Prices for Woolworths’ premium private label groceries are rising faster than prices for national brands as Australia’s largest retailer attempts to protect profit margins amid rising costs. Woolworths, and to a lesser extent Coles, has been playing hardball with suppliers, resisting price rises stemming from the drought, rising energy costs and the weaker Australian dollar. […]
LONDON, April 18, 2019 /PRNewswire/ — A study carried out by Minderest shows large differences in price when purchasing a new Smartphone from a range of online retailers. 127 cell-phones in stock at Amazon and Google Shopping were analysed on April 15th, simulating what a consumer would find looking for a cellphone online. Sellers captured via […]
I had the pleasure to interview Neil Kataria. Niel is the co-founder and CEO of Basket. A graduate of University of North Carolina, Neil is highly analytical and never gives up until a problem is solved. Prior to building Basket, Neil founded newBrandAnalytics, a social analytics company, which he led through its acquisition by Sprinklr […]
Millennials are so price sensitive and deal conscious that they’ll even buy gift cards online for a percentage of the face value as a way to save extra money. It’s the chase for a deal that keeps them going. Some of the price sensitivity in millennials is bred out of need. Those between the ages […]
From Alexa to iTunes to Google Home, for the past few years, tech heavy hitters such as Amazon, Apple, and Google have been building strategic product combinations designed to lure in customers and lock down their loyalty. Now, new research released by Hui Li, assistant professor of marketing at the Tepper School of Business, suggests […]
The service starts on April 11 in the two midwestern cities and will be “rapidly expanding” to the other 28 cities this year, according to Kyle Malady, Verizon’s chief technology officer. “Not all 5G networks are the same,” Malady said in a statement. The move follows AT&T’s (T, +0.28%) December announcement of 5G mobile service […]
Concession items at Toyota Field just got a little bit cheaper. San Antonio FC announced today new Fan Friendly Pricing for seven things on the menu. SAFC will be serving up 16 oz. domestic draft beer for just $5, 24 oz. fountain sodas for $2.50, and bottled water for $3. Other discounted food items include […]
Smartphones are too damned expensive. Putting aside the premium consumers always pay on a new class of experimental devices, such as Samsung and Huawei’s new foldable phones, the base price of flagship smartphones has been rising steadily for years. The $899 base price of the recently announced Samsung Galaxy S10 is the new norm for […]
How Price Anchoring Works Whenever we are presented with a buying opportunity, whether at the grocery store, a restaurant, or shopping for jeans online- our brains have to estimate whether the price of the product (or service) is good or bad. If you’re going out for coffee, for example, and you see that a latte […]
The amount that drivers are paid is determined largely by the distance from a store to the shopper’s home or location. For example, for all deliveries within 5 miles of the pick-up point, the retailer agrees to pay a certain amount. It works similarly for distances of 10 or 15 miles from the store as […]
PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, […]
This Week in Pricing > 4/20/19
TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: Professional Pricing Society Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing […]
Epic Games issues V-Buck refunds for Fortnite ‘Birdie’ skin pricing error | Fortnite INTEL
The Birdie skin was offered briefly in the Fortnite Item Shop for 1,200 V-Bucks, which was 400 V-Bucks over the original price, and Epic has refunded those players. On April 14, Epic Games released the Birdie female skin in the Fortnite Item Shop for 1,200 V-Bucks, however, there was an error with the pricing. Fortnite […]
MindShare 2019 – May 14-16 | Zilliant
Want to Drive Profitable Growth in 2019? The B2B industry is consistently failing to capture hidden pockets of revenue and profit that can be uncovered today. Learn from industry experts on how to put an end to profit leakage for good. Zilliant MindShare welcomes you to our ecosystem of best-in-class partners and thought leaders. You […]
The Masters Tournament is one of the most prestigious events in sports Opens a New Window. , but fans who paid top dollar for entry badges can look forward to dirt-cheap prices at Augusta National Golf Club’s famous concessions stands Opens a New Window. . The Masters menu features traditional items such as pimento cheese […]
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