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Tag: Price Tags

Why 3 Is The Magic Number in a Pricing Strategy | Ninjodo

Why 3 Is The Magic Number in a Pricing Strategy | Ninjodo

Have you ever wondered why prices tend to have 90, 95 or 99 cents? You know, $19.99 instead of $20? It may be small change, but the 1 cent difference can actually skew people to buy a product. This is called a pricing strategy and it’s designed to play with your psychology. It’s the oldest […]

Putting dynamic pricing back on the shelf | Elixirr

Putting dynamic pricing back on the shelf | Elixirr

Some European retailers have rolled out “version 1” solutions. In France, the move to the Euro and the requirement for dual pricing, as well as high labour costs led to the emergence of the Casio-watch style ESL. Customers quickly deemed it unattractive and inferior to colour printed labels. And it’s also been slow to catch […]

Pricing law vote postponed by Suffolk legislators | Newsday

Pricing law vote postponed by Suffolk legislators | Newsday

The Suffolk County Legislature Tuesday postponed voting on a bill that would require more retailers to put a price label on almost every item they sell or potentially face fines up to $1,000. The legislature voted Tuesday to table the bill, which was proposed by County Executive Steve Bellone. It would expand the scope of […]

Bricks-and-mortar retailers have the edge over Amazon in final pre-holiday shopping days | MarketWatch

Bricks-and-mortar retailers have the edge over Amazon in final pre-holiday shopping days | MarketWatch

But shipping is not always everything. There are other factors that will drive shoppers to choose one retailer over another. “In the final stretch of holiday shopping, which typically results in a sales peak close to that of [the] Thanksgiving/Black Friday week, consumers will continue to look for deals, but they’re also looking for those […]

Amazon launches Prime Video with 9 original titles from India | Business Standard News

Amazon launches Prime Video with 9 original titles from India | Business Standard News

With this pricing, it is among the cheapest of OTT services in India, along with Zee’s Ditto TV. American peer and global competitor Netflix, which launched in January this year, offers three tiers of membership for Rs 500, 650 and 800 a month. Indian entities Eros Now (Rs 49 and Rs 99 a month) and […]

Amazon slammed for ‘misleading’ pricing by watchdog as it bans listing from its website | The Sun

Amazon slammed for ‘misleading’ pricing by watchdog as it bans listing from its website | The Sun

AMAZON has been slammed by the advertising watchdog for “misleading” savings claims for a product being sold on its website. A listing for self-adhesive enamel dots, which were sold by a third party seller through Amazon’s Marketplace, compared the current price to a recommended retail price – indicating the saving a shopper could make if […]

5 Key Learnings From Analyzing Top Ecommerce Pricing Strategies | Sellbrite

5 Key Learnings From Analyzing Top Ecommerce Pricing Strategies | Sellbrite

When you’re starting an ecommerce business or putting new products in your store, one of the most important things you need to decide on is price. In ecommerce, the right pricing makes all the difference. You can create fantastic products that you know are better than anything else on the market and you can build […]

The Price Tag Has Lost It’s Shine In Cyberspace | Independent Retailer

The Price Tag Has Lost It’s Shine In Cyberspace | Independent Retailer

All around us bargains sit on virtual shelves, with e-tailers flashing up low prices against the “official” price list in a bid to woo customers. This is the bizarre world of Internet pricing, where everyone is claiming to have the best deal in town. The result is that almost no one pays the full list […]

Press Release: Online retail prices fluctuate up to 18% throughout the week | idealo.co.uk

Press Release: Online retail prices fluctuate up to 18% throughout the week | idealo.co.uk

London, 18th July 2016 – a new study by price comparison site, idealo.co.uk, has revealed that making internet purchases at the start of the week can save consumers up to 18% compared to shopping online at the weekend. The research suggests that a lack of awareness about the highly flexible nature of online prices, and […]

What Amazon Risks by Eliminating List Prices | Harvard Business Review

What Amazon Risks by Eliminating List Prices | Harvard Business Review

Welcome to Amazon’s bold new pricing initiative, which I’m calling the “In Jeff We Trust” strategy. The New York Times recently reported that Amazon is scaling back in mentioning list prices for products it sells. When a list price is not noted, Amazon simply provides the price it is charging. Even on Prime Day, Amazon resisted noting […]