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Does your website comply with price transparency rules? | Legal Futures

Does your website comply with price transparency rules? | Legal Futures

For many law firms, new rules on price transparency came into force on December 6th, 2018. With a widespread public shift in behaviour over recent years towards comparing providers online, the new rules make it even easier for consumers to make the best decision. Your firm should now be asking itself if your your website […]

TV Drug Ads Will Soon Include Prices: Will It Help Consumers? | HealthLine

TV Drug Ads Will Soon Include Prices: Will It Help Consumers? | HealthLine

Prices coming to television The whole purpose of direct-to-consumer (DTC) advertising is to get patients to go to their doctors and inquire about a brand-name drug, which is why most ads’ “action item” is telling you to “talk to your doctor.” DTC is also a practice that’s banned in every country except for the United […]

Letter: Allow drug price negotiations | The Columbian

Letter: Allow drug price negotiations | The Columbian

Current laws have tied the hands of our state medical programs by denying them the right to negotiate medication prices with pharmaceutical manufacturers. We tell them that they will have to take what they can get and deal with the price gouging. So in turn, the state programs have to constantly judge which brand is […]

Commentary: Make drugmakers justify their price increases | HeraldNet

Commentary: Make drugmakers justify their price increases | HeraldNet

At a time when we at Kaiser Permanente are working hard to find efficiencies that bring down costs, our pharmaceutical costs keep going up. In the last two years, prescription drug prices for Kaiser Permanente in Washington have increased by $70 million. The situation is even worse for specialty drugs. These higher-cost, hard-to-manufacture, or hard-to-handle/administer […]

Stop Lowering Your Prices and Start Increasing Value | Fstoppers

Stop Lowering Your Prices and Start Increasing Value | Fstoppers

Pricing was the area of professional photography I struggled with the most in the early years. However, it was far too recently that I realized I had a fundamental error in my approach to pricing and value. I’ve always been completely open about my naivety towards business when I first jumped in to full-time photography. I […]

This Week in Pricing > 2/16/19

This Week in Pricing > 2/16/19

TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, […]

The decoy effect: how you are influenced to choose without really knowing it | The Conversation

The decoy effect: how you are influenced to choose without really knowing it | The Conversation

Price is the most delicate element of the marketing mix, and much thought goes into setting prices to nudge us towards spending more. There’s one particularly cunning type of pricing strategy that marketers use to get you to switch your choice from one option to a more expensive or profitable one. It’s called the decoy […]

Study Reveals Issues with Online Pricing Strategies | ShopSafe

Study Reveals Issues with Online Pricing Strategies | ShopSafe

Research conducted by academics in Bologna has revealed that while safe shopping online can often be the best way for consumers to hunt for a bargain, the rise of AI-controlled pricing systems might make this harder to achieve in the future. Experts warn that algorithms used to balance prices automatically across a number of major […]

Pricing News Daily > 2/15/19

Pricing News Daily > 2/15/19

PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, […]

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Potential price-setting power of institutional landlords flagged | Irish Times

Potential price-setting power of institutional landlords flagged | Irish Times

The influx of large private landlords into Ireland has raised the risk of investors developing “monopolistic or oligopolistic pricing power” in rent-setting, especially in densely populated city centres, according to a newly published report. The report, compiled by the economics division of the Department of Finance it says institutional landlords, who own in some instances […]