Tag Archives: Automated Pricing Systems

“List Prices” Have Become Slippery Slope for Retailers, Customers & The Law

Marketing StrategyRemember when price tags had information on them like: “Valued at, compared to, marked down from, or manufacturer’s suggested retail price? In recent years, many retailers have been hauled into court for “false and misrepresentative” advertising — for comparing the discounted price to list prices that were inflated o...
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7 Major Retail Trends for the 2015 Holidays & Beyond

Not just holiday time any more, but year-round, retailers are finding that best practices based on accurate, easy to use, actionable scientific data provide the greatest efficiency, agility, and profitability as they embrace new ways to manage products and inventory — as well as price optimally for profit.

To see what’s coming, we assembled som...
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How Price Intelligence Can Help Retailers Win Nearly Every Poker Pot

When I talk with prospects about choosing the best pricing intelligence solutions, I tell them to visualize a poker game where they win the pot regularly and consistently. As you know, in the game of Poker, you are dealt a certain set of cards on which you must base your bidding. You bet on whether you think you have the best hand and then compete ...
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Upstream Commerce Unveils New Predictive Pricer™ Price Optimization Solution

UC logo 200 x 190Global retail intelligence leader Upstream Commerce offers SaaS-based intelligence and analytics solutions that transform the way retailers price, select merchandise and manage products in order to maximize sales and optimize margins. Today, at SHOP.ORG’s 2014 SUMMIT, Upstream Commerce unveiled their new Predictive Pricer™ price optimization solu...
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50% of RSR “Tough Love” Pricing Survey Respondents Evaluating “Rules-Based Pricing Engine” As Tech Solution

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 marketplace. Looking at the section on Pricing Technology Solutions, 50% of the respondents indicate that they’re in the process of evaluating and selecting a r...
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Antitrust. How Google’s Search Algorithms Could Stifle eCommerce Competition

What do you do when an 800-pound gorilla has a monopoly on search engine activity that sends consumers to your website — and is also an ecommerce competitor of yours? What happens when your website becomes harder to find, receives less prominence, and your carefully sought-and-paid-for results appear to be dropping off? Here’s a cautionary tale bei...
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3 Ways Automated Pricing Systems Can Harm Your Online Retail Business

Last spring there was a big buzz when a book about flies was listed on Amazon.com for $1,730,045.91!!  “…The prices,” according to the Seattle Post, “were stuck in a feedback loop … One bookseller raised the price and the other followed, which in turn would cause the first price to rise again. And on and on and on…”
There are many such stories, usu...
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