Onion prices have surged in Turkey, defying a government crackdown on inflation. Prices surged 51 percent in November, the most of any component in a basket of prices whose gains decelerated in November to 21.2 percent from a 15-year high the month before. The government has been raiding storehouses where producers and dealers store onions, […]
Amazon’s assault on the $100 billion food and grocery market could reignite the battle between multinational food and grocery suppliers and Woolworths, which believes brand owners may be favouring the e-commerce giant with cheaper prices on brands such as Colgate, Huggies, Omo and Finish. After stepping up pressure on Woolworths and Coles by adding food and beverages to […]
Compared with other industries, chemical companies are among the least confident in their pricing decisions and the least likely to raise prices effectively. Until recently, they haven’t had to do so, but as the cost of raw materials begins to rise, they will want to build up their atrophied pricing muscles to preserve their margins. […]
The power of 5G won’t be cheap, Strategy Analytics points out in a new report about 5G smartphone costs. The phones are expected to sell for more than $1,000 ($750 wholesale) when they are introduced sometime next year, according to the analyst firm, which adds that 5G device prices will decline at a much slower […]
Whole Foods had a high-priced reputation before retailing giant Amazon stepped in. Why hasn’t that changed? Even with the discounts offered to Amazon.com Inc.’s Prime members, the cost of a $400-plus broad basket of items purchased at Amazon-owned Whole Foods Market only yields $1.50 in savings over prices one year ago, Gordon Haskett Research Advisors […]
Robert Morris University announced a new scholarship program Monday tying expenses including tuition, fees, room and board to the average cost of attendance at Pennsylvania’s flagship public universities — and undercutting their average price. The program will be available for students admitted to the main campuses of the University of Pittsburgh or Penn State and […]
It’s getting more expensive for retailers like Walmart to stock its shelves with household staples like diapers, paper towels and bottled water. The question now is whether that translates into more pain at the check-out line. Soaring costs for transportation and raw materials — some related to tariffs — have prompted Procter & Gamble, Nestle, […]
(Reuters) – Kraft Heinz Co (KHC.O) topped quarterly profit and revenue estimates on Friday as the Tater Tots maker raised product prices and posted higher-than-expected sales from the United States for the first time in several quarters. Shares in the Chicago-based company rose as much as 9.4 percent, the stock’s biggest percentage gain in 18 […]
Fallacies of price matching We have found that when customers mention they can find a lower price elsewhere, they are indirectly telling your salespeople, “I want to do business with you, but you have to make me feel like I am getting a better value.” Many consumers understand that if the dealership has the lowest […]
The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise to avoid their products falling into the wrong hands and being sold on the “grey market” at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand. With Richemont, owner of Cartier and Mont Blanc, […]
This Week in Pricing > 12/8/18
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: PriceBeam The struggle is real for B2B and B2C Pricing, Marketing, and Finance team leaders to capture fresh, reliable, and actionable Pricing Intelligence data to be able to effectively optimize all prices for all market segments […]
On-Demand Value-based Pricing Research with PriceBeam
The struggle is real for B2B and B2C Pricing, Marketing, and Finance team leaders to capture fresh, reliable, and actionable Pricing Intelligence data to be able to effectively optimize all prices for all market segments GLOBALLY. Almost all companies lose out on profits they should be earning as they either price themselves too low, leaving money on […]
As part of his Ph.D. research, Stephan Liozu studied the organizational and behavioral factors influencing the firm transformation towards pricing excellence. Pricing excellence combines both dimensions of pricing orientation and pricing realization leading too superior pricing power and ultimately to superior firm performance. During his research explorations, Stephan Liozu studied in depth the value-based pricing […]
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: PriceBeam The struggle is real for B2B and B2C Pricing, Marketing, and Finance team leaders to capture fresh, reliable, and actionable Pricing Intelligence data to be able to effectively optimize all prices for all market segments […]
More Bad News From Apple As iPhone XR Price Slashed | Forbes
In the short-term, specifically through the rest of this calendar quarter, I don’t expect Apple to implement a direct price cut on the iPhone XR, iPhone XS, or iPhone XS Max to consumers. Although Tim Cook and his team are looking to move to services for more of its income, the “iPhone as a luxury […]
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