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…
IKEA Product Pricing and Marketing Strategy Analysis 🛋️
Affordability in business refers to providing value to customers at a fair price, encompassing quality, utility, and customer experience. For instance, the new pricing strategy of IKEA for its TESAMMANS collection and Happy Days Deals offer diverse products at affordable prices without compromising quality. This ensures…
Should Fast Food Chains Start Using Surge Prices in Their Menu? 🥓
Using a surge price strategy means dynamically adjusting prices according to demand, a strategy popularised by ride-hailing services like Uber and Lyft. Now, fast-food chains are contemplating its adoption. Wendy’s recent venture into surge pricing showcases this emerging trend. If effective, this dynamic pricing model could…
Different Market Pricing Options & Tactics: Does Game Theory Work for Pricing Leaders? 🎲
The market is tough and competitors are becoming increasingly creative. What are your market pricing options and tactics? How do your market pricing tactics appear to your competitors? What is the game theory? Does it work for pricing leaders? >Download Now: Free PDF Driving Pricing…
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…