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Dynamic Pricing Duels Between Online Retailers Continue: WSJ AUDIO
Dynamic pricing by big online retailers -- changing their prices frequently to have the lowest or most competitive price at any given moment -- with the express goal of being listed in the "choice" box...
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5 Simple Secrets Every Successful Online Retailer Knows About Pricing,...
The secrets of knowing your competitors' product assortment and meeting and beating your competitors' pricing aren't really secrets. They are so simple, they may sound laughable. But they're not....
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How The Most Advanced Pricing Intelligence System Tracks Your Competitors’...
What makes a Competitive Pricing & Assortment Intelligence Company thrive and flourish? What goes into capturing the pricing intelligence retailers need in order to compete effectively? Here's a...
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How Retailers Can Attain Greater Holiday Profits Using Competitive Pricing...
Our recent posts discuss ways retailers can compete most effectively in the upcoming holiday season. Sales, promotions, and desperation before their time are extremely detrimental to retailers' bottom...
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5 Smartest Paths To The Most Effective Competitive Pricing & Profit
When does price matter? Econ 101 teaches that demand decreases as prices rise, and increases as prices fall. Econ textbooks inevitably present a graph with a graceful curve, illustrating the...
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6 Compelling Reasons Every Retailer Should Track Competitors’ Prices Daily
On any given day, retailers can attend workshops or webinars, read blogs, white papers, reports, or newspaper articles, and get advice on marketing, customer care, big data, social media, and use of...
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Antitrust. How Google’s Search Algorithms Could Stifle eCommerce Competition
What do you do when an 800-pound gorilla has a monopoly on search engine activity that sends consumers to your website -- and is also an ecommerce competitor of yours? What happens when your website...
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5 Must-Know Technology Trends That Will Drive Retail Business In 2013:...
As the lines between traditional and digital channels continue to blur and the need for competitive intelligence and price monitoring software grows, Retail Touchpoints recently asked 14 key executives...
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5 High Performance Pricing Procedures For Ecommerce Profits
There's no area of your company -- or your future -- that isn't affected by pricing -- and, with pricing and assortment intelligence technology and price tracking capability developing at warp-speed,...
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3 Bold Ways Retailers Are Countering Showrooming (©Marketoon)
Retailers are using some interesting ways to counter showrooming, the shopping phenomenon where customers, after seeing a product in a physical store, search online for the best buy and purchase the...
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Global BI Software Revenue To Reach $13.8B In 2013 (Gartner): What’s This...
Worldwide Business Intelligence software revenue is expected to reach $13.8 billion in 2013, a 7 percent increase from 2012, with a market forecast to reach $17.1 billion by 2016, according to Gartner...
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8 Secrets To Setting Your Competitive Retail Prices Wisely
Setting prices today is not an easy task for retailers. It wasn't so long ago when you could simply hire a secret shopper to see what the competition was up to in your geographical area or browse a few...
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Even A Small Mistake in Pricing Will Have Big Negative Consequences For Your...
With the understanding that this video on competitive pricing and profitability management by Deloitte is aimed at business organizations, what it says about pricing in general is worth hearing for...
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Find Out How One Retailer Widened Its Pricing Gap Over Amazon By More Than 25%
While news of Amazon's demise would certainly be greatly exaggerated, several recent stories in the Wall Street Journal by writer Tom Gara suggest that Amazon is losing its pricing edge. (Amazon Losing...
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As Walmart Has Kids Pick Hot Holiday Toys For 2013, ToysRUs & Kmart Launch...
Coming to a retailer near you this holiday season: Toy Wars. Created by Walmart, contested by ToysRUs and Kmart; playing to a potential audience of billions -- with each retailer hoping to realize big...
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Amazon Puts On Luxury Makeup To Compete In $10.6B Industry
Amazon has been angling toward the luxury market for a while now, launching its own online luxury beauty store earlier this month. We told you about this impending move in our July, 2013 blog post,...
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What 22% Of Retailers Are Already Doing With Pricing Intelligence That 35%...
This is a story about savvy, value-conscious shoppers using personal technology for shopping and showrooming. It's how that behavior led to competitive tactics by retailers -- using pricing...
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Why Are Retailers Afraid To Set Up Their Pricing Intelligence Solutions?
In our increasingly complex retail landscape, it makes sense for retailers to use only the best intelligence solutions to help access information and insights, identify and address opportunities, and...
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88% of Shoppers Say They Webroom, i.e. Research Online Then Buy In Stores
Retailers can rejoice that consumers increasingly are heading to local stores to purchase items they've researched online, or "Webrooming," (as opposed to "Showrooming," where customers research...
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Dynamic Pricing: What should you do if your competitors change prices every...
Editor's Note: We recently received some great questions on our Competitive Pricing For Online Retail LinkedIn Group Site -- worth sharing with our wider audience. Questions such as: 1. What should you...
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