OnDemand WTP Pricing Research

Tag: omnichannel retailing

New Survey Uncovers the Perceived Value in Free Apps | Yahoo! Finance

New Survey Uncovers the Perceived Value in Free Apps | Yahoo! Finance

A new study brings to light the dollar value consumers place on the free apps billions of people around the world use every day. Commissioned by McGuffin Creative Group and conducted by Digital Third Coast, the study shows that many of the most popular apps — from Google Maps to Instagram — have loyal user […]

Raley’s brings online pricing strategy to stores | Chain Store Age

Raley’s brings online pricing strategy to stores | Chain Store Age

Regional grocery chain optimizes store prices in real time. Privately-owned Raley’s, which operates 129 stores in California and Nevada, is applying artificial intelligence (AI) technology to bring intelligent, dynamic pricing to its stores. Raley’s recently completed a pilot of the AI-based Eversight pricing suite, focused on optimizing multiple product categories across various strategic goals. As […]

The price of personalisation | ING Think

The price of personalisation | ING Think

Personalised recommendations offered by subscription services are a tool to keep people coming back for more, but the price attached isn’t simply a recurring fee. It’s a handover of data, and attachment issues Subscription-based services have grown in popularity, as much as 100% between 2012 and 2017, according to a 2018 McKinsey survey. Regardless of whether […]

Higher Pricing Will Likely Drive Procter & Gamble’s Sales | Market Realist

Higher Pricing Will Likely Drive Procter & Gamble’s Sales | Market Realist

Impressive performance Procter & Gamble’s (PG) top line has taken a hit due to currency fluctuations. However, the company’s organic sales have been impressive. Procter & Gamble’s organic sales have grown at a healthy rate in the first nine months of fiscal 2019. The company posted record organic sales during the last reported quarter. Procter & Gamble’s organic […]

Don’t make these 5 costly mistakes when shopping on Amazon | CNBC

Don’t make these 5 costly mistakes when shopping on Amazon | CNBC

With no shortage of convenience and all the products you could possibly need, it’s no wonder shoppers love Amazon. In fact, the e-commerce giant constitutes over 50% of all online sales in the U.S. But size is a double-edged sword. With so many deals to sift through, it’s hard to tell if what you’re purchasing […]

Can Amazon Reinvent the Traditional Grocery Store? [Podcast] | Knowledge @ Wharton

Can Amazon Reinvent the Traditional Grocery Store? [Podcast] | Knowledge @ Wharton

The Journal said Amazon’s supermarket concept strongly resembles ideas from a 2013 report by former Deloitte consultant Brittain Ladd, who now works for AmazonFresh. That report sees Amazon’s supermarkets combining its discounting strategy with online capabilities, adding drive-through grocery pick-up and placing Amazon Lockers inside. The goal is to create “an ecosystem of channels centered […]

Why Retail Pricing Policy on Amazon Needs Reviewing | FXDailyReport

Why Retail Pricing Policy on Amazon Needs Reviewing | FXDailyReport

CNBC lately reported that retailers still chose Amazon when it comes to retail pricing policy. Why? The global marketplace provides the retailers with more spacious room to use their own price for the products. Of course, Amazon requires all brands to offer the most competitive price for all products they sell on the marketplace. In […]

Amazon Drops Lowest-Pricing Rule for Third-Party Sellers | E-Commerce Times

Amazon Drops Lowest-Pricing Rule for Third-Party Sellers | E-Commerce Times

Arguments Against the MFN Clause MFNs used by online platforms can harm competition by keeping prices high and discouraging the emergence of new platform rivals through both exclusionary and collusive mechanisms, wrote Jonathan Baker and Fiona Scott Morton in a Yale Law Journal article published last year. Government enforcers in the U.S. and private plaintiffs […]

Dynamic Pricing at Target Causes Concern | The Motley Fool

Dynamic Pricing at Target Causes Concern | The Motley Fool

A Minneapolis TV station recently reported that Target (NYSE:TGT)  was showing different prices in its app depending on whether the customer was at a Target store or not. KARE says it found that customers using Target’s mobile app got lower prices on products when they were at home than when they pulled into the store’s parking […]

Target updates app after pricing dispute | Retail Dive

Target updates app after pricing dispute | Retail Dive

Dive Insight: As much as retailers say they’re moving toward a world where the customer experience is consistent across all channels — be they stores, online or on mobile — dynamic pricing is one major tactic standing in the way. For brick-and-mortar mass merchandisers like Target and Walmart, though, competing with Amazon on price is essential to […]