Content about Pricing

June 11, 2014

PriceSpider, an online retail marketing service provider, is rolling out a re-pricing engine that enables manufacturers and resellers to automatically adjust pricing based on preset or on-the-fly criteria as it pertains to competitive market activity.

May 12, 2014

An ongoing debate in retail is whether it’s a better strategy to use markdowns or everyday low prices.

May 2, 2014

The new paradigm of information transparency and the rise of the empowered consumer brings new challenges and opportunities for brands and retailers to create consumer experiences that support effective conversion – be it in-store or on-line. In reality, it’s no longer about physical stores or online, as online is increasingly getting defined as “stores plus,” meaning everything carried in physical stores plus more.

April 30, 2014

Analytics solutions provider Ugam is enhancing its pricing intelligence solution with a new pricing engine that delivers real-time, on-demand pricing data for millions of products.

April 25, 2014

Crutchfield Corp. has adopted the new integrated 360pi-Displaydata solution to realize in-store dynamic pricing. 360pi is working with Displaydata to incorporate Electronic Shelf Labeling (ESL) to give physical stores the ability to employ dynamic pricing.

April 8, 2014

Delhaize America has entered into a multi-year agreement for Revionics Life Cycle Price Optimization solutions, which include Revionics Price Optimization, Revionics Promotion Optimization and Revionics Markdown Optimization.

March 5, 2014

Walmart continues to extend its lead and again achieves its price leadership position over Target, in Kantar Retail’s semi-annual pricing study.

March 4, 2014

Well-executed dynamic pricing strategies, such as those deployed by Amazon and Overstock, led to higher sales during the 2013 holiday season as opposed to all-season discounting and other strategies.

February 12, 2014

Price and product intelligence technology vendor 360pi has launched 360insights, a suite of integrated visualizations and dashboard reports that gives retailers real-time visibility into how they can immediately increase revenues and margins through adjustments to their pricing and product mixes.

February 12, 2014

Before 2013 was over, prognosticators were making bold predictions about retail margins in 2014. As technology disrupts the market and chains feel the squeeze, a number of key areas will demand attention in the coming months.

February 11, 2014

Guitar Center has selected 360pi to increase their awareness of the competitive marketplace and to utilize the actionable insights gained from the 360pi intelligence to increase market competitiveness.

February 6, 2014

Home automation product retailer Smarthome has deployed the 360pi 360price solution, providing the retailer with pricing intelligence for 3,000 SKUs in near real-time.

January 30, 2014

The trend of companies adopting recurring revenue surged in 2013, with brand names using new billing and pricing models to grow sales and deepen customer loyalty.

January 28, 2014

When the 2013 holiday shopping season ended, it resulted in sluggish results for U.S. retailers. Price-match policies worked to fend off some showrooming, but these discounts also ate up margins at a very unhealthy rate.

January 21, 2014

Tire retailer TBC Corporation has entered into a three-year agreement for the Revionics Price Optimization and Revionics Promotion Optimization solutions.

January 15, 2014

Setting the right price is vital, because price is a key marketing lever and it expresses brand value in a competitive context.

January 9, 2014

Manthan Systems is introducing its ARC Pricing Optimization application.

January 7, 2014

Technology-enabled customer disruption is not strictly the province of retailers. Montreal’s public transportation authority, Société de transport de Montréal (STM), is in the midst of a successful pilot of a loyalty program that uses advanced geolocation and real-time mobile messaging to disrupt the public transportation customer experience.

January 6, 2014

While it is true that customer loyalty programs have revolutionized the way retailers engage with consumers, initially, loyalty programs were designed only as a data capture mechanism to drive a company’s marketing efforts.

November 15, 2013

Amazon.com has the best price on products in its assortment about 80% of the time. However, the new “Amazon Holiday Pricing Insights” analysis from pricing technology provider 360pi shows that Amazon does have weak spots, and that retailers can compete with the online giant, especially if they can beat Amazon on other non-price purchase factors.

November 7, 2013

RadioShack is giving shoppers the power to name their own deals with an interactive application on its e-commerce site where consumers can select the product and pricing, vote on and share the hot deals.

October 24, 2013

Online home improvement retailer Build.com has successfully deployed 360price, 360pi’s exact match solution, to monitor pricing for more than a billion permutations and combinations of products, categories and competitors.

October 21, 2013

Almost seven-in-10 (66%) shoppers feel retailers will offer better prices and discounts this year due to the current state of the economy.

October 14, 2013

Most retailers wouldn’t dream of using an abacus to reconcile daily accounts when software exists which performs calculations and reconciliations at lightning speed.

© 2014