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Tag: Discounting

Down to Business: Amazon hulking over retail landscape | The Daily Gazette

Down to Business: Amazon hulking over retail landscape | The Daily Gazette

With physical stores, Amazon will be “a new competitor for retailers,” says Ouimet. That will come in large part from Amazon’s “sophisticated, dynamic pricing” — flexible prices influenced by supply and demand. “Retailers are going to find themselves competing with a competitor that can react within 90 seconds . . . to a price change,” he said. […]

5 Steps To A Smarter Online Pricing Strategy | Twice

5 Steps To A Smarter Online Pricing Strategy | Twice

There are few things as important as your pricing strategy. Get it wrong and your business won’t survive. Get it even mostly right and reaching your goals will be more difficult than necessary. But get it right and you will pave a smooth path to success. The Internet and smart phones have enabled consumers to […]

Deflation will end, but price wars are just beginning for retailers | Food Dive

Deflation will end, but price wars are just beginning for retailers | Food Dive

Retailers need to know their strengths and how they are different from their competitors, and then zero in on those areas. In its most recent earnings report, Tops Markets discussed two holiday pricing promotions that helped the company retain market share. Tops had enjoyed success with the promotions in the past, and knew its customer […]

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda […]

What Beer Pricing Tells Us About Incentives | Strategic Pricing Solutions

What Beer Pricing Tells Us About Incentives | Strategic Pricing Solutions

Last month I attended two Major League Baseball spring training games with some long-time friends.  Of course, our experience included beer, because ball parks and beer go together so well. Buying the beers also reminded me that in pricing strategy, how you structure your prices is just as important as the prices you set. One […]

Discounting Can Cost Retailers Millions — By Not Selling | Forbes

Discounting Can Cost Retailers Millions — By Not Selling | Forbes

Hemlines rise and fall fast, but when it comes to the shelf life of a discounted $500 skirt, the number of days can drag on — to 106, to be precise. That’s how long it can take an online luxury retailer to sell a piece of women’s wear, even when discounted, according to an analysis […]

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Poundland unveiled its plans to expand its price proposition and widen its in-store product offering. Will the move inspire or alienate its shoppers? The discount retailer has dabbled with multi-price products over the years, but this week the business planted its flag in the ground and introduced 50p, £2 and £5 price points. The move […]

Poundland introduces new price points | IGD Retail Analysis

Poundland introduces new price points | IGD Retail Analysis

As the new £1 coin is introduced, discount retailer Poundland has unveiled its new pricing strategy, however focus will remain on the core price point. New price points: 50p, £2 and £5 Poundland has introduced three new price points – 50p, £2 and £5 – taking it from a single-price retailer to a multi-price retailer […]

No end to home loan discounts as property prices keep rising: Deloitte | afr.com

No end to home loan discounts as property prices keep rising: Deloitte | afr.com

Banks will continue to offer owner occupiers steep discounts on standard variable rates to protect their market share as investor lending is tightened, and property prices around the country will continue to climb, leaders of the mortgage industry say. Deloitte’s annual Australian mortgage report released on Thursday said in 2016 major banks had been offering […]

Toledo-area shoppers drink up drop in milk prices | The Blade

Toledo-area shoppers drink up drop in milk prices | The Blade

Some shoppers may not have noticed, but milk prices have been falling steadily the past 18 months, and locally the price of a gallon is less than half the U.S. average cost, possibly stemming from pricing bait by the large grocery chains. In the Toledo area this week, a gallon of milk costs $1.09 at […]