Recent News and Blogs

Conference: International Pricing Forum – IPF Paris 2018 | French Pricing Club

Conference: International Pricing Forum – IPF Paris 2018 | French Pricing Club

DATE: June 13-14, 2018 DURATION: 2 full days, with a gala dinner on June 13 LOCATION: Cercle National des Armées in Paris, France OVERVIEW  The IPF is the number one international pricing event in France, organized by pricing professionals (the French Pricing Club) for pricing professionals. Too many pricing conferences are frustrating when presentations focus on general statements […]

Why using customer wealth data is a tricky business | EyeforTravel

Why using customer wealth data is a tricky business | EyeforTravel

A recent Travel Weekly article suggested that travel suppliers could productively use customers’ personal wealth data to ‘price dynamically’. Most readers assumed the worst: travel suppliers could use individual financial information to exploit less price sensitive customers by extracting higher prices from wealthy customers. ‘Deals’ would only apply to customers who might not be able […]

Gas hits $5 a gallon in New York City – Story | WNYW

Gas hits $5 a gallon in New York City – Story | WNYW

Regular gas has hit $5 a gallon at at least one station.  A Mobil station on 11th Ave. in Hell’s Kitchen has raised its prices to $4.999 a gallon.  That’s well above the current average for the five boroughs.  AAA says the average in New York City is $3.18 a gallon. Across the river in New […]

Trump’s Drug Blueprint Could Alter PBM Contracting | SHRM

Trump’s Drug Blueprint Could Alter PBM Contracting | SHRM

With much fanfare, President Donald Trump’s administration recently released a 44-page blueprint for executive action on drug pricing titled American Patients First. The blueprint proposes steps to end drug manufacturers’ “gaming” of the regulatory process and to create incentives for pharmaceutical companies to lower list prices. The proposals regarding pharmacy benefit manager (PBM) firms, in […]

Taylor Swift is doing more to stop scalpers than Ontario’s new ticket act: experts | The Globe and Mail

Taylor Swift is doing more to stop scalpers than Ontario’s new ticket act: experts | The Globe and Mail

Pressure for lawmakers to respond took shape, though enforcement solutions weren’t obvious. Some provinces and U.S. states have scalper bans in effect and they haven’t necessarily prevented tickets from being resold at significantly higher prices. That’s why Swift’s more aggressive swing at scalpers has a far better chance of making a dent in the black […]

Pass pharma discounts onto patients, not ‘highly-paid middlemen’, says expert | thepharmaletter

Pass pharma discounts onto patients, not ‘highly-paid middlemen’, says expert | thepharmaletter

Dr Matthews said: “Price transparency in health care, and especially pharmaceuticals, has become a major policy debate. “But price transparency is a problem in the whole health care system. Try calling a hospital to get a quote for the cost of an appendectomy. At least with prescription drugs, a patient can obtain and compare prices […]

‘Decent Probability’ Bitcoin Price Goes to Zero: Vanguard Economist | CCN

‘Decent Probability’ Bitcoin Price Goes to Zero: Vanguard Economist | CCN

An economist at one of the world’s largest asset managers believes there is a “decent probability” that the bitcoin price will eventually crash to zero. Joe Davis, the chief economist for $5.1 trillion asset manager Vanguard, wrote in an ETF.com op-ed that although the firm is enthusiastic about blockchain technology in general, it does not […]

Airlines will collapse because of rising oil prices, Ryanair CEO says | Business Insider

Airlines will collapse because of rising oil prices, Ryanair CEO says | Business Insider

“Some of those loss-making airlines who couldn’t make money when oil was at $40 a barrel certainly can’t survive this winter with oil at $80 a barrel.” O’Leary did not specify any particular airlines he thinks are at risk. Oil passed above the $80 per barrel mark last week, as a continuing squeeze by the […]

Chandigarh: Shatabdi ticket prices surge by 50% due to airport closure | Hindustan Times

Chandigarh: Shatabdi ticket prices surge by 50% due to airport closure | Hindustan Times

With Chandigarh International Airport closed for runway expansion and rush of people heading out on summer vacation, travelling to Delhi on Shatabdi has been pinching pockets for the past nine days. Against the normal one-way fare of Rs 600, people are shelling out up to Rs 915 for the chair car ticket in the express […]

Study Shows Customer Preference for Direct Delivery from Restaurants | Food On Demand

Study Shows Customer Preference for Direct Delivery from Restaurants | Food On Demand

Customers report they would order from their favorite restaurants one extra time per month if delivery was offered, and more than 70 percent of QSR and fast-casual customers said they would choose a restaurant more often if delivery were offered. The importance of delivery doesn’t apply only to millennials. Of customers 35-44, around 78 percent […]