A Look Into Competitive Pricing Pros and Cons – Is This The Strategy For You? 📚
There are many pricing strategies your business can choose from, but only a few will actually bring growth to your business. Knowing whether or not a pricing strategy is right for you can save you a lot of time and money. In this article, we’ll be…
What Retailers Can Learn From Woolworths’ Price Optimisation 🍤
Effectively managing price optimisation post-backlash is crucial for retailers. A pertinent example is the recent Woolworths situation, offering valuable insights for businesses. Let’s delve into Woolworths’ response, extracting actionable lessons for retail management. By examining this case, businesses can develop strategies to maintain consumer trust and…
Why is Shrinkflation Happening in Cereals Manufacturing 🌾
Why is shrinkflation happening? This pricing tactic is a pressing challenge confronting Australian cereal manufacturers at the moment. Shrinkflation, marked by reducing product sizes while either maintaining or increasing prices, has provoked skepticism among consumers. It is crucial for businesses to promptly address this issue to…
Should A Grocery Store Delist Products Due To High Prices? 🫧
The current global surge in grocery store food prices is a pressing concern, prompting businesses to adapt swiftly. In response, companies are adjusting strategies to mitigate the impact and maintain stability. A noteworthy illustration is the recent decision by Carrefour to delist Pepsi products, attributing the…
What is Congestion Pricing? Can it Solve Traffic in Australia? 🚏
Australian cities are grappling with worsening traffic and are exploring solutions like congestion pricing. This method involves charging vehicles during peak hours in busy zones to regulate road usage. Supporters argue it can alleviate traffic, improve air quality, and enhance urban mobility. Yet, its effectiveness in…
