SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Pricing Strategy

Here Comes Uber Inspired Surge Pricing in Supermarkets | TheStreet

Here Comes Uber Inspired Surge Pricing in Supermarkets | TheStreet

British shoppers may have to deal with so-called ‘surge pricing’ in the near-future as supermarkets plan to bin traditional pricing for electronic tags. Tesco plc (TSCDY)  and Wm Morrison Supermarket plc (MRWSY) are said to be among the U.K. supermarkets planning to introduce electronic tags that could result in surge-pricing of popular items, London’s Telegraph […]

What is surge pricing, how would it work for supermarket groceries and what companies already use the model? | The Sun

What is surge pricing, how would it work for supermarket groceries and what companies already use the model? | The Sun

How would surge pricing work in a supermarket? It was recently reported that supermarkets could introduce surge-pricing in a move similar to Uber’s price changes on busy nights. Chains including Tesco, Sainsbury’s and Morrisons are said to be considering the change in line with “e-prices”, which change with demand. This would involve ditching traditional paper price […]

Amazon Didn’t Kill JC Penney And Sears Jobs, Bad Leadership Did | Forbes

Amazon Didn’t Kill JC Penney And Sears Jobs, Bad Leadership Did | Forbes

For decades, American retail icons Sears and JCPenney had one thing in common: they’d been serving the middle class working American family with quality merchandise at affordable prices; and providing thousands of jobs for cashiers and sales associates in the process. In the last decade, they developed something else in common: they both distanced themselves […]

Giants tickets reselling for close to Candlestick Park prices | SFGate

Giants tickets reselling for close to Candlestick Park prices | SFGate

All of those parents who have been complaining for years that it was too expensive to take the family to AT&T Park are in luck, the Giant’s failure is your boon. Assuming, of course, you don’t mind seeing a struggling team, Giants tickets are currently going for prices reminiscent of their years on Candlestick Point. Most […]

Alarmist Algorithms: Why Pricing Bots Won’t Be the End of Society | Kelley Drye & Warren LLP | JDSupra

Alarmist Algorithms: Why Pricing Bots Won’t Be the End of Society | Kelley Drye & Warren LLP | JDSupra

Federal Trade Commission Acting Chairman Ohlhausen and Commissioner McSweeny recently gave two very different speeches on algorithmic pricing. Commissioner McSweeny’s speech seemed to express concern that algorithms would lead to price fixing, coordination and higher prices.  The Chairman seemed less concerned.  The Chairman is likely correct.  Pricing bots are not a new, sinister specter haunting […]

Potash Prices: Will Marketing Cooperatives Rebalance the Market? | Economic Calendar

Potash Prices: Will Marketing Cooperatives Rebalance the Market? | Economic Calendar

These marketing cooperatives negotiated “fair” prices for potash and would hold out on sales until sellers would be willing to pay an adequate amount. This strategy was undertaken so potash producers could get a good price for potash, which is particularly expensive to mine. Buyers, on the other hand, said the market was a monopoly. […]

The Fallacy of Cost Savings | The Sales Blog

The Fallacy of Cost Savings | The Sales Blog

For most companies, a greater investment in one line on a Profit & Loss statement can massively reduce another line, generating greater cost reductions than had that supplier reduced their price. One company I know charges 3 times as much for their product than anyone else charges for what is perceived to be the same […]

How holiday firms hike prices when they know you’ll pay up | This is Money

How holiday firms hike prices when they know you’ll pay up | This is Money

Hotels and airlines are hitting holidaymakers with huge price hikes when they know they can get away with it, Money Mail reveals today. Most larger travel companies now use sophisticated computer programs to track how many people are making bookings and browsing their deals online. When demand rises, the computer can trigger an automatic price […]

Tips to Keep Your Ecommerce Business Competitive | CIO Review

Tips to Keep Your Ecommerce Business Competitive | CIO Review

As the market increases for online customers, it’s never been more important to understand how real-time pricing decisions can decide the fate of online retailers in what is becoming an increasingly crowded and aggressive landscape. There used to be a time when all e-commerce retailers attracted buyers with “list prices” or “official prices” and would […]

Why Posted Prices Are Often Meaningless | Psychology Today

Why Posted Prices Are Often Meaningless | Psychology Today

There is one little-known but important fact about prices that every consumer should know. It is this. The prices that are posted in catalogs, websites, or store shelves or quoted to customers differ significantly from what customers actually pay for the product or service. Pricing experts call this gap between asked-for prices and realized prices […]