Tag: Price Tags

Amazon Accused of “Surge Pricing,” Misleading Consumers During Prime Day | Dealerscope

Amazon Accused of “Surge Pricing,” Misleading Consumers During Prime Day | Dealerscope

According to a recent report, a vendor who sells direct through Amazon has stepped forward to accuse the ecommerce giant of misleading business practices. Specifically, they said that Amazon jacked up the suggested retail price of their product on Prime Day 2017 to make it seem like the discount consumers were getting was far better […]

Amazon Faces a Potential Existential Threat That Could Hammer Its Shares, Doug Kass Reveals | TheStreet

Amazon Faces a Potential Existential Threat That Could Hammer Its Shares, Doug Kass Reveals | TheStreet

As mentioned late yesterday, despite the enormous success of “Prime Day,” the continued expansion of product offerings and an all-time record stock price, Amazon.com Inc.  (AMZN) is likely to face its greatest existential threat from regulatory agencies and legislators in Washington, D.C., over the next year: “I am shorting Amazon today because I have learned […]

Is Amazon Getting Too Big? | The Daily Caller

Is Amazon Getting Too Big? | The Daily Caller

Fresh off the heels of Amazon’s most lucrative Prime Day to date, investors and politicians alike are beginning to raise concerns over the enormous and burgeoning size of the consumer tech giant. In one specific case, hedge fund manager Douglas Kass believes that future government intervention is inevitable, MarketWatch reports. Kass wrote this week that […]

Amazon: Marginal Pricing, Marginal Business – Amazon.com, Inc. (NASDAQ:AMZN) | Seeking Alpha

Amazon: Marginal Pricing, Marginal Business – Amazon.com, Inc. (NASDAQ:AMZN) | Seeking Alpha

For the balance 25-30% of the industry, where Amazon will compete, the company has no particular competitive advantage apart from a willingness to cut margins and sell on price. Pricing at the margins leads to creation of marginal businesses, which Amazon already is, apart from the AWS business. The company might come to provide logistical […]

Electronics patent of the month: Smart glasses reading dynamic price info | Electronics Weekly

Electronics patent of the month: Smart glasses reading dynamic price info | Electronics Weekly

One of the UK’s leading supermarkets, Asda positions itself as providing good value for money and pricing its branded products cheaper than its main competitors. One way it tries to achieve this is by constantly monitoring the price of products in the marketplace and adjusting its own accordingly. Other supermarkets also practise dynamic pricing. This […]

California Burlington Coat Factory Deceptive Pricing Class Action Settlement | Top Class Actions

California Burlington Coat Factory Deceptive Pricing Class Action Settlement | Top Class Actions

Burlington Coat Factory of California LLC has agreed to settle a class action lawsuit alleging it used deceptive “Compare” reference prices on price tags which led customers to believe they were receiving a bargain over the same merchandise sold at other retailers. If you purchased items from a Burlington Coat Factory store in California or […]

Down to Business: Amazon hulking over retail landscape | The Daily Gazette

Down to Business: Amazon hulking over retail landscape | The Daily Gazette

With physical stores, Amazon will be “a new competitor for retailers,” says Ouimet. That will come in large part from Amazon’s “sophisticated, dynamic pricing” — flexible prices influenced by supply and demand. “Retailers are going to find themselves competing with a competitor that can react within 90 seconds . . . to a price change,” he said. […]

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 […]