CNBC explainer on how airlines price tickets Bait and switch One of the oldest tactics in pricing practice, the bait and switch approach is very effective online. Online sellers can offer a wide range of prices across any category, to make it inviting to prospects to come in and browse. Once engaged, customers often find that the […]
The idea behind YourDrive is that you can rent out your car during downtime – be it while you’re at work or away for a few days. The startup has software that will suggest hourly and daily pricing based on make and model, but an owner can override it if they choose. Ellison says allowing […]
The MTA and the city’s Department of Transportation (DOT) are moving forward with preparations for implementing congestion pricing. For now, that means issuing a “Memorandum of Understanding” (MOU) on what the next steps are to get the program up and running. This is so both agencies are on the same page when it comes to […]
Dollar Tree’s one dollar promise may be going away as the U.S. tariff war with China continues to play out. The discount chain has been testing pricier products in its “Dollar Tree Plus” collection in an effort to increase sales. CultureBanx reported minority communities across the country may be shelling out more money as they […]
Walt Disney World is raising prices on some of its annual passes, according to reports. Disney fans and bloggers woke up Tuesday to find prices for most passes had gone up overnight, as much as $150 in some cases, according to Orlando NBC affiliate WESH2 and The Orlando Sentinel. The price increases come ahead of the Aug. 29 opening […]
A recent quote for a Tesla solar roof installation reveals the high cost of the technology. The cost of going green with Tesla, according to one customer quote, is $85,000. According to a customer quote obtained by Electrek, a Tesla Solar Roof could be far more expensive than many had previously expected. The company has […]
Bitcoin, which has been rallying hard over recent months, has hit a fresh year-to-date high, breaking the psychological $9,000 level for the second time this year and leaving investors eyeing the $10,000 mark. The bitcoin price reached highs of $9,387 per bitcoin on the Luxembourg-based Bitstamp exchange before falling back slightly, up almost 7% over […]
Surge pricing is a frustrating, but understandable, compromise that we have to deal with in order to have affordable rides at our beck and call everywhere we go. If the weather’s bad, a major concert or sporting event just let out, or it’s just an especially busy night, you might end up paying an extra […]
Elon Musk has been making some bold claims about his upcoming all electric Tesla pickup. Elon has stated that Tesla are aiming to keep their pickup, that is set for an unveiling later this year, at under $50,000. Elon stated that “We don’t want it to be really expensive. I think it has got to […]
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Verizon today launched sales of the $99.99 Verizon Smart Locator, a tiny device that can be kept with your keys, bag, or other possessions (or pets) that you never want to lose. Similar to the Samsung SmartThings Tracker that AT&T sells, Verizon’s new gadget uses a combination of Bluetooth, GPS, Wi-Fi-based positioning (WPS), and LTE […]
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: 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 […]
This Week in Pricing > 6/22/19
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: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
MTA And City Move Forward On Congestion Pricing | Gothamist
The MTA and the city’s Department of Transportation (DOT) are moving forward with preparations for implementing congestion pricing. For now, that means issuing a “Memorandum of Understanding” (MOU) on what the next steps are to get the program up and running. This is so both agencies are on the same page when it comes to […]
Harnessing Big Data For Better Pricing Results | Professional Pricing Society
Pricing strategies, like big data, can be key to improving profits in business. According to a study conducted by McKinsey & Company, even a 1 percent price increase can translate into an 8.7 percent boost in operating profits (assuming no loss of volume). However, companies continue to fail to price their products and services appropriately, […]
Alcohol sales in Scotland fall to all-time low in 2018 | HeraldScotland
ALCOHOL sales in Scotland fell to an all-time low in the year that minimum pricing came into force. The latest data, for 2018, reveals that adults in Scotland are now consuming less alcohol than they have since records began in 1994. Teenagers are also less likely than ever to have tried alcohol, with the percentage […]
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