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Tag: Price sensitivity

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% […]

We Need To Talk About Book Pricing by Tara Sparling | Writing.ie

We Need To Talk About Book Pricing by Tara Sparling | Writing.ie

Yesterday I was briefly let out of my cage to do a bit of investigating in three bookshops. The first was a big Irish chain. The second was a very big independent bookshop. The third was a very small independent bookshop. I went about each shop idly picking up titles to see how they were […]

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 […]

The Question of Setting An eBook Pricing Strategy | Just Publishing Advice

The Question of Setting An eBook Pricing Strategy | Just Publishing Advice

Rethink your ebook pricing strategy These two graphs show clearly that it may be time for authors to do a rethink on how they price their ebooks for each market. While US ebook buyers appear to accept a wide price range as good buying value, and even increasing substantially at the $10.00 mark, UK ebook […]

harpercollins’s charlie redmayne on learnings from digital experiments & amazon wave, and more | ETtech

harpercollins’s charlie redmayne on learnings from digital experiments & amazon wave, and more | ETtech

On dynamic pricing and data analytics We now have guys with PhDs in mathematics who help us understand how retailing works. Based on algorithms, we have dynamic pricing now that helps us maximise a book’s value. At times, we may choose to give away profit to build the author for future. Data analytics has helped […]

The Impact of Pricing on Book Buying Behavior | Digital Book World

The Impact of Pricing on Book Buying Behavior | Digital Book World

Readers also have many options to pay for books, while avoiding paying full price: they can buy used books, join subscription services, or even get their books as gifts. Hildick-Smith presented a range of interesting market measurements concerning book-buying behavior. Among these statistics, the most eye-opening was that only about one third of the total […]

Developers to keep playing quantum price game this year, Real Estate | THE BUSINESS TIMES

Developers to keep playing quantum price game this year, Real Estate | THE BUSINESS TIMES

In terms of developers’ pricing strategy for 2017, “affordability will rule the day”, as JLL national director Ong Teck Hui put it. “Developers will have to be mindful about pricing because it’s still a price-sensitive market on account of the property cooling measures and rising interest rate environment…” CBRE Research head of Singapore and South-East […]