In what will hardly be a surprise for online merchants, Gartner predicts that by 2025, the top 10 global retailers by revenue will leverage contextualised real-time pricing through mobile applications to manage and adjust in-store prices for customers. Real-time pricing is already a key tool for marketplace sellers through repricing software and, with many omnichannel […]
It was a deal so good, Robin Puppo could not believe her eyes. “I’m like, oh my God, what is this?” she said. “It’s marked as a penny.” The vacuum Robin wanted was on display at the Walmart near Sawgrass Mills Mall. She says the label under it read one cent. “It’s a $279 machine,” […]
Suppose your company, Hardly Hardware, sells hardware B2B. Hardly Hardware sells to Dealers and Industrial clients. Its product mix is nuts, bolts and fasteners, cut glass, caulks, and lots of full window replacements. What happens when you apply some rounding rules to your prices? Do your Dealers really care if they’re charged $4.84 instead of […]
Many businesses spend hours debating whether or not to publish their prices online. So what’s the answer? My invariable advice is that you should always be open and transparent in your pricing. People on your website want to know. Think about the last purchase you made. Once you’d set your sights on the product or […]
Since then, I’ve been checking Amazon prices often on different browsers, different devices, both logged in and not, and again using Tor on Brave. Prices for lots of stuff (not just books) have been all over the place. And information about products changes too. For example, today (as I write this, on deadline) is August […]
It’s an experience most of us have had when shopping in a store. You’re rifling through the sales rack in search of a bargain. You find a shirt and trying to decide if it’s worth buying, so you look at the original price. But if you’re shopping at a dishonest retailer, what’s on the price […]
Hawaii Gov. David Ige declared a state of emergency this week, which among other things, triggers a state law that caps the prices of all goods in the state during the duration of the emergency. Although well-intentioned, the price cap is likely to exacerbate shortages and lead to a misallocation of emergency goods. Hawaii state […]
Shoppers spent $4.2 billion during Amazon.com’s Prime Day sale, up 33 percent from a year ago, according to estimates from Wedbush Securities analyst Michael Pachter. The online retailer doesn’t disclose revenue from the 36-hour event that began Monday. Pachter based his estimate on information the company did release, including that it shipped more than 100 […]
After a rocky start, Amazon ended its fourth Prime Day on a high note. Sales from its 36-hour shopping extravaganza surpassed those from Cyber Monday, Black Friday, and last year’s Prime Day, making it once again the biggest shopping event in Amazon’s history, the company said. Small and medium-size businesses notably crushed the day, collectively making […]
Here at Crossover, we’ll harp on about sales reports and stock management until we fall off the back of the green. But, whilst these factors are essential to running a successful retail business, a pricing strategy is just as important, and unfortunately, is often overlooked. Pricing will have a profound effect on the success your […]
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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