SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Ecommerce

Amazon lowers free shipping minimum again, escalating price war with Wal-Mart | Retail Dive

Amazon lowers free shipping minimum again, escalating price war with Wal-Mart | Retail Dive

Enter Wal-Mart, which since its $3.3 billion acquisition of Jet last year and the hire of Jet founder Marc Lore appears to believe that Amazon’s emphasis on Prime has left a segment of e-commerce to be disrupted. In an interview with Retail Dive earlier this year, Keith Anderson, vice president of strategy and insights at […]

Travel dilemmas: Dynamics of pricing | TravelWireNews

Travel dilemmas: Dynamics of pricing | TravelWireNews

Simple supply and demand? Yes, but with a twist. “What’s happening is not new in the world,” said George Hoffer, a transportation economist at the University of Richmond in Virginia. Whether we’re talking about yield management, dynamic pricing or surge pricing (which you hear in connection with ride-sharing services), “it’s called price discrimination, and price […]

Are Retailers Killing True Free-Market Pricing? | Talkmarkets

Are Retailers Killing True Free-Market Pricing? | Talkmarkets

On the surface, online shopping seems to favor shoppers. It’s easy to compare prices, shipping cost and time, sales tax, and other factors to get the best deal. Retailers have to offer lower prices to make you buy, right? Well, maybe. Last week, I read a fascinating Atlantic Monthly article by Jerry Useem: “How Online Shopping Makes […]

Does Online Shopping Mean the End of Fixed Prices? | Fortune.com

Does Online Shopping Mean the End of Fixed Prices? | Fortune.com

In a week with the usual litany of bad news for brick-and-mortar retailers, The Atlantic offers an in-depth look at one of online sellers’ biggest advantages—data-driven dynamic pricing. It’s a tactic familiar to anyone who has watched items in their Amazon basket change price over the course of a day (or an hour)—but traditional retailers […]

AFL Insider: ​Some good news you’ll never hear | Sporting News

AFL Insider: ​Some good news you’ll never hear | Sporting News

The League will be quietly changing its ‘dynamic pricing ticketing system’ at the end of the season, but don’t expect to hear too much about it. MORE: Sheedy reveals true birth of Giants, Swans rivalry The system, whereby the ‘home’ club can add whatever premium it chooses to reserved seating in certain blockbuster games, will have […]

New Nike pricing strategy worries analysts | Portland Business Journal

New Nike pricing strategy worries analysts | Portland Business Journal

As it seeks to navigate a bruising retail environment and possibly responds to pressure from rivals, Nike has changed how U.S. retailers price its products. The sportswear giant will let retailers advertise 25 percent discounts on Nike merchandise year round. … Nike declined to confirm details or comment on specifics, but said in a statement […]

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 […]

Dynamic Pricing: When Should Retailers Bother? | Forbes

Dynamic Pricing: When Should Retailers Bother? | Forbes

Before I get started on answering the question about whether retailers should bother with dynamic pricing, let’s first define what it really is. Dynamic pricing is the act of changing a price multiple times throughout the day or week. There is some expectation that the frequency of price changes is unusually high relative to how […]

Get Predictive: The Keys To Achieving Data-Driven Personalization And Pricing | Retail TouchPoints

Get Predictive: The Keys To Achieving Data-Driven Personalization And Pricing | Retail TouchPoints

Pricing, Even When Predictive, Requires Context Many predictive analytics platforms are designed for price optimization, but in today’s world of deep discounts and markdowns, brands must prevent themselves from entering a race to the bottom. Effective pricing requires studying both pricing trends and the consumer’s potential action. With predictive analytics, brands can monitor consumer’s buying […]

EU Commissioner Warns Companies of Potentially Unlawful Use of Pricing Algorithms | The National Law Review

EU Commissioner Warns Companies of Potentially Unlawful Use of Pricing Algorithms | The National Law Review

Commissioner Vestager’s speech comes amidst increased enforcement into online practices and mirrors the concerns and recent enforcement activity by national competition authorities.  In August 2016, the UK Competition and Markets Authority issued an infringement decision against two online sellers of poster and frames for using automated re-pricing software to implement their price-fixing agreement. The German […]