SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: deceptive pricing

Outlets at Shanghai airports, Disneyland move to fair pricing | Easy Branches

Outlets at Shanghai airports, Disneyland move to fair pricing | Easy Branches

MORE than 60 chain stores and restaurants in Shanghai’s two airports and Disneyland on Wednesday vowed to keep prices on par with those in their other outlets in the city, following pressure from Shanghai’s price regulator. The Shanghai Development and Reform Commission said that it had received a great deal of consumer complaints that dining […]

Electricity pricing is confusing and that’s why they’re using it to mislead us | The Guardian

Electricity pricing is confusing and that’s why they’re using it to mislead us | The Guardian

The government has clearly decided that electricity prices is its key message for the next three years – and as a result the prime minister has ensured the policy debate will be biased towards climate change denial and will continue to treat Australians as idiots. When the prime minister let fly against Bill Shorten in […]

Apple piles on Qualcomm, files $1 billion lawsuit over chipset pricing and tactics | disruptive.asia

Apple piles on Qualcomm, files $1 billion lawsuit over chipset pricing and tactics | disruptive.asia

REUTERS – Apple filed a $1 billion lawsuit against supplier Qualcomm on Friday, days after the US government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics for modem chips that connect phones to […]

Amazon Fined $1 Million for Misleading Customers on Savings Claims | Inc.com

Amazon Fined $1 Million for Misleading Customers on Savings Claims | Inc.com

Here’s how the online retail giant’s strategy backfired: Amazon had been showing a comparison of its own prices with higher retail prices it claimed were being charged by its competitors. After observing Blu-ray prices on Amazon.com’s Canadian website for two years, the Competition Bureau concluded that competitors’ retail prices were often misquoted. In some instances, […]

Is the UK’s ad police going after dynamic pricing? | Tnooz

Is the UK’s ad police going after dynamic pricing? | Tnooz

The UK’s Advertising Standards Authority (ASA) has upheld complaints about “misleading prices” in adverts from Ryanair and lastminute.com, with the ruling on the latter potentially having implications for any OTA including dynamic real-time pricing in their digital marketing campaigns. The independent body received a complaint – just the one – from someone who saw an […]

5 unique money saving tips for 2017 | The Huffington Post

5 unique money saving tips for 2017 | The Huffington Post

2) Shop smarter on Amazon You may not know that Amazon has dynamic pricing that changes constantly. Prices just don’t change on a daily basis but as often as every fifteen minutes. While this doesn’t make much of a difference on low priced items, you should certainly be more cognizant on larger purchases. I recommend […]

Don’t fall for deceptive pricing practices | The Boston Globe

Don’t fall for deceptive pricing practices | The Boston Globe

Everyone knows that one store where there’s always a good deal to be had, a shop with frequent markdowns of 20, 40, even 60 percent. But the bargains might not be nearly as good as they appear. Constant deep discounts can be a sign of deceptive — and perhaps illegal — pricing strategies. In fact, […]

LA prosecutors sue giant retailers for deceptive pricing | Daily Mail Online

LA prosecutors sue giant retailers for deceptive pricing | Daily Mail Online

The suits allege the retailers illegally engaged in the business practice known as “false-reference pricing” to make customers believe they are “getting a good deal.” For example an item can be advertised as being on sale for 50 percent of the original price, even though the retailer never sold it at that original price. … […]

Swiss supermarket introduces personal pricing; the more you buy lesser discount you get | Retail Magazine

Swiss supermarket introduces personal pricing; the more you buy lesser discount you get | Retail Magazine

The idea is to encourage people who only occasionally buy something, whether it’s a bar of chocolate or mouthwash, to buy it regularly by giving them a discount on their next purchase. Market experts estimate that the system can earn a growth of revenue of around 8%. Dynamic prices are nothing new in supermarkets, which […]

Are you getting ripped off when you shop online? | Komando.com

Are you getting ripped off when you shop online? | Komando.com

A recent report by ProPublica shows that yes, this is indeed happening. It is a result of dynamic pricing, which can lead to unintentional price discrimination. Dynamic pricing is when online retailers adjust the cost of an item on the fly, as market demand changes. It’s controlled by algorithms that take into account such things as […]