New research a wakeup call for retailers when it comes to price strategy

Commonwealth Bank Retail Insights Report 3

MEDIA RELEASE New research revealed in the Commonwealth Bank’s Retail insights report should act as a wakeup call for retailers when developing pricing strategies, particularly as the industry heads into the busy Christmas and New Year period. The report demonstrates that there is no one-size-fits all approach when it comes to pricing strategies for retailers. […]

Free workshop for retail traders

Each year, the Office of Fair Trading (OFT) undertakes a targeted compliance monitoring and educational program across all industries it regulates. This program provides an opportunity to gain a greater understanding of trader behaviour and assists with developing strategies to provide education and encourage industry compliance. In 2015-16, programs that targeted the retail sector specifically […]

Beware of misleading ‘drip pricing’ practices

‘Drip pricing’ is a practice used by some retailers during online purchasing, where a headline price is advertised up-front, but other fees and charges are added throughout the purchasing process. Often the extra fees and charges are unavoidable or are applied in most transactions, making it difficult for consumers to compare offers. The Federal Court […]