Tag: Ecommerce

Can dynamic pricing be a headache for brands? | Econsultancy

Can dynamic pricing be a headache for brands? | Econsultancy

But the thing that really stood out about the activity was this: there were no price tags in-store. Visitors to the pop-ups had to scan a product on the Amazon app in order to find out the price. Easy to see how this benefits Amazon. Not so easy to see how it benefits shoppers, or […]

MakeMyTrip: We didn’t want to compromise on market leadership: MakeMyTrip, CEO, Rajesh Magow | The Economic Times India

MakeMyTrip: We didn’t want to compromise on market leadership: MakeMyTrip, CEO, Rajesh Magow | The Economic Times India

At a time when our focus was to drive hotel business from a growth perspective really aggressively, the market dynamics changed with the Ibibo group taking to a very aggressive pricing strategy in terms of acquiring customers in the hotel space and were more volume-focused. This was about a year before the merger. In this […]

Capping of air fares could raise prices: Government | newkerala news

Capping of air fares could raise prices: Government | newkerala news

New Delhi, Jan 6: The government on Saturday said that capping of air fares could “raise prices for the 98-99 per cent of the passengers”. The Ministry of Civil Aviation, in a statement, defended the domestic airline industry against the observations made by the Parliamentary Standing Committee on Transport which pointed to airline staff’s misbehaviour […]

Innovative companies have good reason to be optimistic | TTG

Innovative companies have good reason to be optimistic | TTG

The Payment Services Directive 2 changes will be important, and I have a feeling many travel companies are still undecided on their medium and long-term strategy and will watch the competition closely in a bid to give themselves the best chance to make the right strategic pricing move. Barclays’ travel customers in the luxury, adventure […]

Domestic airline industry follows global practice of dynamic pricing | Business Standard News

Domestic airline industry follows global practice of dynamic pricing | Business Standard News

Union Minister Jayant Sinha on Friday said the domestic airline industry follows the “global practice of dynamic pricing”. The Minister of State for Civil Aviation was defending the industry against the latest observations made by the Parliamentary Standing Committee on Transport which pointed to airline staff’s misbehaviour and over-pricing of air tickets. “Globally, airlines follow […]

DICK’S Sporting Goods now honors World Series merchandise… | Click2 Houston

DICK’S Sporting Goods now honors World Series merchandise… | Click2 Houston

HOUSTON – Online shoppers awoke the day after Christmas to find World Series Astros gear priced astronomically low on the DICK’S Sporting Goods website. Customers thought it was a sale, but it appears it was a glitch and now the athletic store is canceling those orders. “Very upset because if it was a mistake and it would have […]

‘Fares hiked due to higher demand’: Pricing algorithms threaten to tip fine balance between consumer protection, market competition | FirstPost

‘Fares hiked due to higher demand’: Pricing algorithms threaten to tip fine balance between consumer protection, market competition | FirstPost

One such manifestation of such technological developments as indicated in the Vidhi Report are pricing algorithms. Such pricing algorithms are commonly employed by online businesses, particularly in airline, hotel booking and road transport industries, which heavily rely on sophisticated pricing tools to determine and update their prices. For instance, it is common to experience surge […]

Top 5 MDM Articles from 2017 | Modern Distribution Management

Top 5 MDM Articles from 2017 | Modern Distribution Management

As the largest industrial distributor in North America, Grainger is bound to garner attention when it makes a move as big as changing its pricing strategy. This past year proved that MDM readers were eager to learn as much as they could about the company’s hopes of acquiring more customers by adjusting prices. Three articles […]

Amazon faces probe by watchdog over delayed Christmas gifts as customers complain they’ve been ‘duped’ into paying premium | The Sun

Amazon faces probe by watchdog over delayed Christmas gifts as customers complain they’ve been ‘duped’ into paying premium | The Sun

AMAZON faces a probe by the advertising watchdog after customers complained they were failing to deliver Christmas presents on time. Shoppers said they were “duped” into signing up to the online giant’s Prime service to make sure they got their deliveries before the 25th. Amazon could face a probe by the Advertising Standards Authority after customers […]

Amazon.com, Inc. (AMZN) Pop-Up Stores Could Be the Future of Retail | US News

Amazon.com, Inc. (AMZN) Pop-Up Stores Could Be the Future of Retail | US News

This holiday shopping season, Amazon is teaming with Calvin Klein to open holiday-themed brick-and-mortar pop-up stores in New York City and Los Angeles. The pop-up stores may not move the needle much for Amazon investors this year in terms of revenue, but the technology Amazon is testing may serve as a blueprint for its long-term […]