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Tag: Markdown Pricing

Retail Markdowns Often Beat Outlet Prices | WSJ

Retail Markdowns Often Beat Outlet Prices | WSJ

Attention, bargain hunters: Think twice about those outlets. It turns out many chains have cheaper prices in their regular stores. American Eagle Outfitters Inc. was selling women’s jeans for $29.97 during the first weekend in February in Philadelphia—20% less than similar jeans in its outlets, according to consulting firm Haynes & Co. In Houston, the […]

Markdowns and Mavens: What Macy’s, Neiman and Guess Reveal About Price Wars | Forbes

Markdowns and Mavens: What Macy’s, Neiman and Guess Reveal About Price Wars | Forbes

It used to be that inventory control was the unattainable goal in retail; today it is putting a price on what consumers are willing to pay. Retailers have been testing a variety of options in an effort to either train shoppers to spend more or meet shoppers who demand to pay less. The apparel chains […]

Pricing News Daily > 11/20/14

Pricing News Daily > 11/20/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Wiser Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most […]

Markdown Vs Everyday-Low-Prices – The Impact of Regret and Availability Misperceptions | Ideas for Leaders

Markdown Vs Everyday-Low-Prices – The Impact of Regret and Availability Misperceptions | Ideas for Leaders

Retailers searching for the best pricing and inventory strategies must take into account the behavioural motives of their customers described above. Specifically, these behavioural motives can determine whether a markdown strategy (starting at high prices and then reducing them over time) or an everyday-low-price strategy (keeping prices down at all times) is more profitable. The […]

Pricing News Daily > 9/4/14

Pricing News Daily > 9/4/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the […]

Want to save money? Don’t go shopping this weekend | CNBC

Want to save money? Don’t go shopping this weekend | CNBC

But they could wind up disappointed. While consumers might see discounts in the 25 percent to 30 percent range for apparel—an area where sales have been sluggish—prices are usually slashed 50 percent to 60 percent during Black Friday, said Mary Delk, a strategy operations director for Deloitte Consulting’s retail and wholesale distribution practice. “This year, […]

Pricing News Daily > 6/16/14

Pricing News Daily > 6/16/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. Today’s Headlines This Week in Pricing > 6/14/14 pricing-news.com – TWIP is a recap of the week’s top pricing strategy in the news and resources for pricing professionals. We […]

Pricing Strategy | Better Wholesaling

Pricing Strategy | Better Wholesaling

In terms of pricing strategy, retailers should favour an every­day low-pricing model on products that shoppers think will always be available or for which shoppers have a ready substitute. In the garment trade, an undershirt falls into this category. But garment retailers also sell products such as a fashion jacket at a high price and […]

This Week in Pricing > 4/26/14

This Week in Pricing > 4/26/14

Top Headlines Moore’s law gives way to Bezos’s law | gigaom­.com Is there such thing as fair price? | knowledge­.insead.edu Want a better “best and final” price? Then start high. | corporatevisions­.com Big Data and personalised pricing: consider yourself gamed | theconversation­.com How To Pitch To Buyers Who Only Want To Talk About Price | […]

Pricing News Daily > 4/24/14

Pricing News Daily > 4/24/14

Top Headlines Market Pricing, Solving Health Care Pricing Problems | blog.heritage.org Want a better “best and final” price? Then start high. | corporatevisions.com Could the ease of Uber come to parking garages? | washingtonpost.com Fliers say bill will give airlines license to lie about fares | usatoday.com Should markdown codes be better hidden? | RetailWire […]