The convenience of pickup/delivery is actually just one pain point of traditional shops which mobile internet technologies in 2014 were well-developed enough to improve efficiency and reduce cost. We studied a few sectors of household chores and found that laundry services had the highest frequency of usage, and decided to give it a try. KnocKnocK […]
Everyone hated surge pricing when Uber first added it to rides. Now surge is becoming ubiquitous among food delivery startups, too. Postmates has “blitz pricing” and Sprig, before it went out of business, charged more to deliver during busy times. Uber brought surge pricing to UberEats late last year and, in recent months, DoorDash has […]
Trucking hauling rates are volatile and ever-changing—and based on multiple influences. Some of these influences are controllable and others are not, with the majority fitting into the noncontrollable category. There are fuel prices, costs of doing business, driver pay, etc. Then there are broad market forces, competition for loads, other specific market forces such as […]
“Carrier networks are changing more quickly than they used to,” Broadhurst said, as assets are redeployed and dedicated to new customers. “It’s getting hard to know which carriers are optimal for certain lanes because carrier networks are changing so rapidly too,” he said. That’s making already complex supply chains more complex and posing tough decisions […]
BLOOMINGTON, Ind. – Trucking rates in the US will increase by about 4% this year, according to a projection from industry forecaster FTR. In its monthly State of Freight webinar, FTR transportation economist Noel Perry, said truckload contract rate increases could take hold as early as the first quarter of this year. The spot market […]
Flipkart India’s largest eCommerce company is going to introduce a new discount pricing model based on popular American e-commerce company Jet.com’s smart cart services which encourages consumers to pick multiple items which can be shipped in one box to save delivery charges. Flipkart is planning to start this services from January 2017 from New year, ET told […]
Uber’s move could affect the trucking industry by bringing its advanced web-based platform to a sector that has traditionally been reluctant to embrace modern technology. The launch could also force change in the industry’s market structure should Uber apply its “surge pricing” strategy to freight rates. Uber is known in the ride-hailing industry it developed […]
Chris Jones, the EVP of Marketing and Services at Descartes, made this point in a Logistics Viewpoints article on home deliveries, “Not all customers or orders are created equal so why not offer home delivery options that way too? For instance, your ‘type A’ customers get more delivery options than your ‘type C’ customer. The […]
Still, Uber seems to be moving awfully fast—Otto only just made its first commercial delivery with a self-driving truck, and by all accounts it’s still very much a fledgling company. Trucking in the U.S., by contrast, is enormous: in 2014, 11 million large trucks drove over 279 billion miles. Perhaps in acknowledgement that it’s going […]
Driven by e-commerce, the parcel segment in mature markets like the U.S. or Germany is growing by seven to ten percent annually. By 2025, this volume is expected to double in the U.S. – with around 25 billion parcels being sent each year. “Fast delivery is being requested more and more. Customers below the age […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Strategic Pricing Solutions Strategic Pricing Solutions, LLC (SPS) is a management […]
This Week in Pricing > 9/16/17
This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations […]
Texas AG files first 3 price gouging lawsuits | KDFW
According to a release from attorney general’s office, state law prohibits businesses from charging exorbitant amounts during a declared disaster. The Bains Brothers, who own Texaco-branded gas station in Arlington, Carrollton and Richardson, were accused of charging the higher price even while displaying signs with prices in the $3-$4 range. Additional lawsuits were filed against […]
Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review
It’s a longstanding debate that’s reemerged during Hurricanes Irma and Harvey: During a time of crisis, should merchants raise or maintain prices when demand increases for essential products such as water, gas, and bread? Now, due to the influence of social media, a new alternative is emerging: Why not lower prices during these critical times? Economists usually […]
It’s that time of year when kids are heading back to school, others are graduating or just moving house, and millions of individuals are shopping for new furniture. Increasingly, people are buying stuff like sofas and dressers—things they used to test out in person—on the internet, thanks to the free shipping and low prices offered […]
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