modern-psychological-pricing 
Wiser
NOVEMBER 2, 2017
Even though we are deep into the retail consumer’s mindset, we all end up making purchases based on psychological pricing. These prices appeal to us emotionally, even if we don’t realize it. As retailers and brands, harnessing the power of psychological pricing is an invaluable asset. .
Retail Focus
OCTOBER 25, 2023
While prices and service were somewhat reduced, the primary focus shifted to delivering the right product at the right time. Shoppers grew more informed, empowered, and harder to reach, paving the way for the rise of discount department stores that provided lower service at lower prices.
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Retail TouchPoints
APRIL 17, 2024
This phenomenon is described perfectly by Sherry Turkle, a leading expert on the social and psychological effects of technology, as being “alone together.” As we look around our streets, cafes and dinner tables, we see people together, but they’re not making eye contact, much less conversing. Instead, they’re transfixed by their screens.
Inside Retail
MAY 19, 2022
Australian HR experts have welcomed the Fair Work Commission’s recent finding that people working under modern awards should be entitled to 10 days of paid family and domestic violence leave, saying the benefits far outweigh any potential costs to businesses. CW: This story is about family and domestic violence.
Retalon
AUGUST 22, 2023
In today’s highly competitive online marketplace, getting your pricing strategy right is absolutely crucial for ecommerce success. This comprehensive guide will take you through everything you need to know to strategically price your products for optimal profitability and growth. What exactly is an ecommerce pricing strategy?
Inside Retail
NOVEMBER 17, 2021
Aesthetics can communicate brand value; for example, customer value in discount stores is delivered through price, range and in some cases, convenience. The Arne Jacobsen-designed building is defined by its unique ellipse-shaped roof canopy, connected to a simple modern structure clad with white tiles. Retail needs neuro-experiences.
365 Retail
OCTOBER 3, 2022
Price differences also matter to many. Modern businesses now have a challenge: becoming sustainable while hitting goals and objectives. That could be the key to unlocking buyers’ psychology and making companies and their products attractive. Sustainable packaging eases the transport of goods in stacks.
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