Online Retail Pricing Strategies: How Not to Get Scammed
Not everybody knows about online retail pricing strategies. It doesn’t take a genius to figure out how retailers study consumer behaviour and pricing strategy to price their products. But one particular pricing strategy for online business seems to be in…
Decline in Profit of The Reject’s Shop : The Need to Transform
The decline in profit shows the Reject Shop is losing out to its competitors. What has set its downturn? The public retailers’ annual profit expectations was cut to $2 million and closed seven stores this year. It shows a…
Is Loss In Revenue Caused By Under-performing Pricing Teams?
Is loss in revenue the effect of leading underperforming pricing teams? Relentless margin pressure and technology advancement over the past decade have led to a drastic change in the role of the pricing and revenue management function in business….
Commercial Department: 4 Pricing Skills Your Teams Need To Master Now
The four pricing skills needed for the Commercial Department pricing team. Are you currently improving pricing in your business due to increasing downward pressure on price and intensifying competition in your industry? Do you know what pricing team…
Customer Loyalty: Do Customer Loyalty Programs Really Work?
Many managers firmly believe that the best customers are the most loyal customers. But I’m not so sure. When it comes to customer loyalty programs, we all put on our rose-tinted glasses – and invest in customer loyalty programs before…
