Tag: Behavioral Psychology

Will you be able to afford UberAir’s flying car service? | Roadshow

Will you be able to afford UberAir’s flying car service? | Roadshow

Automation and scaling From there, Uber plans to continue to optimize. Much like how the introduction of UberPool allows commuters to dramatically reduce the price of a ride, Uber hopes to add ride-hailing optimization and smart trip planning to UberAir. Pooling riders, planning first- and last-mile trips to and from its skyport hubs with ground […]

Is it OK to Publish Pricing on My Website? | Business 2 Community

Is it OK to Publish Pricing on My Website? | Business 2 Community

Many B2B and B2C businesses face the same question: What will bring more sales, disclosing our prices or having prospects contact us? The answer to this question varies. As consumers, we live in a world of instant gratification. We are accustomed to finding the information we need right away. We rarely send emails. Instead, we […]

Launch of bitcoin futures dragged down prices, Fed paper shows

Launch of bitcoin futures dragged down prices, Fed paper shows

Until futures existed it was extremely difficult, if not impossible, to bet on the decline of bitcoin prices, the researchers said. As optimistic investors continued to bid up, the cryptocurrency rose more than 1,300 percent in 2017. The pessimists meanwhile, had no financial way to back a belief that the bitcoin price would collapse. “So […]

Grab challenger ditches booking, surge fees | ABS-CBN News

Grab challenger ditches booking, surge fees | ABS-CBN News

MANILA – A new ride-hailing company for taxis, MiCab, will not have booking fees, price surges, or trip cancellations, its co-founder said Monday. … “Basically, what we’re trying to do is offer a solution with sustainability in mind that’s why we’re focused on advertising, not putting anything as booking fee or surge pricing. In whatever […]

New study on air fares reveals that airport charges don’t determine ticket prices | Airport World Magazine

New study on air fares reveals that airport charges don’t determine ticket prices | Airport World Magazine

Competition on routes holds the key ACI Europe president and CEO of Munich Airport, Dr Michael Kerkloh, commented: “The study spells it out very clearly that the underlying demand and the level of competition between airlines on any given air route are the key determinants of air fares. “This means that airlines will always aim […]

Should I Post Pricing on My Website? | Business.com

Should I Post Pricing on My Website? | Business.com

It could hinge on brand identity Whether you post pricing or not could also be a matter of brand identity. Have you ever gone to a very high-end products website? Even if much of their industry posts their pricing, brands that want to cultivate prestige and build a brand on high quality regardless of price […]

GoPro sells more cameras on ad push, driving revenue beat | CNBC

GoPro sells more cameras on ad push, driving revenue beat | CNBC

“Our recent increase in marketing is beginning to have a positive impact on sell-through,” Chief Executive Officer and Chairman Nicholas Woodman said on the call. The company kept a tight leash on costs even as it pushed harder on advertising. Total operating expenses fell nearly 24 percent to $119.7 million. GoPro had said in January […]

Will Amazon lose customers by raising Prime prices? Netflix and McDonald’s may hold the answer. | The Washington Post

Will Amazon lose customers by raising Prime prices? Netflix and McDonald’s may hold the answer. | The Washington Post

Hard-wired into the DNA of companies of all kinds is a fear of losing customers with even the slightest uptick in prices. Netflix watchers and McDonald’s eaters appeared undeterred by the rise in subscription and menu costs over the past seven months, with both companies reporting strong sales growth in the first quarter. That might be good news for Amazon.com, […]

SEC Steers Pilot on Equity Trading Fees and Rebates Amid Headwinds | Traders News

SEC Steers Pilot on Equity Trading Fees and Rebates Amid Headwinds | Traders News

The transaction-fee pilot was announced in March to address criticism over the maker-taker system of rebates, which reward brokers that route client orders to the exchanges with the highest rebates. The practice has been controversial as some say it distorts the order routing behavior of brokers. Buy-side firms and other critics maintain that the rebates […]

Your McDonald’s Experience Is About to Change | The Motley Fool

Your McDonald’s Experience Is About to Change | The Motley Fool

What else is McDonald’s doing? The company has also made some changes to its menu. This includes cooked-to-order Quarter Pounder hamburgers made with fresh beef. It has also revamped its menu, which CFO Kevin Ozan credited for part of the chain’s 2.9% increase in U.S. comparable-store sales in the quarter. “Sales were fueled by higher […]