Tag: Ecommerce

Walmart Looks to Differentiate Through New Online Pricing Strategy | And Now U Know

Walmart Looks to Differentiate Through New Online Pricing Strategy | And Now U Know

BIRMINGHAM, AL – Can a new pricing strategy help Walmart differentiate itself from one of its biggest competitors? According to The Wall Street Journal, the retailer’s new move to raise online prices is effectively showing key differences between Walmart and e-commerce mega company Amazon. Avery Sheffield, Global Portfolio Manager, Brandywine Walmart’s new strategy entails a […]

Kroger using Google and Microsoft clouds to avoid paying Amazon | CNBC

Kroger using Google and Microsoft clouds to avoid paying Amazon | CNBC

For Kroger, that fear has become more obvious by the day. In August, Amazon bought Whole Foods for $13.7 billion and instantly cut prices at the upscale grocer. CNBC has also been reporting on Amazon’s potential efforts to crack the pharmacy market, another reason for Kroger to be concerned. Kroger gets about 9 percent of […]

Amazon Offers New Discounts on Third-Party Sellers’ Goods | Fortune

Amazon Offers New Discounts on Third-Party Sellers’ Goods | Fortune

If you find more goods than usual on Amazon are discounted as the holiday season starts, that may not be because the sellers have chosen to cut their prices. Instead, as The Wall Street Journal reported Sunday, Amazon itself has started briefly discounting certain items sold by sellers, by as much as 9%. This only […]

Avios to introduce “dynamic pricing” | Business Traveller

Avios to introduce “dynamic pricing” | Business Traveller

Frequent flyer programme Avios is to move towards a “dynamic pricing” concept from next year, its parent company International Airlines Group (IAG) has confirmed. IAG announced the plans during its annual Capital Markets Day presentation, in which it said that there would be a “Progressive introduction of Dynamic Pricing from 2018”. Full details have yet […]

Cheaper travel: Flexi-fare on trains to be revised | Oneindia

Cheaper travel: Flexi-fare on trains to be revised | Oneindia

Once the new system is in place, then half the passengers who book early will get an advantage of a cheaper fare. The aim of the flexi-fare system was to generate additional revenues and reduce cross-subsidisation from freight. Further the Railway Board is also contemplating a flat increase in fares on premium trains as on […]

Hopper expands its price prediction technology to hotels, initially in NYC | TechCrunch

Hopper expands its price prediction technology to hotels, initially in NYC | TechCrunch

As it does with flights, the new version of Hopper will predict future hotel pricing and tell you when to buy or wait to get the best deal on a room rate. Hopper says its technology is 95 percent accurate up to six months in advance, so it can be used for planning trips far […]

Facebook already owns social. Now it’s going after shopping | WIRED UK

Facebook already owns social. Now it’s going after shopping | WIRED UK

At the core of Radinsky’s research is causality – understanding how events tie together to make something happen. Before she joined eBay, she created a system that brought together disparate data sources to try and discover the cause behind Ebola outbreaks in West Africa. She traced the line of causality back to gold mines, that […]

Dynamic pricing – an unrealised threat for food brands and e-retailers | Food Navigator

Dynamic pricing – an unrealised threat for food brands and e-retailers | Food Navigator

Fixed pricing has ruled the high street since 1861 when John Wanamaker opened a department store in a Quaker district of Philadelphia. He introduced price tags for his goods, along with the lofty slogan: “If everyone was equal before God, then everyone would be equal before price.”​ Ever since then, consumers have expected the prices […]

Wait, Who Is Beating Walmart (WMT) on Food Prices!? | TheStreet

Wait, Who Is Beating Walmart (WMT) on Food Prices!? | TheStreet

The ongoing battles in retail, especially as it pertains to pricing, may be taking a larger toll on Walmart’s (WMT – Get Report) model than previously thought. Analysts with Wolfe Research, who recently completed trips to Walmarts and Krogers (KR – Get Report) in Houston and Atlanta, discovered that Kroger’s prices were lower in both markets. […]

How Amazon can rip you off by changing prices 300 times | Daily Mail Online

How Amazon can rip you off by changing prices 300 times | Daily Mail Online

When Alexander Turney Stewart opened a brand new store in New York in the 1820s, he adopted a radical and original policy. All goods had a fixed price. No longer would salesmen size up the apparent wealth of a customer and see how much they could get away with charging. Rival retailers predicted the Irishman […]