Overtime price intelligence has adapted to benefit multiple areas of the retail sector. Having all the key knowledge required for businesses to price intelligently, has caused this data to be manipulated and used for a…
Building Pricing Intelligence Maturity Price intelligence is one of the most important factors in building business competitiveness. However, not everyone is at the same point along the pricing intelligence journey. The journey I’m talking about,…
Do you need to view data in a different way? In our previous blogs, we highlighted the need for retailers to understand their competitors through price comparison solutions. This is a still an essential stepping-stone in…
The buying triangle – Price, Availability and Convenience Retailer and Brands invest heavily in customer loyalty. It serves them well as loyal customers tend to have an emotional connection to the retailer or brand. Loyalty…
Retail Transformation Can the majority of retail businesses survive without a radical retail transformation? Big powerful players like Amazon are changing the industry. Can it really compete in a world where price and data analytics…
A recent America study suggests that `Price’ is the deciding factor that can influence online purchases. The findings come from the 2016 BigCommerce State of Omnichannel Retail Study. Most important factors that influence online purchases…
Big changes in consumer behaviour The past two decades have represented a time of significant technological change, where increasingly of our lives are being shaped by the internet and its ever increasing impact on how…
Most business’s don’t have a pricing process I came across this interesting KPMG press release recently that supports our long held view that the majority of business’s (big and small) have no formal price strategy…
It is surprising that companies embark on spending money on price automation tools without really understanding what’s needed. This not just a problem with pricing tools. It is a universal problem that affects thousands of…
Consumer rights have been given one of the most significant overhauls in a generation and whilst its aim may be to streamline 8 pieces of legislation into one (which should ultimately aid both business and…
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