retail pricing Archives - Pricing Articles from Professional Pricing Society

Power of Pricing Analytics in Retail and E-Tail Decision Making

For retail and e-tail businesses, there are significant benefits to working with pricing analytics experts who have high-level pricing analytical skills and can use a company’s data to inform pricing and create new pricing opportunities, especially in the areas of e-commerce and competitive intelligence. In this article, the author presents best practices for applying pricing analytics tactics to large, dynamic retail businesses which can be used by pricers operating in these markets.

By admin|2023-01-30T18:06:24+00:00January 31, 2023|eCommerce Pricing, Pricing Analytics, Pricing Articles, Retail Pricing|0 Comments

Pricing and Promotions: the Analytics Opportunity

Many retailers underestimate the value of coordinating decisions on pricing and promotions. A new pricing analytics approach can help.

By admin|2022-03-24T17:22:16+00:00August 31, 2021|Pricing Articles, Pricing Promotions, Retail Pricing|0 Comments

The Correlation Between Price and Consumer Preference

This case study outlines a pricing transformation project that provided $3 million in short-term pricing opportunities and $10 million in long-term margin improvement opportunities. The project realized these outcomes by harnessing consumer pricing research to determine if different customer segments shopped using specific retail channels, and if so, which products should be offered through each retail channel, and at what price.

By admin|2022-03-24T22:26:05+00:00June 30, 2021|Consumer Pricing, Pricing Articles, Retail Pricing|0 Comments

How to Develop a Winning Pricing Structure in Retail?

When it comes to retail pricing structure, there are a lot of variables to take into consideration. In this article, the author discusses one retail pricing structure that helps to gain back control over prices and manage pricing effectively. This retail industry specific example contains pricing structure analysis that can benefit pricers in multiple industries.

By admin|2023-10-29T19:09:50+00:00July 31, 2018|Pricing Articles, Retail Pricing|0 Comments

How Retailers Should Think About Online Versus In-Store Pricing

In this article, the author examines the growing challenges retailers are facing in pricing for both brick-and-mortar and online customers. To succeed in the modern world of retail, the author explains, executives need to embrace web and in-store as unique operations that cater to customers with different needs and price sensitivities.

By admin|2023-11-05T20:20:00+00:00February 28, 2017|Online Pricing, Pricing Articles, Retail Pricing|0 Comments

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This site provides access to archived articles from the Pricing Advisor newsletter, the Journal of Professional Pricing, our pricing blog, pricing research reports, and other resources for pricing professionals.