/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F551248%2F4993b696-6b54-430b-a31b-b2c1b73faae4.jpg "People will shop at Amazon whether they have the best prices or not | Mashable")
As millions of American families look to get a jumpstart on back-to-school shopping, many of them will turn to Amazon. The company’s use of steep discounting and price-matching to gain market dominance has led many shoppers to almost reflexively expect to pay less for their notebooks and calculators on the site. Sales prices in blaring […]
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 […]
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 […]
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 […]
Should brick-and-mortar retailers set different prices in-store and online? If Amazon (or another web retailer) is not significantly stealing business away, it doesn’t make sense to slash online prices. Best to accept the minimal customer loss, maintain current prices, and be thankful. However, if a web retailer is successfully poaching a sizable number of customers, it’s time to […]
With this pricing, it is among the cheapest of OTT services in India, along with Zee’s Ditto TV. American peer and global competitor Netflix, which launched in January this year, offers three tiers of membership for Rs 500, 650 and 800 a month. Indian entities Eros Now (Rs 49 and Rs 99 a month) and […]
AMAZON has been slammed by the advertising watchdog for “misleading” savings claims for a product being sold on its website. A listing for self-adhesive enamel dots, which were sold by a third party seller through Amazon’s Marketplace, compared the current price to a recommended retail price – indicating the saving a shopper could make if […]
Package pricing. It’s commonly believed within the hotel industry that business travelers will pay more than leisure vacationers. (Usually, this is true.) To create discounts for leisure travelers, many hotels provide significant price breaks (25% – 50%) if their property is booked as part of a vacation package (air-hotel or air-hotel-car rental). Packages are offered […]
Welcome to Amazon’s bold new pricing initiative, which I’m calling the “In Jeff We Trust” strategy. The New York Times recently reported that Amazon is scaling back in mentioning list prices for products it sells. When a list price is not noted, Amazon simply provides the price it is charging. Even on Prime Day, Amazon resisted noting […]
That’s a huge chunk of sales Amazon’s competitors aren’t getting. But there’s something worse they need to worry about losing: customer trust. According to Boomerang Commerce CEO Guru Hariharan, Prime Day is a “big trust driver” for Amazon because it establishes itself as the low price leader while showing off its dynamic pricing technology, something traditional […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors […]
This Week in Pricing > 8/12/17
This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: SPOSEA B.V. SPOSEA B.V. drives increased profitability for SAP users by SIMPLIFYING SAP’s Price Data Optimization, Management and Execution. […]
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 […]
Smartphone Market Competition Will Keep iPhone 8 Prices Below $1,200 | eWeek
There’s no question that an Apple iPhone is an expensive device. The cheapest iPhone 7 will set you back $649. A fully tricked-out iPhone 7 Plus costs $969, which is really expensive for any smartphone. But if mobile market blogger’s prediction becomes reality, the iPhone 8 prices will reach a record high when it’s introduced […]
Strikes stall normal life in district | The Hindu
While the dealers would refill their stocks on Wednesday, the shortage is expected to continue for another day. According to Thiruvananthapuram District Petroleum Traders Association secretary P.K. Biju, the stir has been organised in protest against the alleged discrepancies in the dynamic pricing system of petroleum products and the alleged failure of oil marketing companies […]
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