of GNC Holdings Inc. made a confession: The big vitamin retailer had “a badly broken business model.” Its prices were too confusing and constantly undercut by online competitors. Sales were plunging. Behind the scenes, executives had decided the only way to fix things was to start over. So on […]