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Instant Price Changes on Aisle 4

Shoppers can be reasonably confident that the price of a box of their favorite cereal will not budge in the time it takes to push a cart down a supermarket aisle. But that may change as stores begin to experiment with the kind of minute-by-minute price adjustments made online.

More web retailers are using software that fluctuates prices throughout the day in order to draw shoppers’ attention and better manage inventory, according to The Wall Street Journal. By its count, Amazon.com changed the price of one General Electric microwave nine times in 24 hours, pricing it as high as $871.49 and as low as $744.46.

That kind of price control may be impossible in a physical store without arming legions of employees with price guns, but experts say that to combat “showrooming” (where shoppers visit stores but buy the goods online) — and just to keep up — the tactics are being rolled out on a limited scale. The most common iteration is the Black-Friday-style door-buster deals, in which the first 100 or so shoppers get a product at a steep discount. Other stores use a round of advertised sales that last just an hour or two during the day, says James Bieri, principal at Stokas Bieri Real Estate, a Detroit-based retail consulting firm. The Journal found that Best Buy often followed Amazon in adjusting its online pricing. (Best Buy did not respond to requests for comment on whether that strategy might extend to its physical stores.) But these daily changes are often limited to one or two shifts at most and to just a few items, since store associates must switch out all the sale signage, he says. For now, anyway.

More retailers are experimenting with brand-focused stores within stores, which could make it easier to offer sales on select groupings, Bieri says. Kohl’s has also been rolling out digital price tags, which can be changed with a few clicks on the computer, says Edgar Dworsky, founder of advocacy site ConsumerWorld.org. (Kohl’s did not respond to requests for comment.) Even with high-tech signage, price changes are likely to be limited, so that shoppers won’t be discouraged from sticking around and browsing. “It defeats their purpose if you have to pick up those jeans and run to the checkout,” Bieri says.

Although dynamic pricing could let savvy shoppers snag a better deal with the right timing, advocates have concerns, too. “It would be so easy for a store to change prices the day welfare checks come in, or if there’s a storm coming, mark up prices on bread and milk and batteries,” says Dworsky. Fast-changing prices would also make it easier for retailers to fudge an item’s real retail price, he says — a $100 sweater for $50 isn’t really a 50% off sale when it was priced at $100 for just a few hours, and has been $70 ever since.

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    • By WebOsPublisher

      Formspring is the place to share your perspective on anything.
      what is your favorite smiley icon in Skype? | Formspring
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      nathan
      28 Jul 11
      what is your favorite smiley icon in Skype?
      smile
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      varvika
      18 Sep 11
      (poolparty)
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      PedroFlorim
      8 Aug 11
      i don’t use skype
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      Ruthabella
      8 Aug 11
      The emo. He looks snazzy.
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      mirandalynnxd
      6 Aug 11
      the two dancey ones!
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      Sa7mon
      6 Aug 11
      via Spring
      The piling one ;)
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      ColexxDixon
      2 Aug 11
      Don’t have a skype you silly nagger
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      gillesdevaux
      1 Aug 11
      Smiley icons are evil
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      cassiieexx
      1 Aug 11
      via Spring
      ;) hahah
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      r1243
      31 Jul 11
      Too many of ‘em!
      Random fact: Skype was originally made by Estonians. Another random fact: I’m Estonian! :D
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      LilyLoox
      29 Jul 11
      I don’t have Skype. It’d be an evil one though.
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      ViktorBeetle
      29 Jul 11
      FUCK >_<
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      Rubiidium
      29 Jul 11
      I don’t know. Rarely open skype.
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      alyssabarmonde
      28 Jul 11
      The hug ({)
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      speakerbug
      28 Jul 11
      Without a doubt – (ninja). :)
      oh wait…i mean (ninja)!
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      pims
      28 Jul 11
      (emo) because it looks like @jdmaturen!
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      joodeth
      28 Jul 11
      none
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      kellyfitzzzz
      28 Jul 11
      I don’t have skype.
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      miwwiee
      28 Jul 11
      the heart <3 <3
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      Autumnmorrisey
      28 Jul 11
      i like them alllllll.
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      timofutbol
      28 Jul 11
      :P
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      marcelosrc
      28 Jul 11
      nem tenho skype
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      bennyboy921
      28 Jul 11
      idk
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      BellaMSwan516
      28 Jul 11
      I haven’t used skype in a while so I don’t have one.
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      MinnelleHerself
      28 Jul 11
      I have to go with the one I get most often: t(~,~)t
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      jellyfishness
      28 Jul 11
      I didn’t know what to say so I went on sypke to look at all the smiley icons and found one that throws up. (puke)
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Almond milk and other notable Fed nuggets

Where every Fed member stands on raising rates  
Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

History’s lessons in surviving market crashes

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP

U.S. productivity rises at fastest pace since end of 2013
Productivity rises at fastest pace since end of 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
L.A.: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
Take your company pension, or buy an annuity?
Don’t overcomplicate 401(k) transfer to an IRA
Is this all the investing advice you’ll ever need?

Uber drivers lawsuit  endangers much more than Uber
Uber will likely appeal class-action decision
Uber driver suit can proceed as class action

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354002

Markets »

133.48MDow Volume:
Avg Vol: 111.86M
Unchanged
201
Decliners
1922
Advancers
4480
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,313 +18 0.78%
Gold
/quotes/zigman/662444/delayed 1,133 -7 0.58%
Oil
/quotes/zigman/2331095/delayed 46.05 +0.64 1.41%
FTSE 100
/quotes/zigman/3173262/delayed 6,083 +25 0.41%
DAX
/quotes/zigman/2380246/delayed 10,048 +32 0.32%
CAC 40
/quotes/zigman/3173214/delayed 4,555 +14 0.30%
FTSE MIB
/quotes/zigman/1482176/delayed 21,612 +161 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 9,938 -55 0.55%
Stoxx 600
/quotes/zigman/2380150/delayed 354 +1 0.27%
Asia Dow
/quotes/zigman/6959860/realtime 2,703 -14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.01%
Yen
/quotes/zigman/16008150/realtime/sampled 120.33 0.00 0.00%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 +0.00 0.01%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 +0.00 0.01%
DXY Index
/quotes/zigman/1652083/delayed 95.89 +0.52 0.54%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.56 +0.00 0.00%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 +0.03 1.35%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 1.96%
Italy 10yr
/quotes/zigman/15866497/realtime 2.00 0.00 0.02%
Spain 10yr
/quotes/zigman/15866444/realtime 2.15 +0.01 0.45%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 -0.01 0.55%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 46 +1 1.41%
Gold
/quotes/zigman/662444/delayed 1,133 -7 0.58%
Corn
/quotes/zigman/7599553/delayed 367 -2 0.54%
DJIA F
/quotes/zigman/38649152/delayed 16,338 +251 1.56%
S&P F
/quotes/zigman/30356461/delayed 1,948 +32 1.68%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.31%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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