The Pricing Guys

Revenue Management Labs

Join pricing experts Avy Punwasee and Michael Stanisz as they break down the latest pricing trends, industry insights, and strategies to maximize profitability. From in-depth analyses to real-world applications, this podcast is your go-to resource for mastering the art and science of pricing.

  1. S3E4 – Why Did Target Remove Prices From Tags?

    MAR 24

    S3E4 – Why Did Target Remove Prices From Tags?

    Have you ever picked up a piece of clothing in a store and noticed the price tag was... blank? Target made headlines when they quietly removed price points from tags on select clothing items, and the guys are unpacking what's really going on. In this episode, we dig into the operational reasoning Target offered (spoiler: it involves tariffs and cost volatility), and why that explanation doesn't fully add up. We explore the real cost of price tag labor, the friction this creates for shoppers, and whether removing visible pricing is actually a slippery slope toward full dynamic pricing in brick-and-mortar retail. We also draw parallels to the world of B2B and software pricing, from "contact sales" enterprise deals to distributors who hide their list prices from the open market, and ask the bigger question: when you hide your price, what signal does that send to your customer? Key topics covered: Target and Walmart's removal of price points from clothing tags Price transparency and the customer shopping journey Dynamic pricing in retail: is this where we're headed? The hidden cost of creating friction at the shelf B2B pricing opacity: commodity markets vs. value-added products Digital price tags and what the future of in-store pricing could look like Whether you're in retail, B2B, or SaaS, the core lesson is the same: before you hide your price, make sure you've weighed the operational savings against what it costs you in customer trust and lost sales. #PricingStrategy #RetailPricing #DynamicPricing #PriceTransparency #Target #Retail #B2BPricing #SaaS #ThePricingGuys #Podcast #Ecommerce #PricingPodcast More pricing insights can be found here - https://revenueml.com/insights

    11 min

About

Join pricing experts Avy Punwasee and Michael Stanisz as they break down the latest pricing trends, industry insights, and strategies to maximize profitability. From in-depth analyses to real-world applications, this podcast is your go-to resource for mastering the art and science of pricing.