Tag: Behavioral Psychology

Rombauer Vineyards shows how luxury wine can raise prices in discount world | North Bay Business Journal

Rombauer Vineyards shows how luxury wine can raise prices in discount world | North Bay Business Journal

“We weren’t focused on the next new fad on developing styles,” he said. “We were focused on varietal purity, making the purest expressions of any variety we were involved with and polishing them every year. That focus helped us become known as a very reliable, committed, serious provider of wines at a favorable price for […]

SaaS Pricing Strategy: Who’s your Hero? Who’s your Decoy? | CMO-as-a-Service

SaaS Pricing Strategy: Who’s your Hero? Who’s your Decoy? | CMO-as-a-Service

Pricing a SaaS Service is not very different from anything other Software Pricing Strategy. While you want to keep renewal friction at a minimum, all other “rules” of pricing psychology still apply. While most companies out there have intuitively embraced the ‘rule of 3’, I often encounter teams who don’t really know where this rule […]

Our 3 Top Tips for Smart Pricing | Crossover Technologies

Our 3 Top Tips for Smart Pricing | Crossover Technologies

Here at Crossover, we’ll harp on about sales reports and stock management until we fall off the back of the green. But, whilst these factors are essential to running a successful retail business, a pricing strategy is just as important, and unfortunately, is often overlooked. Pricing will have a profound effect on the success your […]

SRA expands price publication plans to new practice areas | Law Society Gazette

SRA expands price publication plans to new practice areas | Law Society Gazette

The Solicitors Regulation Authority has widened the areas of law under which firms will be required to publish prices – and firms have six months in which to comply. The regulator said today it had made the decision after ‘engaging with’ more than 21,000 members of the public and the profession. Under the plans, firms […]

Pricing, Negotiating and Closing Like a Boss | the biz muses

Pricing, Negotiating and Closing Like a Boss | the biz muses

Language service providers come in all sorts of shapes and sizes ranging from the super professionally PRO with capital letters to the carefree creative types. They speak different languages. They have dissimilar interests. And they don’t always agree on the fundamentals of translation. But whether they know it or not, they have one thing in […]

Congestion pricing is the fair way to fix traffic | Mobility Lab

Congestion pricing is the fair way to fix traffic | Mobility Lab

Congestion pricing has become the topic du jour among transportation planners and decision-makers alike, but for the sake of this article, we’ll refer to it as mobility pricing. Mobility pricing can take many forms, whether it’s charging a fee for driving through downtown or a variable pricing structure that adjusts to peak demand. For major […]

Pricing Perogative: Most Companies Call Pricing a High Priority, But 85 Percent Say They Have Significant Room for Improvement | Bain & Company

Pricing Perogative: Most Companies Call Pricing a High Priority, But 85 Percent Say They Have Significant Room for Improvement | Bain & Company

Bain & Company conducted a global survey of sales leaders, vice presidents of pricing, CEOs, CMOs and other executives at over 1,700 companies, collecting their self-rating of 42 pricing capabilities and outcomes to understand which pricing capabilities matter most. The analysis showed that top performers are more likely to exceed their peers primarily in three […]

Bitcoin price in free fall as cryptocurrency plunges past seven-month low | The Independent

Bitcoin price in free fall as cryptocurrency plunges past seven-month low | The Independent

The price of bitcoin has hit a seven-month low, dropping by $400 over the last few hours to below $6,500. Bitcoin’s price crash follows a hack on a cryptocurrency exchange earlier this week that resulted in a mass sell-off and also coincides with new research that suggests the value of bitcoin was artificially inflated in 2017. The […]

Rising Property Prices, Gambling Restrictions Among Reasons Why Cryptocurrency Is Alluring to South Koreans | EconoTimes

Rising Property Prices, Gambling Restrictions Among Reasons Why Cryptocurrency Is Alluring to South Koreans | EconoTimes

A strict stance on gambling, the difficulty in investing in the stock exchange, the rising prices and interest rates of properties, and the alluring emergence of cryptocurrency. These are some of the leading reasons why digital cash rose like a phoenix in South Korea. … The fiery demand, along with the smothering regulatory framework placed […]

Price intelligently to stop food wastage | Khaleej Times

Price intelligently to stop food wastage | Khaleej Times

So, let’s see how. Empirical data proposes that 70 per cent of all food delivery or take-out orders are placed using mobile. This is because mobile telephones are the most preferred means for browsing the Internet. Statistics show that despite the increase in the number of mobile phone users globally, these devices are being used […]