Tag: Discounting

Can a strong holiday season save our favorite retailers from bankruptcy? | NBC News

Can a strong holiday season save our favorite retailers from bankruptcy? | NBC News

Struggling brick-and-mortar retailers could get some breathing room this holiday season — but will shopper confidence be enough to stave off bankruptcies in the beleaguered retail sector? So far this season, strategic discounting has encouraged shoppers to buy everything from sweaters to speakers, and analysts are optimistic that stores will be able to avoid the […]

Discount Pricing Strategy Explained | Unleashed Software

Discount Pricing Strategy Explained | Unleashed Software

A pricing strategy is an important element of a lucrative business. More than any other element, a pricing strategy directly impacts the amount of profit you make. Choose a pricing strategy that helps you meet your sales objectives, enhances your brand perception and provides the best profit point for market demand. A discount pricing strategy […]

US Grocers Face More Than Just Amazon | The Epoch Times

US Grocers Face More Than Just Amazon | The Epoch Times

Traditional food retailers are facing challenges from online retailers as well as discounters. According to market research firm YouGov, online grocery market sales will reach $30 billion in 2021, up from $12 billion in 2016. While online retail emphasizes convenience and efficiency on the higher end of the market, discount retailers put additional pressure on […]

Take Advantage Of Fluctuating Prices To Unwrap Savings This Holiday Season | CBS New York

Take Advantage Of Fluctuating Prices To Unwrap Savings This Holiday Season | CBS New York

NEW YORK (CBSNewYork) — It used to be retailers would charge one price for a product, and maybe put it on clearance at the end of the season. Now, prices can fluctuate by the minute, but there is a way you can make it work to your advantage. Experts say ‘dynamic pricing’ is used on […]

Retailers and consumers view holiday shopping differently | FierceRetail

Retailers and consumers view holiday shopping differently | FierceRetail

“BDO’s CxO and Consumer surveys’ data shows that more than one-fourth of consumers plan to purchase the majority of their holiday gifts on Amazon this year, but retailers are more concerned about competition with big-box retailers than Amazon. Additionally, consumers’ plans to watch their budgets this holiday season also suggests that Amazon’s incredibly competitive prices […]

Costco beats Amazon on price | Retail Dive

Costco beats Amazon on price | Retail Dive

Costco is widely seen as benefiting from a treasure hunt atmosphere, where shoppers pick things off the shelves not originally on their shopping list. That, as well as its membership fees, are its saving grace — on some items Costco makes no money. It’s essentially how Amazon operates, too, with its Prime members more or […]

Walmart closes in on Amazon in online price war | The Ledger

Walmart closes in on Amazon in online price war | The Ledger

Walmart is within striking distance of matching Amazon.com’s online prices for the first time, a key milestone in its effort to regain the “low price leader” title. Walmart has aggressively invested in making its prices more competitive against brick-and-mortar rivals since the start of the year. Now, the shrinking gap is also becoming noticeable across […]

The Problem With Fake Discounts | Strategic Pricing Solutions

The Problem With Fake Discounts | Strategic Pricing Solutions

If you are a seller employing the large discount strategy, you should analyze your transactions to see what proportion of your sales are transacted at the full list price.  If only 10% to 15% of your sales are at list price, it is pretty clear your customers recognize the fake discounts.  Unfortunately, it is not […]

Cyber Monday showdown – Walmart closes in on Amazon in online price war | CNBC

Cyber Monday showdown – Walmart closes in on Amazon in online price war | CNBC

Walmart has aggressively invested in making its prices more competitive against brick-and-mortar rivals since the start of the year. Now, the shrinking gap is also becoming noticeable across a broad range of product categories online, according to a price study conducted for Reuters, as well as interviews with pricing experts, retail consultants, vendors and company […]

Cyber Monday 2017: A roundup of this year’s best deals | ABC News

Cyber Monday 2017: A roundup of this year’s best deals | ABC News

It’s Cyber Monday, the official last day of the biggest shopping weekend of the year. Approximately 78 million Americans said they were planning to do some shopping on Cyber Monday, according to a survey released earlier this month by the National Retail Foundation. In addition, online Black Friday sales increased 15 percent this Thanksgiving weekend […]