Cargo, an in-car commerce company that helps ride-hailing drivers earn extra cash by selling stuff to passengers, is officially launching its Cargo Store mobile app today, giving riders the chance to earn cash back on a host of goods from an expanded marketplace. By way of a quick recap, Cargo has so far partnered with […]

Laurence Blau, 78, woke up Tuesday morning to a frustrating figure: $6,410. That’s the dollar amount that Tesla Inc. had lopped off the list price of a fully loaded performance edition of the Model 3 sedan the night before. Blau, who paid $68,400 for the car less than three weeks earlier, called it a “bitter […]

Cruising along Interstate 77, employing my Google-Fu and doing background research for a patent application (I’m a scientist! Who knew?!), I had an epiphany about how we can address at least some parts of our drug cost crisis. Admittedly this occurred while I was perusing Twitter (SQUIRREL!), but anyway there I was reading @ChrissyFarr’s latest […]

Tesla (TSLA – Get Report)  shares drifted lower in pre-market trading Tuesday after the clean-energy carmaker dropped the cheapest versions of its Model S sedan and Model X SUV from its product lineup and adjusted some of its prices in a bid to simplify its offerings of models and ranges of battery-powered vehicles. The automaker on […]

The cost of rent in London is pricing younger nurses and teachers out of the capital, according to a report on the UK housing market. This could lead to a lack of key public sector workers in the city as it puts them off living there, consultancy firm PwC’s analysis suggests. In the capital the […]

PND is a digest of pricing focused news, thought leadership, events, training and certification resources for pricing professionals. This Edition is brought to you by: Professional Pricing Society Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing Solutions […]

Laurence Blau, 78, woke up Tuesday morning to a frustrating figure: $6,410. That’s the dollar amount that Tesla Inc. had lopped off the list price of a fully loaded performance edition of the Model 3 sedan the night before. Blau, who paid $68,400 for the car less than three weeks earlier, called it a “bitter […]

The last thing Ticketmaster Canada needs right now is another black eye. Hit with $4.5M in fines and levies by Canada’s Competition Bureau last month for allegedly misleading pricing claims in online ticket sales, the company has agreed to a compliance program to ensure their advertising conforms with the law, and will implement new procedures […]

Airmail users awoke today to find out that the popular email app has switched to a subscription-based pricing model on the iPhone and iPad. Airmail for iOS is now free to download on the App Store, but push notifications and multi-account support have become premium features priced at $2.99 per month or $9.99 per year […]

Tesla updated its online design studio on Monday evening with several changes in pricing and options across its entire lineup. Some things become cheaper, others become more expensive, and several variants are going away. Over the last year, Tesla has been consistently adjusting its prices, especially in the US as its federal tax credit has […]

It seems that strategy is one of the most complex and nebulous subjects and developing a pricing strategy is no easier. To help, as with the rest of the articles in this “How to price” series, here are 5 actionable items to make your pricing strategy work. I’ve drawn on lessons from chess and quotes […]

In my experience nothing works well in pricing without getting governance right – I’ve seen smaller SMEs focus elsewhere and large enterprises assume their corporate governance will cover the specifics of pricing. If you want to be sure you’re not risking a lot or leaving money on the table by then please do read on. […]

I can’t think of any concepts more misunderstood than price, pricing, and discounting. An alarming number of businesses price poorly, losing out on profits as a result. We even teach falsehoods about price at the college level. Let’s discuss five myths about pricing, and its Mr. Hyde alter-ego, discounting. I usually start breathing fire on this topic, so […]

More or less one month ago I was at the airport, heading back to Barcelona after having spent some days in my hometown, Ferrara, a little city in Northern Italy. I was very thirsty so I headed to the first bar I saw and ended up spending an excruciatingly expensive price for my half a […]

How can pricing professionals provide value-added business reviews? Generate actionable analytics and insights Provide simulations and impact analysis Price review By combining the right sets of data and KPI, e.g. Price realization with sales data, you might just get a slightly different picture. Price realization provides indication of how well executed prices meet price targets. […]

ALBANY — Legislation that is making its way through the Capitol might make it a little less expensive to be a female in New York. The measure would address the documented discrepancy between the price of men’s and women’s beauty products, like razors and shampoo, by prohibiting businesses from charging different costs based on the […]

A longtime hospital CEO in New Jersey is calling for price transparency — even advocating for disclosure of negotiated prices between hospitals and insurers — as the industry pushes back against attempts by the Trump administration to force highly secretive rates out into the open. “The current healthcare market is a complex system of secret […]

Utpal Dholakia, George R. Brown Professor of Marketing at Rice University. What exactly is a price point and how does it affect consumer behavior? It turns out that price points are anomalies in the demand curve that occur due to entrenched consumer ideas of what the normal or usual price for a product should be. […]

Time for list price review. If you price by discounting from a list price, managing list price can have an impact in profit even bigger than managing the way you discount. Would you agree? Top Comments Amit Bhatia, Team Lead – APJ Product Pricing & Strategy, Hybrid IT at Hewlett Packard Enterprise Definitely yes but […]

Utpal Dholakia, George R. Brown Professor of Marketing at Rice University. One of the most fascinating pricing methods is Pay-What-You-Want pricing. Regardless of industry, I have yet to meet a manager who’s not intrigued by this model and doesn’t think for a moment, “Can I use this in some way in my business?” The restaurant industry […]