Tag: Personalised Pricing

Screening scrapped for fibbing filmmaker behind ‘justice pricing’ scheme | CBC News – British Columbia

Screening scrapped for fibbing filmmaker behind ‘justice pricing’ scheme | CBC News – British Columbia

Higgins used the false name Sid Mohammed when he announced a so-called justice-pricing model to charge white men as much as $20, while others would pay $10 based on the purchasing power of individual groups and “price discrimination.” Roberts says Blue Bridge Theatre Society does not believe in any form of prejudicial pricing. He says […]

How to make personalized pricing work | Business Today

How to make personalized pricing work | Business Today

With so much benefit for the consumers why is there so much consumer and regulatory backlash against the new-age companies for their pricing strategies? It is to do with the lack of trust. In the process of haggling the consumers are involved in the price formation process face-to-face and settle at what both sides agree […]

Will personalized pricing only lead to more discounting? | RetailWire

Will personalized pricing only lead to more discounting? | RetailWire

A study from Baylor University concludes the mere presence of a personalized pricing program may encourage some consumers to expect discounts all the time. The study, published in the Journal of Consumer Behavior, defined personalized pricing, or customized pricing, as “basing prices on individual consumers’ unique purchase patterns, rather than more typical bases for changing […]

Will personalized pricing end retailers’ use of dynamic pricing? | RetailWire

Will personalized pricing end retailers’ use of dynamic pricing? | RetailWire

While sometimes used interchangeably, dynamic and personalized pricing are not the same thing. In dynamic pricing, the price generally changes according to variables specifically not customer-related. Prices might be altered based on time of day, available supply, competitors’ prices, or maybe, just maybe, the volume of traffic to a product detail page. The price may […]

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, […]

What You Should Know About Online Pricing | Kiplinger

What You Should Know About Online Pricing | Kiplinger

1. Your online profile could boost the price. Online re­tailers know all kinds of things about you from the electronic bread crumbs you drop, such as your IP address, and they capitalize on it using price discrimination or differential pricing. For example, a site may charge higher prices after taking note of the Web browser […]

Pricing News Daily > 3/26/15

Pricing News Daily > 3/26/15

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, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Strategic Pricing Associates SPA is the leading provider of pricing analytics to 100′s […]

Pricing News Daily > 3/25/15

Pricing News Daily > 3/25/15

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, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Wiser Wiser provides a complete suite of solutions to give retailers, brands, and […]

Will Personalised Pricing Take E-Commerce Back to the Bazaar? | The Business of Fashion

Will Personalised Pricing Take E-Commerce Back to the Bazaar? | The Business of Fashion

Fashion companies routinely tap personal data to tailor promotions and special offers to individual consumers. The same information can now be used to personalise pricing. LONDON, United Kingdom — Personalised pricing is as old as commerce itself. A market stall owner sizes up a prospective customer based on a wide range of signals — such as […]

Merge loyalty and pricing to drive direct hotel bookings | Tnooz

Merge loyalty and pricing to drive direct hotel bookings | Tnooz

Hotels could take this one step further and always offer better rates to every customer logging in with a loyalty account, even if it’s their first stay with the brand. Lower tiers of known customer could receive a modest discount to the public best available rate, whether that be 10%, $10 or $1 less, because […]