Why Blockbuster 🎦 Went Out of Business? An Analysis of its Business and Pricing Model
Why Blockbuster went out of business? It was one of the biggest video rental retailers in the country. It had branches from other countries as well. So what went so wrong? Missing the days when after a long day at work, you’d look forward to…
Is Retail Strategy Australia Dying On Its Feet 👣? The Reasons Why.
Is retail strategy Australia dying on its feet? Every day we hear news of yet another major Australian retailer or manufacturer either: facing financial loss, making major staff cuts, dealing with service or operational issues or shutting down altogether. With technology disrupting business objectives, many…
Does AI Offer Businesses The Best Price Optimisation Techniques Or Not? 🛎️
Can AI pricing really improve a business’ price optimisation techniques and analytics? From phones to cars to insurance pricing and many B2B industries as well, AI is fast becoming a pricing tool of choice for businesses that want to improve pricing and drive immediate profitability. …
To Weather a Crisis, Build a Pricing Centre of Excellence Model 📊
Is a pricing centre of excellence essential for the industry to survive a crisis? The coronavirus pandemic has changed the rulebook on pricing. Hence, all industries sectors have been impacted, from the tech companies to the service industries. This pandemic has created a commercial situation…
Bank Pricing Strategy: Royal Commission Calls Out Bad Sales and Pricing Practices in the Big Four Banks 🏦
In a damning final report that impacts the lives of almost every person in Australia, Justice Hayne gave 76 recommendations which challenge key aspects of banking, including the big four bank pricing strategy. In the report, Justice Hayne cites shocking examples of local banks providing customers supposedly…
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