OnDemand WTP Pricing Research

Tag: Retail

‘Dynamic pricing’ can train us to shop smarter | Futurity

‘Dynamic pricing’ can train us to shop smarter | Futurity

When your online retail platform clears billions of transactions a year, what’s the harm in testing different prices for the same products on a relative handful of your customers? You might find a way to maximize revenue by increasing sales volume on your lower-priced products, right? Or, you might lock down sales on a product […]

Petrol gouging inquiry is overdue | The Canberra Times

Petrol gouging inquiry is overdue | The Canberra Times

The ACT Liberals committed to the fuel watch scheme last month after a series of reports by the Canberra Times  on the price gouging that has been a feature of life here for decades. Those reports noted fuel prices at one and two bowser service stations within 40 and 50 minutes drive of the ACT […]

Turkish Food Fight Turns to Raids, Fines as Inflation Stings | Bloomberg

Turkish Food Fight Turns to Raids, Fines as Inflation Stings | Bloomberg

Turkey has found that fighting words alone aren’t enough to deter the people it blames for runaway food inflation. After weeks of bashing those deemed price-gougers as traitors and even terrorists, President Recep Tayyip Erdogan’s AK Party is backing up threats with deeds. Fines are on the way after raids of wholesale food markets in […]

Retailers Should Pay Extra Special Attention To Kroger’s Shelf Labeling Plans With Microsoft | Forbes

Retailers Should Pay Extra Special Attention To Kroger’s Shelf Labeling Plans With Microsoft | Forbes

While it is neat to see digital displays come to life within a store, and while the label shelving substrate alone is enough to make someone feel like they suddenly walked into an episode of Star Trek Next Generation, the “tech,” even with all its flashing fruit, should not overshadow why digital pricing displays are […]

Dollar store customers unconvinced by proposed change to pricing | Financial Times

Dollar store customers unconvinced by proposed change to pricing | Financial Times

A Manhattan-based hedge fund manager thinks he knows what is best for Dollar Tree. Starboard Value’s Jeff Smith argues the US discount variety chain should stop insisting on pricing every item — from spatulas to sunglasses — at only $1. But 760 miles away in suburban Nashville, customers are unconvinced. “They’d lose a lot of […]

Funeral companies told to make fees transparent | The Times

Funeral companies told to make fees transparent | The Times

Funeral directors have been ordered to publish their full fees online after concerns about the soaring cost of services. An investigation into the prices of cremations and burials has led the National Association of Funeral Directors (NAFD) to change its code of practice to force all members to be more transparent about charges. The pledge […]

Overwatch League, Fanatics receive backlash over low-quality jerseys | Dot Esports

Overwatch League, Fanatics receive backlash over low-quality jerseys | Dot Esports

Jerseys with player names are approximately $85 from the Overwatch League store. Fans can customize jerseys with their own name and number for an additional $15. The jerseys are unisex with no additional options for women’s sizing. Fans in Europe encountered hefty international shipping costs when purchasing jerseys from the American online store, with one […]

Buc-ee’s pricing dispute places Alabama fuel law in spotlight | al.com

Buc-ee’s pricing dispute places Alabama fuel law in spotlight | al.com

Buc-ee’s arrival into Alabama has been met with enthusiastic crowds and a welcome mat from politicians. But 11 days after the Texas-based company opened its first non-Texas travel station, another greeting surfaced: A federal lawsuit from the Oasis Travel Station located a mere 4 miles east on Interstate 10. Other small-sized retailers are now equally […]

Bitcoin below $3,000 would trigger a ‘blood bath’, says analyst | MarketWatch

Bitcoin below $3,000 would trigger a ‘blood bath’, says analyst | MarketWatch

What are analysts saying “For the past few weeks, we have not seen any significant movement in the bitcoin price. We are stuck in a price range of $3183 (17 December low) to $4234 (Dec. 24 high), as long as we are not breaking out of this range, there is nothing new,” wrote Naeem Aslam, […]

Markdowns Cost U.S. Retailers $300 Billion in 2018 | California Apparel News

Markdowns Cost U.S. Retailers $300 Billion in 2018 | California Apparel News

Who doesn’t love a sale? Consumers do, but for retailers the idea of discounting merchandise by 10 percent to 25 percent adds up. According to a recent U.S. retailer survey of more than 200 senior retail decision-makers, markdowns cost non-grocery-store retailers $300 billion in revenues in 2018, or 12 percent of their total sales. … […]