Recent competitive pricing articles

Posted Jan 8, 2009

The column below, by Tom Pirovano, Nielsen, was recently published in Nielsen’s “Consumer Insight” online newsletter.
1. Take higher margins in less price-sensitive categories
Ranking categories based on purchase frequency is a fast and inexpensive way of identifying categories that are least sensitive to higher pricing.  Shoppers are less likely to remember pricing on products purchased only once or twice per year. For higher-priced products, however, shoppers are more likely to shop around for the best deal.
2. Lower the thermostat in stores this winter
Your customers will be wearing coats anyway.  This will …

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