Tag: Price War

Why Did Verizon’s Wireless Service Revenue Fall? | Market Realist

Why Did Verizon’s Wireless Service Revenue Fall? | Market Realist

Let us look at the two important segments of Verizon’s (VZ) wireless revenue. The smaller part is the company’s wireless equipment revenue, whereas the larger part is its wireless service revenue. The declining trend in the wireless component’s service revenue continued during 2Q17. In 2Q17, Verizon reported wireless service revenue of $15.6 billion, a 6.7% […]

Petrobras cut gasoline prices below import parity to regain market | Reuters

Petrobras cut gasoline prices below import parity to regain market | Reuters

RIO DE JANEIRO (Reuters) – Brazilian state-controlled oil firm Petróleo Brasileiro SA has reduced prices for the gasoline it sells in Brazil to below parity with the fuel imported from the United States, reducing profit margins to regain market share. Petrobras, as the company is commonly known, has sharply reduced the price gap between the […]

McLellan: Where do AI and marketing collide? | Business Record

McLellan: Where do AI and marketing collide? | Business Record

There’s also the area of content creation. Can a computer watch what people view and buy and then use data to know what that consumer should be shown next? Amazon, Netflix and Pandora are already showing us how effective this is. Why wouldn’t you want the same AI to be working on your website or […]

Worst year for Asda since Walmart acquisition | Retail Detail

Worst year for Asda since Walmart acquisition | Retail Detail

The United Kingdom’s third largest supermarket chain suffered a 5 % turnover drop last year, from 22.3 to 21.6 billion pounds (about 24 billion euro). Its pre-tax profit also dropped 20 % to 791.7 million pounds (900 million euro). These results are its worst since American distribution giant Walmart acquired the chain in 1999. Walmart […]

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers team up in gangs to force higher prices before they pick up passengers, research has revealed. Researchers at the University of Warwick found Uber drivers in London and New York have been tricking the app into thinking there is a shortage of cars in order to raise surge prices. According to the study. drivers manipulate Uber’s algorithm […]

Uber drivers work together to create price surge and charge customers more, researchers find | The Independent

Uber drivers work together to create price surge and charge customers more, researchers find | The Independent

Uber drivers are deliberately going offline in unison so that prices surge and they can charge customers more when they log back into the app, according to new research. Uber’s so-called dynamic pricing model means that it responds to supply and demand, increasing the cost of a trip at busy times such as when bars […]

Humm Kombucha CEO Talks Conventional Path to Mainstream Success [Video] | BevNET.com

Humm Kombucha CEO Talks Conventional Path to Mainstream Success [Video] | BevNET.com

Watch this video for Danek’s full presentation, which also includes a detailed look at Humm’s innovative sampling program and pricing strategy and an analysis of why DSD distribution was critical to the brand’s growth in mainstream retail channels. Danek also discussed Humm’s partnership with the NFL’s Seattle Seahawks and what’s next for the company following […]

Amazon’s Whole Foods purchase may mean more brick-and-mortar retail options | AZ Big Media

Amazon’s Whole Foods purchase may mean more brick-and-mortar retail options | AZ Big Media

Amazon has been dabbling with food services for some time now, before its purchase of Whole Foods. The e-commerce giant has been experimenting with cashier-less grocery stores across the country, and plans to continue to do so in the wake of its Whole Foods purchase. Amazon also launched a meal kit delivery service, which caused […]

AMD senior man spills the beans on Threadripper | Fudzilla

AMD senior man spills the beans on Threadripper | Fudzilla

Obliterates the Intel HEDT and Core i9 Jim Andreson, a senior vice president and the general manager of computing and graphics at AMD has given us an update on the Thradripper and this 16 core HEDT bomb looks awesome. Jim pointed out that the  Ryzen 7 launch caused Intel to change its HEDT pricing strategy. […]

Why ‘price creep’ is always a flawed new business strategy – and what to do instead | The Drum

Why ‘price creep’ is always a flawed new business strategy – and what to do instead | The Drum

The new business pitch is imminent. Having spent time considering the needs of the prospective client, you believe that price will be one of their key decision criteria. So where do you nail your price? Trim your rates to secure the business or stick to your guns with the higher rate you actually think you’re […]