OnDemand WTP Pricing Research

Tag: Luxury Goods Pricing

Price Benchmarking is Crucial for Global Luxury Brands | Jing Daily

Price Benchmarking is Crucial for Global Luxury Brands | Jing Daily

Many Chinese customers shop for their favorite luxury brands based on the lowest prices they can find. They watch currency fluctuations carefully to see if one region happens to have a value dip (like when the U.K. announced it was leaving the EU, for example) and then travel to that country specifically to buy luxury […]

Prada Joins the Likes of Chanel, Hermès, and Louis Vuitton in a Global Quest for Uniform Pricing | The Fashion Law

Prada Joins the Likes of Chanel, Hermès, and Louis Vuitton in a Global Quest for Uniform Pricing | The Fashion Law

Prada plans to cut down on the number of wholesale partners stocking its products in Italy and Europe in an attempt to enjoy uniform pricing throughout the market, and to stomp out markdowns of its high fashion wares. The announcement comes amidst a larger attempt by the Milan-based brand to regain its footing after years […]

Wine Pricing: Strategy, Profitability and Adjustments | Sommelier Business

Wine Pricing: Strategy, Profitability and Adjustments | Sommelier Business

Right pricing strategy for your wine list is absolutely vital for the long-term success of your restaurant. Getting the pricing strategy right for your wine list is absolutely vital for the long-term success of your restaurant. By now, we’ve all heard stories about Michelin-starred restaurants in cities like New York that almost went out of […]

The Complete Guide To Buying A Jet Card | Forbes

The Complete Guide To Buying A Jet Card | Forbes

Fixed Hourly Rates or Dynamic Pricing While many folks equate jet cards with fixed hourly rates, dynamic pricing, which means trip quotes based on market prices each time you fly, is becoming more prevalent. Several companies such as Air Charter Service, StraightLine Private Air and Vault Jet have introduced hybrid cards that offer fixed rates […]

Growing demand for Hermès’ iconic Birkin due to an increase in pricing | CPP-LUXURY

Growing demand for Hermès’ iconic Birkin due to an increase in pricing | CPP-LUXURY

In 2017, a report from Baghunter suggested the Birkin was due for another pricing increase A price increase on the Birkin will keep the handbag’s status as a wealth symbol and beneficial financial investment. The expected price hike will come after the Birkin had a record-breaking sales year in 2016. Since the release of its 2016 “Birkin […]

Prestige Imports: How much it costs to lease a Pagani Huayra Roadster  | CNBC

Prestige Imports: How much it costs to lease a Pagani Huayra Roadster  | CNBC

A Pagani Huayra Roadster is expensive — the price starts at $2.6 million. If you don’t have that kind of cash upfront, you can lease one, but that’s not cheap either. “The majority of our clients are going ahead and writing a check to buy the car on the spot,” Brett David, CEO of Prestige […]

You Can Rent A Bugatti… For The Price Of Buying A New Car | CarBuzz

You Can Rent A Bugatti… For The Price Of Buying A New Car | CarBuzz

Want to buy a Bugatti? You’ll be looking at a seven-figure price tag. But if you can’t afford that and still want the experience of driving one of Molsheim’s finest, you can rent one. And all it’ll cost you is the small matter of about $20,000 to $25,000 per day. That’s how much, according to […]

The most expensive car to rent in America is $20,000 a day | CNBC

The most expensive car to rent in America is $20,000 a day | CNBC

A Bugatti – the French luxury car — isn’t cheap to own. There are only three models — Veyron, Chiron and Divo — and the prices range from $1.7 million to $3 million. In September, the new Divo hypercar sold out in one day, with the hefty price tag of $5.8 million. If you buy […]

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

NEW YORK, NY.- Sotheby’s Wine unveiled the full contents of their autumn 2018 auctions in New York. Led by The Macallan 1926 60 Year Old (Sir Peter Blake Label) as well as an historic offering of Rare Domaine de la Romanée-Conti Wines from the Personal Cellar of Robert Drouhin, the series of four auctions this […]

A Bugatti hypercar’s oil change costs as much as buying another car | CNBC

A Bugatti hypercar’s oil change costs as much as buying another car | CNBC

The cost of a Bugatti, a French luxury car with only three models — Veyron, Chiron and Divo — typically ranges from $1.7 million to $3 million, and its newest Divo hypercar model, which sold out in one day, has a ticket price of $5.8 million. But getting a Bugatti serviced costs a pretty penny […]