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Tag: promotional pricing

Uber’s £106 for 20 mile taxi trip in Northern Ireland slammed | Belfast Telegraph

Uber’s £106 for 20 mile taxi trip in Northern Ireland slammed | Belfast Telegraph

Uber’s ‘surge’ policy means some passengers have said they have been charged as much as eight times a normal taxi fare. Several passengers have said they were not aware of the cost of their journey until after they left the vehicle. Because a credit card is needed to set up an Uber account, the money […]

The rise of dynamic pricing in UK supermarkets | Dispatch Weekly

The rise of dynamic pricing in UK supermarkets | Dispatch Weekly

Supermarkets are changing their product prices depending on the day, time, season or demand. Dynamic – or surge pricing is a common practice in the hospitality, and travel industries. It now seems the trend has made its way into online grocery stores and is now looking to enter brick and mortar supermarkets. Most people experience […]

Why your bananas could soon cost more in the afternoon | BBC News

Why your bananas could soon cost more in the afternoon | BBC News

Technology is enabling supermarkets and other retailers to change their prices throughout the day, but why should they want to do this and what will customers think about it? Many know the dispiriting feeling when the summer holiday flight they had their eye on suddenly goes up £50, or the Uber they call on a […]

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 […]

I Don’t Offer Discount Codes or Promotional Pricing. On Purpose | SIX15

I Don’t Offer Discount Codes or Promotional Pricing. On Purpose | SIX15

When’s the last time you had a flooded basement after a storm and the emergency plumber showed up at midnight, quoted the repair to you but then said, “You know what, just buy me a beer the next time I see you.” Unless that plumber was your friend or your father, he’s doing himself no […]

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 […]

Sprouts fights off pricing woes, beats estimates in Q1 | Supermarket News

Sprouts fights off pricing woes, beats estimates in Q1 | Supermarket News

Gross profit margins were down by 110 basis points from last year’s first quarter, when falling input costs had not yet filtered to the shelf level. Officials said deflation of 3% in the quarter was the highest it had ever experienced, but that it moderated throughout the quarter, led by rebounding produce prices. That was […]

Welcome to 2017, is it time to change your advertising? | pilotonline.com

Welcome to 2017, is it time to change your advertising? | pilotonline.com

Today’s consumer is much savvier than your previous customer. Not only have they become tired and weary of the same old clichés and tactics, they just don’t buy them anymore. Creating a successful advertising strategy is the ultimate game of understanding human behavior and what consumers find meaningful. What’s important to your customer today won’t […]

Amazon price changes less ‘dynamic’ Thanksgiving weekend | Chain Store Age

Amazon price changes less ‘dynamic’ Thanksgiving weekend | Chain Store Age

When analyzing pricing on 400 small appliances, Bed Bath & Beyond narrowed their pricing gap with Amazon from 43% on Nov. 22 to 21% on Nov. 28 (Cyber Monday). Meanwhile, Macy’s and Bed Bath & Beyond were lockstep in their price changes from Nov. 20 to Nov. 28 (Cyber Monday). The infographic is part of […]