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…
Managing Product Prices And Extended Customer Warranty Strategy 👮🏼♂️
Effective product prices and extended warranty strategies are essential in building trust, guaranteeing product quality, and fostering confidence. They play a crucial role in consumer choices, guiding decisions and nurturing brand loyalty. As a business cornerstone, warranties not only assure reliability but also form a bridge…
Optimising Pricing Structure for Airbnb and Other Accommodation Booking Sites 🚪
Aside from the actual facilities of the location, pricing could be the most compelling aspect of an accommodation; booking systems should constantly bear this in mind. A recent Airbnb incident before Taylor Swift’s concert makes for an interesting case study. This incident brings to light the…
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