Competitive Pricing
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Competitive Pricing
monitoring online retailers prices to maximize your profits
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Dynamic Pricing Duels Between Online Retailers Continue: WSJ AUDIO

Dynamic Pricing Duels Between Online Retailers Continue: WSJ AUDIO | Competitive Pricing | Scoop.it
More on dynamic pricing by retailers to get listed in the top selection box for having the lowest price. What effect this price volatility will have on consumers.
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How Online Dynamic Pricing Can Hurt Retailers And Consumers

How Online Dynamic Pricing Can Hurt Retailers And Consumers | Competitive Pricing | Scoop.it
Retailers are using dynamic pricing more and more for everyday pricing to get rated highly on consumer comparison charts, leading to more sales.
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How To Get Your Customers To Like Price Segmentation

How To Get Your Customers To Like Price Segmentation | Competitive Pricing | Scoop.it
Stores are offering individual offers, prices, and discounts to specific shoppers -- based on their behaviors -- to encourage them to spend more. This is price segmentation.
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Why Pricing 'Right' Is Vital For Retailers Today

Why Pricing 'Right' Is Vital For Retailers Today | Competitive Pricing | Scoop.it
"Top 3 business challenges driving pricing strategies" in 2011 RSR Survey were increased price sensitivity, pricing aggressiveness from competitors; and increased price transparency.
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6 MAJOR Reasons To Track Your Competitors' Prices Every Day

6 MAJOR Reasons To Track Your Competitors' Prices Every Day | Competitive Pricing | Scoop.it
Tracking competitors' prices every day important as Retail becomes more competitive, prices changed more often; more transparency; more action in real time.
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Upstream Commerce Makes It Easier To Monitor Competition 24/7 Using Magento Integration

Upstream Commerce Makes It Easier To Monitor Competition 24/7 Using Magento Integration | Competitive Pricing | Scoop.it
Upstream Commerce announced integration of its competitive intelligence pricing tools with Magento, the leading eCommerce platform -- owned and used by eBay.
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iPad Marketing Strategy: Why Competitive Advantages Should Steer Strategy | Business 2 Community

iPad Marketing Strategy: Why Competitive Advantages Should Steer Strategy | Business 2 Community | Competitive Pricing | Scoop.it

Marketing strategy success is the result of being able to pinpoint your company’s competitive advantages in a given market...

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5 + 5 Ways Retailers Can Analyze & Integrate Their Internal Pricing Systems For Efficiency and Profit: The Enemy Within, Part 3

5 + 5 Ways Retailers Can Analyze & Integrate Their Internal Pricing Systems For Efficiency and Profit: The Enemy Within, Part 3 | Competitive Pricing | Scoop.it
Retailers should set up internal organizations to coordinate pricing, flow of price information through the company, report on price performance & set pricing strategy.
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No more big TV discounts? Samsung and Sony push to control pricing.

No more big TV discounts? Samsung and Sony push to control pricing. | Competitive Pricing | Scoop.it
Samsung and Sony, two of the world's biggest television manufacturers, have begin setting minimum retail prices on their sets.
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Death of the penny may cause extinction of strategic price point | Executive | Financial Post

Death of the penny may cause extinction of strategic price point | Executive | Financial Post | Competitive Pricing | Scoop.it
The loss of the penny will have significant implications for pricing.
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The Wacky World of Prices: Rental Cars, Hollywood, and HBO

The Wacky World of Prices: Rental Cars, Hollywood, and HBO | Competitive Pricing | Scoop.it

Price Discrimination- as it applies to Hollywood, rental cars and HBO

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Price Wars, Part 3: How To Avoid, Handle, And, Maybe, Start A Price War

Price Wars, Part 3: How To Avoid, Handle, And, Maybe, Start A Price War | Competitive Pricing | Scoop.it
What is a Price War? What are the negatives of getting into a Price War? How to avoid getting into price wars? When to start a Price War.
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When price competition heats up, we pay for it in hidden fees - TwinCities.com

When price competition heats up, we pay for it in hidden fees - TwinCities.com | Competitive Pricing | Scoop.it
Most people hate getting nickeled and dimed to death.
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Dynamic Pricing Heating Up In Online Retail Competition: WSJ News Hub VIDEO

Dynamic Pricing Heating Up In Online Retail Competition: WSJ News Hub VIDEO | Competitive Pricing | Scoop.it
As online retailers scramble to use pricing intelligence tools and techniques to get high rankings on consumer price search engines, what will it mean to consumers?
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The Surprising Secret to Successful Price Segmentation

The Surprising Secret to Successful Price Segmentation | Competitive Pricing | Scoop.it
Upstream Commerce's Guest Blogger, Reuben Swartz, says the secret to successful price segmentation / price differentiation is not to do it.
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Why Pricing Technology Tools & Assortment Solutions Are Vital For Retailers Today: Part 2

Why Pricing Technology Tools & Assortment Solutions Are Vital For Retailers Today: Part 2 | Competitive Pricing | Scoop.it
The need for technology tools and assortment intelligence was the #1 item noted in the answers to every question about retailers' needs for the best pricing and profits in RSR 2011 Survey.
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4 Simple Secrets To Powerful Competitive Pricing

4 Simple Secrets To Powerful Competitive Pricing | Competitive Pricing | Scoop.it
When it comes to maintaining your prices, you have 4 choices: Ignore, react, respond, and pre-act.
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It’s 10:00 O’clock. Do You Know Where Your Profits Are?

It’s 10:00 O’clock. Do You Know Where Your Profits Are? | Competitive Pricing | Scoop.it
Retailers, do you know where your profits are? Take control of your destiny: Raise Prices in your most profitable lines. Notes from Upstream Commerce's Guest Blogger, sales, marketing, pricing expert, Dale Furtwengler.
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The next wave of online retail is here – and it's going to create even bigger waves: Kohler

The next wave of online retail is here – and it's going to create even bigger waves: Kohler | Competitive Pricing | Scoop.it
The next wave of online retailing, far more dangerous for traditional store retailers than the first wave, is now upon us. It has been happening in the US and Europe for more than a year, but has now arrived in Australia.
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Should Retailers Price for Loyalty or Price By Willingness to Pay? The Contradiction

Should Retailers Price for Loyalty or Price By Willingness to Pay? The Contradiction | Competitive Pricing | Scoop.it
Use price segmentation; charge different prices based on customers' willingness to pay. Keep prices right for your loyal customers & they will remain loyal to you.
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‘Fair and square’ pricing? That’ll never work, JC Penney. We like being shafted! | eBizine

You might have seen recently that iconic retailer JC Penney is slumping badly.
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Name Your Own Price – An Effective Marketing Approach in the Era of Competitive Ecommerce

Name Your Own Price – An Effective Marketing Approach in the Era of Competitive Ecommerce | Competitive Pricing | Scoop.it

When Simon Tao, partner of Washingtonian Furniture LLC, was in Singapore this spring, he stayed at a 5-star hotel Royal Plaza, part of French hotel group Accor. He participated in their “Name Your Own Price..."

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Price Wars, Part 2: 5 Reasons Price Wars Are A Bad Idea And 5 Steps You Can Take To Avoid Them

Price Wars, Part 2: 5 Reasons Price Wars Are A Bad Idea And 5 Steps You Can Take To Avoid Them | Competitive Pricing | Scoop.it
Price Wars: A bad idea; they don't increase market share & create false customer expectation; could lead to retaliation by competitors; divert attention from product benefits.
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