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Tag: Dual pricing

Etsy Helps UK Sellers Compete in US with Dual Pricing Tool | ecommerce bytes

Etsy Helps UK Sellers Compete in US with Dual Pricing Tool | ecommerce bytes

Etsy wants to help UK sellers compete in the US and will launch a new dual-pricing tool this week, according to the company’s Chief Financial Officer Rachel Glaser. It’s more expensive for international sellers to ship cross-border than it is domestically. But because of Etsy’s new free-shipping initiative where it penalizes sellers who don’t offer […]

Thai Tourism minister addresses dual pricing for foreigners, says it should be the same as Thai pricing | The Pattaya News

Thai Tourism minister addresses dual pricing for foreigners, says it should be the same as Thai pricing | The Pattaya News

Thailand may be seeing the beginning of the end to a subject that angers many visitors and residents in the kingdom, dual pricing for foreigners and tourists. Thailand’s new Minister for Tourism and Sports Pipat Ratchakitprakarn was speaking to Thai reporters this morning, August 6th, 2019, about what needs to be done to stimulate the […]

Tourism: An end to dual pricing? Tourism minister talks of stimulus measures | Thailand Visa Forum

Tourism: An end to dual pricing? Tourism minister talks of stimulus measures | Thailand Visa Forum

Thailand could be seeing the beginning of the end to a subject that angers many visitors and residents in the kingdom. Dual pricing for foreigners and tourists. Thailand’s new Minister for Tourism and Sports Pipat Ratchakitprakarn was speaking to Thai reporters about what needs to be done to stimulate the tourism sector. He said that […]

Dual pricing and why it is possible to treat customers fairly | Insurance Business

Dual pricing and why it is possible to treat customers fairly | Insurance Business

How do insurers build loyalty when consumers are told that sticking with the same insurance company or phone contract year after year costs them more money? The dual pricing model used by many insurers exploits customer loyalty rather than rewards it. Enticing new customers with cheap introductory offers while existing customers see their premiums increase […]

Dual pricing: Capping prices risks industry profits, warns Fitch | Insurance Age

Dual pricing: Capping prices risks industry profits, warns Fitch | Insurance Age

The CMA had recommended price caps, as regulators propose solutions to the ‘loyalty penalty’, but the ratings agency suggests it could destabilise the market. Fitch Ratings has cautioned that the introduction of price caps could depress industry profits. The warning follows a proposal by the Competition and Markets Authority (CMA) to introduce price caps on […]

FCA strengthens position on dual pricing | Insurance Age

FCA strengthens position on dual pricing | Insurance Age

The regulator has published a fresh response to the CMA. The FCA has outlined its position on the Competition and Markets Authority (CMA) investigation into dual pricing following the government response to the study. In a statement published today, 19 June, the FCA explained that its priority was fair outcomes for all customers and that […]

Insurers could face fines for £4bn dual pricing “rip off” | Insurance Age

Insurers could face fines for £4bn dual pricing “rip off” | Insurance Age

The government is set to give the Competition & Markets Authority power to bypass the courts and fine firms that exploit loyalty. The government is consulting on measures to tackle the loyalty penalty and combat dual pricing which could see companies fined by the Competition & Markets Authority (CMA) if they are found to be […]

Research shows 50% of motorists think dual pricing should be illegal | Insurance Age

Research shows 50% of motorists think dual pricing should be illegal | Insurance Age

A survey by Go Compare show half of the drivers surveyed felt it should be illegal for insurers to reserve best prices for new customers. Research commissioned by GoCompare Car Insurance, revealed that 50% of drivers think it should be illegal for insurers to reserve the best prices for new customers at the expense of […]

Dual pricing frustration breeds opportunistic fraud – experts | Insurance Times

Dual pricing frustration breeds opportunistic fraud – experts | Insurance Times

Dual pricing Dual pricing has long been in the forefront of insurers’ minds for the past 12 months, after a super-complaint was submitted, which led to an investigation into pricing practices. The Claims Awards are still open for entry! Click here to enter for free! “A survey by the Chartered Insurance Institute (CII) found that […]