SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Competitor-based pricing

Target’s Back-to-Basic Approach Works for Now | Bloomberg Quint

Target’s Back-to-Basic Approach Works for Now | Bloomberg Quint

The irony is that what seems to be working for Target isn’t a besting of Amazon at its own digital game, but rather a refocusing on retailing staples such as pricing, store remodeling and the launch of exclusive brands. In the press release announcing the boosted guidance, there isn’t one mention of “digital,” “online” or […]

Kroger’s analytics and personalized pricing keep it a step ahead of its competitors | Food Dive

Kroger’s analytics and personalized pricing keep it a step ahead of its competitors | Food Dive

Coupled with price-cutting initiatives, Kroger’s focus on personalized pricing through e-coupons and mobile app offers — Best Customer Bonuses and Free Friday Downloads among others — helps keep it price-competitive against Walmart and a host of value retailers like dollar stores as well as Aldi and Lidl. The personalized deals also strongly resonate with shoppers […]

Supreme Court restricts patent holder’s bounds | Albuquerque Journal

Supreme Court restricts patent holder’s bounds | Albuquerque Journal

A century ago, the corporate predecessor to Columbia Records sold its patented, cylinder-spinning Graphophones to a dealer with the condition that the dealer would retail them at a fixed price. When the dealer offered the machines at a discount, the corporation sued. But it didn’t sue for the broken contract (which was then illegal under […]

T-Mobile will quietly hike prices to Verizon levels | BGR

T-Mobile will quietly hike prices to Verizon levels | BGR

The hotspot data and HD video streaming are both perks that you get with Verizon’s base plan, and are arguably necessities for heavy users. Without the One Plus perk, T-Mobile’s plan is significantly cheaper than Verizon’s: The T-Mobile One plan is $70 a month for one line, whereas Verizon is $80. Four lines on T-Mobile […]

The Rise of These Two Ruthless German Grocery Stores Has This Influencer Terrified About Walmart | TheStreet

The Rise of These Two Ruthless German Grocery Stores Has This Influencer Terrified About Walmart | TheStreet

“Our store visits and analysis highlighted significant price compression in private-label pricing, aggressive prices in the all-important customer traffic-driving fresh food areas and even lower branded prices, too,” Mushkin and Otway wrote. Wolfe found that Walmart lowered its prices by more than 20% at certain stores in Virginia Beach and North Carolina, where Lidl now […]

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 […]

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 – […]

The Price is Right, or is it? | Profitology

The Price is Right, or is it? | Profitology

The pricing strategy of a small business often determines the ultimate success or failure of that business. Small Business Owners commonly set prices with a view of being the cheapest in the market, with no consideration as to the total costs involved with delivering their product or service. The following factors should be considered when […]

Will You Match Your Competitor’s Price? | Business2Community

Will You Match Your Competitor’s Price? | Business2Community

When it comes to pricing, there are countless strategies that companies rely on. Schools of thought vary on how to price for success, and entire books can and have been written on the subject. But the question for this post is a very basic one: Will you match your competitor’s price? This is a question […]

Aldi battles Walmart for price leadership | SuperMarket News

Aldi battles Walmart for price leadership | SuperMarket News

Aldi is responding to Walmart’s aggressive price cuts by expanding its offering of private label products and adopting a more flexible pricing strategy that will help it maintain its price leadership position, according to a Reuters report. The German-owned retailer, which earlier this year unveiled a $1.6 billion remodeling effort to expand its perishables assortments […]