Tag: Luxury Goods Pricing

CEDEX – Bringing Blockchain Innovation To The Diamond Industry | Crypto Daily

CEDEX – Bringing Blockchain Innovation To The Diamond Industry | Crypto Daily

One credible point that cryptocurrency skeptics often make is that there is little need for blockchain technology in most industries. Blockchains like Bitcoin’s are slow and costly to run, so it’s fair to argue that they will likely fail to take hold in industries where they don’t solve significant problems. Diamonds, however, are not one […]

Can Digital Technology Open Up the Art World? | The New York Times

Can Digital Technology Open Up the Art World? | The New York Times

Mr. Cwilich makes the obvious but inescapable point that paintings and drawings are unique items that are a lot more expensive than mass-produced songs and books. A six-figure price tag tends to deter digital impulse buys. Prints, photographs and design objects, which generally exist in multiples, are better suited to online sales platforms, but even […]

Gem Reports Finding Fifth-Biggest Diamond in History | The Market Mogul

Gem Reports Finding Fifth-Biggest Diamond in History | The Market Mogul

One of the biggest diamonds in history has been dug up in the Kingdom of Lesotho, Southern Africa. The diamond has been valued at 910 carats and described as of “exceptional quality”. At roughly the size of two golf balls, it is the fifth biggest diamond ever found. The stone was found at the Lestseng […]

Ram Redesign Improves Fiat Chrysler’s Shot at Luxury Prices | Bloomberg

Ram Redesign Improves Fiat Chrysler’s Shot at Luxury Prices | Bloomberg

If you hadn’t noticed, Ford, Chevy and Ram pickups are now priced a lot more like luxury cars. They still have to work, and the people who buy them obsess over towing, payload and durability to make sure they get their money’s worth. But a growing number of trucks also feature the kinds of comfort, […]

The Luxury Trends Of 2018: Green Is The New Black, And More | Forbes

The Luxury Trends Of 2018: Green Is The New Black, And More | Forbes

A recommendation engine is in development that will machine-learn from other user habits and image databases to suggest outfit combinations and help plan new purchases. Luxury brands will need to adapt to selling to algorithm-driven systems as well as humans with implications for pricing strategy, marketing approach and more. … Green luxury Green is the […]

DICK’S Sporting Goods now honors World Series merchandise… | Click2 Houston

DICK’S Sporting Goods now honors World Series merchandise… | Click2 Houston

HOUSTON – Online shoppers awoke the day after Christmas to find World Series Astros gear priced astronomically low on the DICK’S Sporting Goods website. Customers thought it was a sale, but it appears it was a glitch and now the athletic store is canceling those orders. “Very upset because if it was a mistake and it would have […]

What Can Happen When You Get The Price Wrong On Your Luxury Home | cincinkyrealestate.com

What Can Happen When You Get The Price Wrong On Your Luxury Home | cincinkyrealestate.com

Setting the right price for a luxury home is one of the most critical aspects of selling a home.  Setting a price too low and the homeowner is walking away from money they could have otherwise added to their own pocket.  Setting a price too high and no amount of marketing will help get that […]

With a New App, You Can Live the Yacht Life for $120 a Day | Bloomberg

With a New App, You Can Live the Yacht Life for $120 a Day | Bloomberg

Yachting the French Riviera carries connotations of Champagne-fueled deck parties, zipping around the turquoise sea on jet skis, and having a crew to spray your sun-dappled face with Evian mist—all for the bare-minimum price of $10,000 per week. … Sort of like Bolt Bus or MegaBus, Float is built on the principle of dynamic pricing: […]

Strategic pricing brings in 11 offers for updated midtown house | The Globe and Mail

Strategic pricing brings in 11 offers for updated midtown house | The Globe and Mail

The Action: In late June, this three-bedroom house with private parking was strategically priced under $1.4-million to draw attention away from other midtown options and incite a bidding war. “The key to doing that is you have to be very aggressive in the asking price,” says agent Andre Kutyan, who ultimately juggled 11 offers. “[Plus,] […]

The Cost of Living in New York City Just Got Even Higher | Newsweek

The Cost of Living in New York City Just Got Even Higher | Newsweek

The price rise has resulted in New York apartments selling at an average of $2.19 million a pop while median prices also hit a new record of $1.19 million. “The expectation for the second quarter had been more modest,” said Jonathan Miller, president of Miller Samuel, told CNBC Thursday. “We did see the market cool […]