SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Grocery Pricing

How austerity-fatigued consumers will spend in post-price rise Britain | The Drum

How austerity-fatigued consumers will spend in post-price rise Britain | The Drum

Coffee, Marmite, fish fingers and Walkers crisps – nothing appears to be safe from the Brexit-themed price rise. With an unfortunate mix of uncertainty and inflation expected to make the pound in our pocket feel much lighter in 2017, many people fear a sharp downturn in consumer spending could hurt brands. It raises the question: […]

Freddo chocolate bar price increases to 30p causing ‘outrage’ online | BBC Newsbeat

Freddo chocolate bar price increases to 30p causing ‘outrage’ online | BBC Newsbeat

The price of the Cadbury’s Freddo has risen, causing “outrage” among fans of the small chocolate bar. People are reporting seeing packets of the 18g treat labelled at 30p, up from 25p earlier this year. That’s an increase of 5p and to some it might only be a few pennies but to others it’s a […]

Rollback: Wal-Mart to focus more on everyday low pricing initiative | The Globe and Mail

Rollback: Wal-Mart to focus more on everyday low pricing initiative | The Globe and Mail

Wal-Mart Canada Corp. is going back to the future in its discount-pricing practices. The retailer is focusing more than ever on so-called everyday low pricing (EDLP), which was a foundation of its low-cost business model. In past years, it occasionally drifted to shaving weekly prices on a short-term basis and then raising them again, as […]

Trouble at till …Tesco’s pricing problems are a lesson to us all! | The Vision of the Pension Playpen

Trouble at till …Tesco’s pricing problems are a lesson to us all! | The Vision of the Pension Playpen

So what’s with all this? When we’re at the till, we’re spending a few pounds, when we buy financial services, we’re spending thousands. We see a rate and believe we’re getting it. There is no till receipt telling us what we’ve actually paid. We only find out what’s come out , years later, and then […]

Whole Foods Market makes shift in strategy | IGD Retail Analysis

Whole Foods Market makes shift in strategy | IGD Retail Analysis

Shift 1: focusing on its core customers A key element of this is accelerating category management implementation, following pilots in a small number of categories, which will impact its merchandising, pricing, marketing and loyalty strategies. To support this, it will partner with dunnhumby, which will apply its customer-data models to make more informed decisions in […]

Coles price cuts keep on coming | Herald Sun

Coles price cuts keep on coming | Herald Sun

Managing director John Durkan says there will be no change in strategy at the heavyweight grocer, which launched its highly successful everyday low pricing strategy seven years ago. The bullish statements from Mr Durkan follow a report by investment bank UBS speculating that Coles and Woolworths were set to ease up on aggressive price discounting […]

Watch: Poundland exec on pricing, Pep & Co and Tesco | Retail Week

Watch: Poundland exec on pricing, Pep & Co and Tesco | Retail Week

Poundland unveiled its first full Pep & Co shop in shop last week at its Hanley store in Stoke. Retail Week caught up with Poundland’s trading director Barry Williams to discuss the move, Poundland’s pricing strategy and Tesco’s Booker acquisition. Williams, who turned down Morrisons to join the Steinhoff-owned retailer in November, revealed that up […]

Competition is the best way to fuel growth and end tacit collusion | Herald Sun

Competition is the best way to fuel growth and end tacit collusion | Herald Sun

DO you know which day of the week is cheapest to buy groceries? Or which day is cheapest to buy whitegoods, cars and appliances? Spoiler alert: there isn’t one! So why is there a cheap day to buy petrol? If hundreds of petrol stations really are engaged in dog-eat-dog competition, why do they all raise […]

Aldi, Lidi, Google Tops in Simplicity Index | MediaPost

Aldi, Lidi, Google Tops in Simplicity Index | MediaPost

Brands that embrace simplicity tend to enjoy increased revenue, valuation, brand advocacy and employee engagement, according to Siegel+Gale. The global brand strategy firm has revealed the top finishers of its seventh annual Global Brand Simplicity Index. Low-price grocery chain Aldi retains the number one spot as the world’s simplest brand, followed by Lidi, a German discount […]

How Customers Perceive a Price Is as Important as the Price Itself | Harvard Business Review

How Customers Perceive a Price Is as Important as the Price Itself | Harvard Business Review

Price wars have broken out in consumer industries around the world. Retailers such as ALDI and Walmart have used price to position themselves against traditional competitors in their markets, pinching margins all around. Financial asset managers have been out-price-cutting one another in exchange-traded funds in a bid to gain market share. Major U.S. telecommunications carriers now […]