SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: omnichannel retailing

Retailers – can you be liable for cartel behaviour for using pricing software and algorithms? | JDSupra

Retailers – can you be liable for cartel behaviour for using pricing software and algorithms? | JDSupra

A key issue regulators are grappling with is what antitrust liability can attach to retailers who use price matching software or other algorithms to match competitors’ online prices? In a speech made on 16 March 2017, the EU’s Commissioner for Competition, Margrethe Vestager, confronted the growing issue of the use of price matching software (PMS) […]

The Relentless Quest For Low Prices | Forbes

The Relentless Quest For Low Prices | Forbes

According to PricewaterhouseCoopers’ latest report, price is the No. 1 factor that motivates purchases. Shoppers are relentless in their search for affordability, scouring the web to research and compare prices. Meanwhile, competitive pricing is unsustainable long-term as retailers compete with the flurry of new entrants in the onslaught of e-commerce disruption. Our recent retail survey found 64% […]

FedEx and UPS pricing models no longer match up like the old days | Logistics Management

FedEx and UPS pricing models no longer match up like the old days | Logistics Management

Martinez also noted that with this announcement FedEx did not match UPS’s rate increase, with FedEx taking a 3.9% increase on Express and International Export and Import products compared a 4.9% average for UPS, and the FedEx Ground minimum charge at $7.25 compared to UPS’s $7.32, along with the companies set to have totally different […]

6 Things Brands Should Consider When Pricing for Cross Border Markets | eShopWorld

6 Things Brands Should Consider When Pricing for Cross Border Markets | eShopWorld

Poor product pricing for new markets may be costing brands, we look at the key pricing concerns that affect conversion for International retailers To optimize conversion, online retailers should research pricing and aim to hit a price point that is sustainable in individual countries. The returns that can be generated in short tail markets can […]

Valve is being investigated by the European Commission over ‘suspected anti-competitive practices’ | PC Gamer

Valve is being investigated by the European Commission over ‘suspected anti-competitive practices’ | PC Gamer

The European Commission has today opened three investigations into practices where it believes companies are trying to prevent customers from benefiting from cross-border purchases. Alongside consumer electronics and hotel accommodation, videogames are being looked into—the commission is specifically investigating whether or not companies are “breaking EU competition rules by unfairly restricting retail prices or by […]

Electronic Shelf Label Market Growth Driven By Increasing Demand for Enhanced Operational Efficiency in Retail Industry | openPR

Electronic Shelf Label Market Growth Driven By Increasing Demand for Enhanced Operational Efficiency in Retail Industry | openPR

Electronic shelf label system is an emerging system used for displaying products pricing on shelves. Electronic shelf label system uses electronic paper (E-paper) or liquefied-crystal display (LCD) to show the product price to the customer. Electronic shelf label uses wireless communication networks such as radio, and infrared technology for communicating with the back-end database. Moreover, […]

Savvy Watch Boosts Holiday Conversions with Personalized Pricing | MultiChannel Merchant

Savvy Watch Boosts Holiday Conversions with Personalized Pricing | MultiChannel Merchant

In the hyper-competitive world of ecommerce, merchants need any kind of an edge they can get. Pricing is one of the most critical areas as many online shoppers are price sensitive and deal-savvy, jumping quickly to another site with an offer that’s a few bucks cheaper. Savvy Watch, an ecommerce seller of top timepiece brands, […]

Retailers’ Aggressive Pricing and Wide, Marketplace-Driven Assortments Challenge Amazon, Says Annual Boomerang Commerce Consumer Electronics Category Report | Business Wire

Retailers’ Aggressive Pricing and Wide, Marketplace-Driven Assortments Challenge Amazon, Says Annual Boomerang Commerce Consumer Electronics Category Report | Business Wire

Key findings across data from Amazon, Best Buy, Jet, Newegg, Target and Walmart show: Amazon is still the one to chase. Amazon carries millions of items in its electronics category — more than 1.6 million items in the camera and photo selection alone — and optimizes its pricing strategy based on data signals like popularity. […]

Retailers’ use of dynamic pricing skyrockets | Toronto Star

Retailers’ use of dynamic pricing skyrockets | Toronto Star

Most dynamic pricing is happening online because in a bricks-and-mortar store it’s impossible to reprice hundreds of items by hand several times a day. While there are electronic shelving products available that can do so, they are not widely used in North America. Dynamic pricing can be a huge money-maker for retailers, say experts, but […]

UPS, following FedEx lead, shrinks threshold of dimensional pricing on parcel shipments | DC Velocity

UPS, following FedEx lead, shrinks threshold of dimensional pricing on parcel shipments | DC Velocity

Company drops divisor to 139 from 166, subjecting more parcels to costlier price formula; shipments measuring 1 cubic foot or less not affected. UPS Inc. said late Friday it will expand the volume of parcels that are priced on their dimensions rather than just their weight, a move that follows on the heels of a […]