Tag: Customer Segmentation

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing |  The National Law Review

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing | The National Law Review

On 8 October 2018, the UK Competition and Markets Authority (“CMA”) published a Working Paper on the ‘use of pricing algorithms to facilitate collusion and personalized pricing’ (the “Paper”). It follows a number of other initiatives from competition authorities regarding algorithms, including the recent German Monopolies Commission’s proposals regarding pricing algorithms, which was the subject […]

Apple Stock Is Tumbling as Analysts Fret About Emerging Markets and Less Transparency – Barron’s

Apple Stock Is Tumbling as Analysts Fret About Emerging Markets and Less Transparency – Barron’s

Wall Street is getting more concerned economic weakness in emerging-market countries will hurt Apple (AAPL). On Thursday, Apple posted fiscal fourth-quarter earnings per share of $2.91 on revenue of $62.9 billion, topping consensus estimates for EPS of $2.78 on revenue of $61.46 billion, according to FactSet. But the midpoint of the company’s guidance for the […]

Apple Just Changed Its iPad Pro Strategy | The Motley Fool

Apple Just Changed Its iPad Pro Strategy | The Motley Fool

What’s interesting is that when Apple released its second-generation iPad Pro tablets back in June of 2017, it simply discontinued the prior-generation models instead of keeping them around at potentially lower price points. With this product launch, Apple did something different. Instead of dropping the older iPad Pro models altogether and offering the new ones at […]

Flight Ticket Prices: CCI Probing Alleged Fixing Of Airfares Using Algorithm By Airlines | Bloomberg

Flight Ticket Prices: CCI Probing Alleged Fixing Of Airfares Using Algorithm By Airlines | Bloomberg

The Competition Commission of India is looking at algorithms used by airlines to determine fares, as part of a detailed probe into alleged fixing of air ticket prices, the regulatory body’s chief Sudhir Mital said. Currently, the fair trade regulator is investigating allegations of similar pricing as well as simultaneous increase in ticket prices by […]

Apple goes all in on higher prices | CNN

Apple goes all in on higher prices | CNN

The sticker shock has already worn off, and Apple has gone on to hike up the prices of most of its product line. Last month, it raised the prices of its entire iPhone line, and this week it did the same with even more products. The smaller iPad Pro now starts at $150 more than […]

Pricer’s Points: To Capture Your Value, You Must Communicate Your Value | Tim Williams

Pricer’s Points: To Capture Your Value, You Must Communicate Your Value | Tim Williams

The work and solutions provided by your firm have likely created millions of dollars of value for your clients. How much of that value have you captured? When we leave money on the table, it’s not just because we have under-priced the work. It’s also because we have under-communicated our value. Worse still, we have […]

Uber Tests Membership Program Ride Pass | PYMNTS.com

Uber Tests Membership Program Ride Pass | PYMNTS.com

Aiming to provide customers with more consistent pricing, Uber announced Tuesday (October 30) a pilot of a new membership program dubbed Ride Pass. In a blog post, the ride-hailing startup said Ride Pass is a new way for riders to lock in a consistent, low price on any ride they take anywhere in the city […]

H&R Block announces upfront, transparent prices for all tax prep | NASDAQ

H&R Block announces upfront, transparent prices for all tax prep | NASDAQ

KANSAS CITY, Mo., Oct. 29, 2018 (GLOBE NEWSWIRE) — H&R Block (NYSE:HRB) will offer upfront, transparent prices starting in January for in person and online tax preparation. This represents an important shift in the tax industry, and a significant improvement in the experience for consumers. H&R Block clients can know the price before tax preparation […]

Can Cognitive Biases be Used to Fix Prices? | Entrepreneur India

Can Cognitive Biases be Used to Fix Prices? | Entrepreneur India

How should we price our product? Should we start low, deliver value and then demand a higher price? Or should we start high? Price-Quality Heuristic Most people are aware of price-quality heuristic, maybe not by that name. Heuristics, simply put, are the mental shortcuts that people employ to make quick judgements. Price-quality heuristic is the […]

The NBA is selling lower-priced versions of League Pass | Digiday

The NBA is selling lower-priced versions of League Pass | Digiday

The NBA is diversifying its subscription product, NBA League Pass, to offer more lower-cost pricing options outside its core $200 package. This season, the NBA started selling access to a full game for $6.99, through the NBA’s app, League Pass and B/R Live, a streaming service operated by Bleacher Report. Starting later this year, it […]