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What Competitor Price Monitoring & Sun Tzu’s Art Of War Have In Common
“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know...
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How Retail Price Vs. Customer Expectation Triggers Buying – Or Bolting To...
In line with recent blog posts about competitor pricing and customer buying psychology, here's another interesting observation, from a study entitled: The Effects of Consumers' Price Expectations on...
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11 Artful Ways Retailers Can Maximize Profits Using Competitive Price...
Competitive pricing is about creating a set of strategies to maximize your company’s profits. To make wise, low-cost, high-result pricing decisions, retailers need to use competitive price monitoring...
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5 High Performance Pricing Procedures For Ecommerce Profits
There's no area of your company -- or your future -- that isn't affected by pricing -- and, with pricing and assortment intelligence technology and price tracking capability developing at warp-speed,...
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Decisionmakers Cite 9 Key Reasons Business Intelligence & Analytics Critical...
Every day, there are more and more-sophisticated business intelligence and analytics tools available to optimize pricing for thousands of products, help spot possibilities to reduce prices and increase...
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10 Powerful Guidelines For Choosing The Best Retail Pricing Intelligence...
Pricing intelligence software tools are being used by retailers around the world to compete more effectively, increase sales, and grow profit margins through the use of advanced automated real-time...
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7 Dynamic Considerations For Choosing The Best Pricing Intelligence Solution...
As we know, today's retailers face all kinds of challenges and competition from many directions and channels. In my previous blog post (10 Powerful Guidelines For Choosing The Best Retail Pricing...
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3 Simply Brilliant Fixes For Your Retail Pricing & Assortment Competitive...
Are poor metrics affecting the believability of your bundling? Sales force not executing your pricing properly? Is lack of a playing plan keeping you from saving money and making money? Here are some...
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7 Reasons Comparison Shopping Engines Are A Growing Challenge To Online...
Sites that take product data feeds provided by many merchants, match up the products offered by each store, and allow customers to compare prices -- Comparison shopping engines -- have rapidly grown...
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60% Of RSR Survey Respondents Say “Improving Margins” Is Top Retail Pricing...
A just-released RSR Benchmark Research Study on Retail Pricing Practices indicates that retailers are sending an escalating number of price changes to their stores and other channels, due, among other...
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Why Online Retailers Need To Grow Revenue 15% In 2013 To Remain Competitive...
This just in! A nifty Infographic from ClickTale summarizing the latest eCommerce growth forecasts, telling why retailers need to achieve over 15% online revenue growth in 2013 in order to stay ahead...
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50% of RSR “Tough Love” Pricing Survey Respondents Evaluating “Rules-Based...
The most recent RSR Research Study, "Tough Love, An In-Depth Look At Retail Pricing Practices," examines what retailers think they need in order to be more competitive and successful in the...
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Even A Small Mistake in Pricing Will Have Big Negative Consequences For Your...
With the understanding that this video on competitive pricing and profitability management by Deloitte is aimed at business organizations, what it says about pricing in general is worth hearing for...
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Why Amazon’s Foray Into $10.6 Billion Prestige Makeup Biz Has Department...
Amazon's next conquest could take another big chunk out of the retail industry. The online discount giant has apparently set its sights on the beauty products departments of prestige department stores,...
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10 Absolutely Brilliant Ways Retailers Are Profiting From Competitive Price...
Warning: The following could be the most important piece you'll ever read on the intelligent use of pricing solutions. Retail competition is much more than getting your competitors' prices and...
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5 Ways To Flush Your Retail Pricing Competition Using These Poker Principles
The rules for successful competitive pricing are not much different than those for playing poker. I came across a blog by Matthew Toren, an enfant terrible when it comes to entrepreneuring, investing...
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Find Out How One Retailer Widened Its Pricing Gap Over Amazon By More Than 25%
While news of Amazon's demise would certainly be greatly exaggerated, several recent stories in the Wall Street Journal by writer Tom Gara suggest that Amazon is losing its pricing edge. (Amazon Losing...
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10 Commandments Of Price Optimization Retailers Don’t Want Their Competitors...
Vince Lombardi, inveterate coach of the Green Bay Packers was very tough -- and very successful. He had a lot of wise sayings. The most important thing he ever told his teams was: “Winning is not a...
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Pricing Intelligence Solutions Are NOT Created Equal: 5 Vital Questions Every...
A funny thing happened to me at the eTail West conference in San Antonio, Texas earlier this month: I realized that many retailers don't fully appreciate the vast differences in the capabilities and...
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7 Dynamic Considerations For Choosing The Best Pricing Intelligence Solution...
As we know, today's retailers face all kinds of challenges and competition from many directions and channels. In my previous blog post (10 Powerful Guidelines For Choosing The Best Retail Pricing...
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