Tag: flat rate

‘That’s not a revenue model’: firms stuck in factory age, says Tim Williams | Financial Review

‘That’s not a revenue model’: firms stuck in factory age, says Tim Williams | Financial Review

That costing model is driven by a Karl Marx-inspired labour theory of value, and Williams argues it’s economically unsustainable. So much so, he predicts within the next decade very few firms will price on billable hours. “Accountants would go into a factory and count the cost, and the owner would work out cost-plus pricing. That’s not pricing, […]

Comfort hooks up with Ryde to offer taxi-booking service | TODAYonline

Comfort hooks up with Ryde to offer taxi-booking service | TODAYonline

The other five taxi operators — SMRT Taxis, Prime Taxi, Premier Taxis, Trans-Cab and HDT Singapore Taxi — partnered third-party booking app Grab to launch dynamic pricing in March. Prices for JustGrab, the dynamic-pricing feature in the Grab app, will depend on factors such as real-time demand and supply, travel time and distance. On the […]

Why Old Pricing Models Are Unethical | CPA Trendlines

Why Old Pricing Models Are Unethical | CPA Trendlines

I personally feel that pricing by the hour in arrears is an unethical way to price. Here’s why: When you price by the hour you are not incentivized to be as efficient as possible and get the job done super-fast. In fact, you are directly incentivized to do the task slower. You are incentivized to […]

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

The flat fare option computes fares and flashes this ahead of a trip, taking into account the distance to be travelled and all existing surcharges, including the booking fee. “Once a flat fare is chosen, there will be no additional surcharges unless the passenger changes the destination point or makes unplanned stops along the way,” […]

Interchange Plus Pricing vs. Flat Rate | Pay Junction

Interchange Plus Pricing vs. Flat Rate | Pay Junction

For starters, there are more rate plans for your business to consider than just Flat and Interchange plus pricing. That said, comparing too many options at once can be overwhelming; therefore, we’re going to focus on only two plans to simplify things a bit. If you’re just starting to accept credit card payments, a Flat […]

Here’s the Pricing Mistake Almost Every Hourly Planner Makes | See Beyond Numbers

Here’s the Pricing Mistake Almost Every Hourly Planner Makes | See Beyond Numbers

Imagine that your prospects didn’t hesitate, not even for one second, to pay your price. That it would be – in fact – a no-brainer. Don’t believe that’s possible? Then stop here. However, if you don’t want to leave money on the table and if you don’t want to miss my free gift at the end of this article, you […]

Why More Businesses Should Consider Flat Pricing | INSEAD Knowledge

Why More Businesses Should Consider Flat Pricing | INSEAD Knowledge

Flat pricing can represent a win-win for customers and firms. During a recent overseas trip, as soon as I stepped into a taxi, the driver offered to quote me a fixed price for travelling to my destination instead of using the meter. The driver clearly knew more than me about the route and the road […]

Hourly Billing is the Tool of Satan | Lynn Swayze

Hourly Billing is the Tool of Satan | Lynn Swayze

Instead of all of that drama, you could just price according to the project’s value, do the job in the time it takes, and deliver value quickly so your client can reap the rewards. No killing yourself, cheating yourself or your client, or being inefficient. Just work you want to do at a rate that […]

Pricing News Daily > 1/5/15

Pricing News Daily > 1/5/15

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. This Edition is Sponsored by: Strategic Pricing Solutions Strategic Pricing Solutions, LLC (SPS) is a management consulting firm helping clients with pricing strategies, data analytics, and pricing […]

Flywheel lambasts Uber’s surge pricing strategy, offers $10 flat-rate rides on New Years Eve | GeekWire

Flywheel lambasts Uber’s surge pricing strategy, offers $10 flat-rate rides on New Years Eve | GeekWire

If you dislike surge pricing and want to hail a ride from your smartphone on New Years Eve, Flywheel might be a decent option. The hailing app for taxi drivers announced today that it is offering $10 flat-rate rides on Wednesday evening in Seattle and San Francisco. It will offer the same deal in Sacramento and San Diego […]