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Planning A Street Party? Profitero's Supermarket Price Check



The Queen's Diamond Jubilee will take place from June 2-5. With so many street parties planned for the celebrations, British supermarkets are hoping for a bumper spend over the holiday.


The Queen's Diamond Jubilee will bring out the party spirit this week. With street parties taking place right across Britain over the four days of celebrations, communities are preparing by stocking up on bunting, sourcing tables and making lists of what food and drink to purchase in their local supermarkets for their street party.


The original street parties were held in times of austerity; the food was simple and consisted of what was available. For the Queen's coronation in 1953, households were given an extra pound of sugar and 4 oz of margarine for the celebrations!


Modern-day street parties celebrate the traditional British food and drink as well as the presence of a barbecue in many cases. While some are planning to have the old-style offering of SPAM chopped pork and ham - along with the aptly-named Coronation Chicken - on the menu this weekend, leading supermarkets are all running competitively priced deals on more modern food offerings ahead of the street gatherings of friends, neighbours and workmates.


Approximately £823 million is expected to be spent in British supermarkets over the weekend. The leading grocery chains are reporting record sales ahead of the celebrations.


Profitero Private Label Price Check

Pork and Pickle Pies

Ocado (150g): £1.45
Sainsbury's: (300g): £1.93
Tesco: (150g): £1.30


See below:

Profitero.com online price check for pork pies


Sausage Rolls

Ocado (210g): £1.29
Sainsbury's (396g): £1.60
Tesco (180g): £1.25


See below:





Fresh strawberries (organic)

Ocado (225g): £2.99
Sainsbury's (300g): £2.50
Tesco (400g): £2.49


See below:



Clotted cream rice pudding

Ocado (2 x150g): £1.89
Sainsbury's (2x125g): £1.60
Tesco (2x190g): £1.70


See below:



Bavaria Non-Alcoholic Beer


Ocado (6x330ml): £2.84
Sainsbury's (6x330ml): £3.99


See below:





About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
Friday, 1 June 2012 @ 4:01 PM Posted by Angela - Profitero
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Julibee Parties Boost Supermarket Sales


Approximately £823 million is expected to be spent in British supermarkets over the upcoming Diamond Jubilee weekend. British supermarkets are reporting record sales ahead of the celebrations.

The activity is "the biggest week we have had since the Millennium" in terms of party sales, said Tesco party range buyer Matt Compton. Demand was "far exceeding" sales for last year's royal wedding even before the weekend had arrived, he explained. "Anything with a Union Jack on it is selling like hot cakes." 

The retailer reports a 300 per cent rise in sales of disposable tableware range when compared to a regular week. Nearly 30,000 Union Jack cushions were sold in the last two weeks alone. 

Tesco has already sold 93,000 paper crowns and tiaras, 400,000 Jubilee mugs and 1,500 miles of bunting. It is estimated that the supermarket will sell 2.86 million flags over the weekend.

The retailer estimates that 25 million units of beer, 1.6 million sausage rolls and two million punnets of strawberries will be sold from its stores and online for the celebrations.

While record sales of flags and bunting were seen last year, current indications show that the Queen's Diamond Jubilee is set to "far outstrip" last year's demand, said Sainsbury's general merchandise director Robbie Feather. 

The supermarket chain reported sales of 364 miles of bunting and 146,000 flags; sales of Union Jack cake stands were up 2,783 per cent and Union Jack teacups and saucers up 5,588 per cent week on week. 

Sainsbury's also expects to sell four million loaves of bread, one million jars of jam, nearly 10 million servings of strawberries, 20 million cans or bottles of beer, 295,000 bottles of champagne and 180,000 bags of charcoal over the celebratory weekend!

Meanwhile, Waitrose said sales of cider are up 70 per cent on last year's Royal wedding; sales of Pimms are up by more than 260 per cent. The grocer reports that sales of trifle is up 28 per cent and paperware has risen by 182 per cent at the upmarket supermarket.

Walmart-owned Asda has estimated a 75 per cent increase in sales of Pimms; the retailer has stocked up on a 2.8 million Victoria sponges ahead of the weekend rush.

All of the supermarkets are watching their competitors' pricing closely to ensure they have the competitor advantage over all others to entice more shoppers to order their goods in stores and online this weekend.  

© Profitero 2012

Profitero.com online competitor price monitoring service for retailers and manufacturers

About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
@ 12:02 PM Posted by Angela - Profitero
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How British Retail Has Changed In Queen's 60-Year Reign




Britain's streets and homes are decked out with Jubilee bunting in preparation for this weekend's celebrations to celebrate the Queen’s Diamond Jubilee. The retail industry has gone through incredible change over the sixty years of her reign. 


The Queen came to the throne on February 6, 1952 and her coronation took place on June, 2 1953. In this, her Jubilee year, much has been written and spoken about industry changes over her lengthy reign. 


In the Queen's sixty years of power, the retail industry has changed dramatically - technological advances means that bar coding, self-scanning, online shopping and smartphone apps are now everyday features of the retail landscape. 


When Queen Elizabeth II took up her reign in 1952, price was a very important element in a shopper's  decision as to where to shop. Issues such as health, nutrition, food safety and the environment would all gain importance in later years. In the 50s, retailers would manually check prices in competitors’ stores and undercutting their prices by a penny or even a half penny, and that was sufficient to ensure the price element gave us an advantage. The smarter ones would advertise their competitors' prices in comparison to their own - making sure they were always the cheapest!


Fast forward 60 years - the development of the Internet means that retailers can now check their prices against the competition online. Competitors' prices are also much easier to monitor, thanks to competitor price monitoring services such as Profitero. 

Competitor price monitoring technology has empowered pricing managers; they can receive instant email updates when a competitor changes the price of a product - up or down - and benchmark their prices against the competitor with ease. They can also find out when the competition is out of stock on a product; this allows them to increase their prices, remain competitive and grow their profit margins. 


Pricing managers say the pricing technology frees up their day to concentrate on marketing campaigns and sourcing new lines for their webstores and traditional bricks-and-mortar stores. 

© Profitero 2012

Profitero.com online competitor price monitoring service for retailers and manufacturers
About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
Thursday, 31 May 2012 @ 11:10 AM Posted by Angela - Profitero
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Tesco.com Launches New Delivery Saver Scheme


Tesco has launched a new delivery service, which it says will save customers on their online grocery shopping bills.


Tesco's new Delivery Saver plan is most suited to regular shoppers e.g. families. With the new scheme, Tesco customers pay in advance for three or six months for delivery. Shoppers can save on their delivery charges instead of having to paying for each grocery shop delivery.


A three-month plan costs £36 while a six-month plan costs £60. Customers must spend a minimum of £40 per order to avail of the deal. A maximum of one delivery per day is allowed on this offer.


The current standard online grocery order comes with a £3-£6 per grocery store; the actual cost depends on the delivery slot chosen by the customer - e.g. charges for deliveries in the evenings and weekends are usually higher.


Customers can choose from all "available delivery slots" with  your shopping arriving at the most convenient time, said Ken Towle, Internet Retailer Director at Tesco. The retailer had  listened to what customers had told them they wanted, and "Delivery Saver is the result”, he explained. “Best of all, if you get regular home deliveries it will quickly pay for itself.”


Online grocery shopping is becoming more popular by the day with shoppers using price comparison websites to find the best deals for their groceries. The UK market is estimated to reach £11 billion by 2016, according to research group IGD. 


© Profitero 2012


Profitero.com online competitor price monitoring service
About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
Wednesday, 30 May 2012 @ 10:00 AM Posted by Angela - Profitero
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UK Online Grocery Sales To Reach £11 Billion In Four Years

Britain’s online grocery market will reach £11 billion by 2016, according to research group IGD.  

In 2011, the UK grocery retail business was estimated to be worth £156.8 billion to the economy, according to research company IGD. Of this, online grocery activity was valued at £5.9 billion. The value of Britain's online grocery market is expected to reach £11 billion by 2016, says IGD. 

Grocery retailers hoping to benefit from the thriving Internet sales activity are investing in their online operations with new developments, such as ‘click and collect’, stores specifically to cater for online orders and smart phone apps. Pricing managers are using online competitor price monitoring technology to help them to benchmark their prices against the competition with ease.
Online worth £5.9bn - UK store numbers chart, Source: IGD Research, 2011

One in four food and grocery manufacturers is considering creating its own web store, stated IGD’s Online Grocery Retailing – Building Capability For A Digital Future report. The research revealed that 43 per cent of manufacturers anticipated that more than 10 per cent of their total revenue would come from Internet sales by 2015.  

Meanwhile, half of FMCG  brands put “visibility of online shopping behaviour” as the most challenging aspect of their relationship with the retailers when trading online, according to 
IGD’s Online Grocery Retailing Outlook Survey (Sept 2011).


Online grocery retailing is already growing at a phenomenal rate and there is still plenty of potential for significant expansion, said 
Joanne Denney-Finch, CEO of IGD. Although online still has a small share of the overall grocery market, it will be the "fastest-growing channel", she explained, adding that the strong growth predicted for this grocery channel presents an "opportunity for companies of all sizes and types" to meet the needs of today’s multichannel shopper.

© Profitero 2012

Profitero.com online competitor price monitoring for retailers and manufacturers

About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.

Tuesday, 29 May 2012 @ 12:02 PM Posted by Angela - Profitero
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Amazon And Waterstones: Now Singing From The Same Hymnbook?


Book retailer Waterstones has announced plans to offer Kindle e-readers and Kindle e-books to its customers as part of a new partnership with Internet giant Amazon.

James Daunt, CEO of high street book chain Waterstones, has signed a deal with Amazon to start selling the digital retailer's  Kindle and Kindle's e-books in its stores. The move has horrified publishers, authors, agents and independent bookshops.


A respected book seller, Daunt had previously set up a chain of independent stores in upmarket areas of London. When he was hired by Waterstones' new owner, Alexander Mamut, in 2011, he referred to Amazon as the "ruthless devil".  The new partnership was akin to the Trojans knowing the wooden horse was full of Greeks and towing it into Troy anyway, said one commentator.


However, Daunt says he is not a "total moran" for agreeing to the deal. It's possible that he had a "coup de foudre and fell in love with Amazon" and decided to sell these things for zip, he explained. "I am a retailer, for goodness sake, and a very customer-focused retailer."


Waterstones will "make a cut" on every Kindle that the book chain sells and every e-book that is downloaded over the Wi-Fi in all stores, said Daunt. With it being estimated that over 50 per cent of those walking through the doors of some stores own a Kindle, the retailer hopes to grow sales in an area of the book industry that is outperforming all others right now. However, the plans to have Wi-Fi installed in all stores will enable shoppers to browse for better prices on price comparison websites.

The deal will also help the book retailer to negotiate with publishers and agents on bundling e-books together with hardbacks. It is understood that Amazon will help pay for digital sections of Waterstones' stores; this includes display tables for 
the e-readers.

Sales are understood to have fallen by at least 5 per cent in the year that the new CEO has been at Waterstones.

© Profitero 2012

Profitero.com online competitor price monitoring for retailers and manufacturers

About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
Monday, 28 May 2012 @ 12:25 PM Posted by Angela - Profitero
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Amazon To Create 100-Plus Technology Jobs In Dublin



Online retailing giant Amazon has announced that it is to create 100 jobs at its development centre in Dublin, Ireland.


Amazon's development site in Dublin is home to a team of engineers and developers supporting the design and deployment of Amazon websites. The site also hosts an Amazon Web Services (AWS) developer support team; the team provides technical assistance for customers using applications like Amazon Simple Storage Service (Amazon S3), Amazon Elastic Compute Cloud (Amazon EC2), Amazon Relational Database Service (Amazon RDS), Amazon DynamoDB, and Amazon CloudFront.

With simplified browsing, speedy checkout operations and flexible delivery options having all contributed to the growing acceptance of online shopping, more and more sellers are now offering their goods for sale on Amazon.com. Internet shoppers are also using the Internet to carry out price comparisons and read product reviews before making a final decision on their online purchase.


"Dublin has proven to be an excellent location for finding the top talent we need to support our continued growth and we are delighted to be expanding here," said Paul Conlon, managing director of the Amazon development centre in Dublin.
 
“Central to the Government’s plans for jobs and growth is ensuring that we deepen and develop the impact of multinational companies here, and we are determined to convince more companies to locate more high-end activities here and create more jobs," said the Irish Minister for Jobs, Enterprise and Innovation Richard Bruton. “Today’s announcement that Amazon is creating over 100 high-end engineering and software development jobs at its development centre is great news," he said, adding that the expansion related to the "high-end development" of Amazon's web platform and cloud computing business.


Amazon set up its development centre in Ireland in 2005. The decision to expand the centre represents a "key endorsement" by one of the world’s leading companies, said Barry O’Leary, CEO of IDA Ireland, the state agency responsible for attracting foreign direct investment in Ireland.  The news further adds to Ireland’s reputation as "the online capital of Europe" and a key "strategic hub" for next-generation data services, he concluded. 

© Profitero 2012


Profitero.com online competitor price monitoring for retailers and manufacturers
About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
@ 11:32 AM Posted by Angela - Profitero
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Amazon, ASOS and Ocado Scoop Trophies At Paypal Etail Awards 2012



Leading online retailers such as Amazon, ASOS and Ocado (pictured) were just some of the key players recognised at the PayPal etail awards at the Grange Hotel, St Paul's in London on May 24.


The Drapers and Retail Week PayPal etail awards recognise excellence in the area of online across the retail spectrum, from start-up online businesses to established etailers.


Caroline Nodder, editor-in-chief at Drapers, and George MacDonald, deputy editor of Retail Week, announced the winners of each category to the assembled audience. "The diversity of our audience is testament to the fact that eCommerce is now absolutely critical to so many businesses in the sector and is an area of retail that is thriving and growing exponentially even where other areas have struggled," commented Caroline Nodder.


Online retailing is an exciting sector right now, and the awards were an opportunity to reward the businesses at the centre of that growth.  Congratulations to all finalists and winners from Profitero.


Paypal Etail Award Winners 2012

Amplience Best Re-design /Re-launch
Winner: House of Fraser

Best Use of Marketing
Winner: BrandAlley UK, The Possibilities Are Endless

Best Use of Social Media
Winner: ASOS Summer Sale

Success Appointments Best Use of mCommerce
Winner: Ocado, Ocado on the Go 

Best App
Winner: ASOS 
Highly Recommended: Harrods

Paypal Best Customer Experience
Winner: Childrensalon

Torque Best Use of Innovation:
Winner: Shutl /Auro Fashions
Highly Recommended: House of Frasier

Best Independent Retail - Sponsored by Drapers Jobs
Winner: Chain Reaction Cycles 
Highly Recommended: Childrensalon

Clipper Best Multichannel Retailer
Winner: John Lewis 
Highly Recommended: House of Frasier


Best Pure-Play eTailer - Small 
Winner: A Suit That Fits

Best Pure-Play eTailer - Large - Sponsored by Retail Week Jobs
Winner: Ocado
Highy Recommended: Not on the High Street

Zmags International Commerce Award
Winner: Wiggle
Highly Recommended: farfetch

Consumer Choice Award - Research Partner - ICM Research 
Winner: Amazon 

Paypal Overall Winner for Excellence
Winner: Childrensalon


Profitero.com online competitor price monitoring for retailers and manufacturers

About Profitero
Pricing intelligence company Profitero works with retailers and manufacturers to help them to grow sales and profit margins with the Profitero competitor price monitoring technology. We monitor competitor prices for 28 million products across more than 3,000 retail websites on your behalf. Click here to view a short video demo on Profitero's competitor price comparison service. For more information on how we can help you to monitor competitors in order to increase your bottom line with our pricing intelligence system, visit our website www.profitero.com or email sales@profitero.com to request a free demo.
Friday, 25 May 2012 @ 3:02 PM Posted by Angela - Profitero
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