Are You Still Sleep Walking? Wake Up to the New World of Smarter Pricing

Posted by Moira McCormick on December 4, 2018

 

According to Tim Walker writing for The Guardian, the days of fixed pricing appear to be coming to an end.  The traditional concept of RRP or ticket price has gradually been eroded and now there are many exciting opportunities for dynamic, personalised pricing models.

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Topics: Smarter Pricing

Retail Pricing Software Company Bolsters Leadership Team

Posted by Emmanuel Aremu on November 22, 2018

Price management and optimisation company, BlackCurve, has strengthened its leadership team with the appointment of software entrepreneur Martin Fincham as Chairman and Chee Wong, the former COO of Shazam, as Technical Advisor.

Since raising the seed round, BlackCurve has continued to bolster its team, expand its client base and make strong progress building out its product, including key integrations with BigCommerce, Magento and Shopify.

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Topics: BlackCurve

Why Your Pricing Strategy is Failing and How to Fix It

Posted by Moira McCormick on November 21, 2018

 

No matter what product or service you sell, the price you charge your customers or clients will have a direct impact on the success of your business.

A truly effective pricing strategy should:

  • Communicate your value
  • Position you in the market
  • Reinforce your revenue strategy
  • Allow you to invest in continuing innovation
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Topics: Pricing Strategy

The Automation of Pricing

Posted by Emmanuel Aremu on November 1, 2018

 

In our latest pricing video, Philip Huthwaite shares why pricing automation is becoming more common in businesses, what tools to use and how companies can automate their pricing operations.

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Topics: Pricing Automation, Automation

Should You Bet Your Sales Growth on Pricing Software?

Posted by Moira McCormick on October 30, 2018

Warren Buffet was not wrong when he stated "The single most important decision in evaluating a business is pricing power."

Effectively controlling your pricing does give you a definite advantage in the marketplace.  However, if you are still using spreadsheets to manage your prices, a method which is outmoded, and possibly even foolhardy, the future growth and prosperity of your business could be in jeopardy.

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Topics: Sales, Personalised Pricing

How You Can Reduce the Pain of Paying

Posted by Moira McCormick on October 16, 2018

Getting paid on time is one of the most frustrating issues for businesses. Customers are never  overjoyed to part with their money. But if they are happy with your products and service they are much more likely to pay within the negotiated time frame. 

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Topics: Customers, Willingness to Pay, Paying

How is Dynamic Pricing Changing Your Weekly Shop?

Posted by Lara McLeod on October 2, 2018

Over the years, there have been many factors that have impacted and ultimately shaped the way we do our weekly food shop. Gone are the days of walking down a local high street visiting the butcher, fishmonger, and greengrocer. Supermarkets changed all of that. And have continued to change the way we shop since their emergence.

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Topics: Retail, Supermarket, Dynamic Pricing

The New Pairing: Hospitality and Dynamic Pricing

Posted by Lara McLeod on September 11, 2018

 

With dynamic pricing infiltrating so many aspects of our lives, it is less surprising each time a new industry joins the bandwagon.

Given the popularity of dynamic pricing in travel costs (read more with Pricing Strategies for Tour Operators and Online Travel Agents), it is not a shock that hospitality as a whole appears to be looking at stirring up how they price their businesses.

This is true of hotels and also restaurants, the newest thread of hospitality to join in with dynamic pricing in a bid to increase profits and sustainability.

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Topics: hospitality, Dynamic Pricing, Dynamic Pricing Software

Lara McLeod's Marketing Internship Log: Week Nine

Posted by Lara McLeod on September 6, 2018

Today is my final day of my two months marketing internship at BlackCurve.

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Topics: Internship, marketing

People of Pricing, Chris Pople

Posted by Lara McLeod on September 5, 2018

Chris Pople, Group Pricing Manager at Cromwell (Holdings) Ltd, has huge knowledge and expertise in the area of pricing, having over 12 years of experience in just pricing behind him.

Outside of pricing, Chris loves to stay active, having recently got on his bike. In just 3 years, Chris has clocked up over 12,000 miles and formed the accredited Kibworth Velo Club. 

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Topics: PeopleofPricing, Pricing Blogs

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