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How To Be A Price Leader Regardless of Size | Strategic Pricing Solutions

How To Be A Price Leader Regardless of Size | Strategic Pricing Solutions

A friend, also named Scott, recently sent me an article Leading the Way that discussed the frequency of small lubricant competitors leading the way in price changes.  The article, originally published in Lubes’n’Greases magazine demonstrated that independent producers increased prices of lubricants as frequently or more than the major producers.  The article reminded me you don’t have to be […]

Vaccine Makers Ranked on Pricing and Research | The New York Times

Vaccine Makers Ranked on Pricing and Research | The New York Times

The pharmaceutical companies GlaxoSmithKline and Sanofi sell many doses of vaccines at high prices and do a lot of research with the profits, while the Serum Institute of India makes more doses than any other manufacturer and sells them at low prices, according to the first Access to Vaccines Index, which was released last week. […]

Drugmaker shares slip as Trump tweets about pricing system | Reuters

Drugmaker shares slip as Trump tweets about pricing system | Reuters

Shares of U.S. pharmaceutical and biotechnology companies fell on Tuesday after President Donald Trump said he was working on a “new system” to reduce prices in the industry, without providing details of his plan. Trump’s comments came as he backed a Republican bill to repeal and replace the Affordable Care Act, known as Obamacare. “I […]

FCA should outright ban ludicrous practice of dual pricing | FTAdviser.com

FCA should outright ban ludicrous practice of dual pricing | FTAdviser.com

The issue arises from the dual-pricing mechanism used by most unit trusts, whereby the product will quote the price at which it will issue units and the price at which it will cancel them. The difference between the two is meant to capture any sales charge – less of an issue post-RDR – plus the […]

Surprise Oil Price Cut Shows Saudis Are Trying to Fend Off U.S. Sweet Crude | Bloomberg

Surprise Oil Price Cut Shows Saudis Are Trying to Fend Off U.S. Sweet Crude | Bloomberg

The Middle East producer cut the pricing for some of its April oil sales to Asia, surprising customers who were expecting an increase that was signaled by the structure of the market. That shows it’s trying to lure buyers toward its lighter and less sulfurous crude varieties at a time when similar-quality grades are rushing […]

When Does Pay What You Want Pricing Work? | Psychology Today

When Does Pay What You Want Pricing Work? | Psychology Today

I am sure that at one time or another, many marketers have considered using a Pay What You Want (PWYW) pricing scheme to sell their products. On the face of it, it seems such an alluring idea, predicated on human decency and reciprocity. PWYW pricing is simple. Provide a good-quality product to customers, let them […]

Freddo chocolate bar price increases to 30p causing ‘outrage’ online | BBC Newsbeat

Freddo chocolate bar price increases to 30p causing ‘outrage’ online | BBC Newsbeat

The price of the Cadbury’s Freddo has risen, causing “outrage” among fans of the small chocolate bar. People are reporting seeing packets of the 18g treat labelled at 30p, up from 25p earlier this year. That’s an increase of 5p and to some it might only be a few pennies but to others it’s a […]

SPOSEA Strengthens Enterprise Wide Price Data Management Capabilities with Acquisition of Darwinpricing | SPOSEA

SPOSEA Strengthens Enterprise Wide Price Data Management Capabilities with Acquisition of Darwinpricing | SPOSEA

SPOSEA, a privately held company and software innovator in the Price Optimization & Management for the SAP software market today announced the acquisition of Darwinpricing LLC, a leader in Dynamic Pricing Solution for Geo-Targeted Price Optimization. The popularity of shopping comparison platforms like Amazon and Google Shopping is increasing the pressure on e-Commerce companies to monitor the […]

In video, Uber CEO speaks openly about impact of competitors on pricing | TechCrunch

In video, Uber CEO speaks openly about impact of competitors on pricing | TechCrunch

You can check out the full clip below to see what transpires, and why Kalanick might have been caught off guard. Kalanick initiates the exchange by talking work with Kamel, noting to him that, “We’re reducing the number of Black cars over the next six months. You probably saw the email.” “I saw the email, starts […]

How to Implement Gender-Neutral Pricing in the Salon | Modern Salon

How to Implement Gender-Neutral Pricing in the Salon | Modern Salon

Recently, there has been buzz surrounding two salons in the Logan Square neighborhood of Chicago for their pricing system. Counter to the traditional method of charging clients for men’s or women’s cuts, Barbara & Barbara and Logan Parlor salons price based on hair length, with a mission of creating an inclusive environment for clients. “From a social […]