article thumbnail

Is Price Matching the Right Strategy for You?

Wiser

Overall, shoppers want confidence that they are buying from a reputable, honest, and fair retailer. Price matching can help with that. On its surface, a price match strategy is set up to benefit the shopper at the detriment of the retailer. A shopper comes in and says I see that product at a lower price from a competitor.

article thumbnail

Is Price Matching the Right Strategy for You?

Wiser

Overall, shoppers want confidence that they are buying from a reputable, honest, and fair retailer. . Price matching can help with that. On its surface, a price matching strategy is set up to benefit the shopper at the detriment of the retailer. This is a good-faith initiative.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Retailers Can Weather the Tariff Storm

Retalon

Retail Industry Slowdown Faced with higher costs and slowed consumer activity, retailers may cut jobs or slow store expansions. Brick-and-mortar stores, already under pressure from e-commerce, will struggle to stay open with higher operational expenses. Okay, okay! This is a lot, but there is good news.

article thumbnail

Pricing power: Retailers respond to tariff turbulence with steep price hikes

Inside Retail

As tariff walls rise, so are retail prices. Amazon sellers have begun raising prices on hundreds of top-selling items, CNBC reported, as import costs climb. Both companies have informed US shoppers of upcoming price hikes starting April 25, attributing the decision to new global trade rules.