OnDemand WTP Pricing Research

Tag: Luxury Goods Pricing

The Subscription Model Comes to Luxury Travel With Inspirato Pass | Bloomberg

The Subscription Model Comes to Luxury Travel With Inspirato Pass | Bloomberg

What does luxury travel now have in common with grocery shopping, music streaming, and shaving? The subscription model. In mid-July, Denver-based travel club Inspirato launched its Inspirato Pass, which allows customers to book unlimited stays in luxury vacation homes, as well as legacy five-star hotel brands such as Ritz Carlton, starting at $2,500 a month […]

Ibiza, the restaurant that changed wine pricing in Houston, is closing | HoustonChronicle

Ibiza, the restaurant that changed wine pricing in Houston, is closing | HoustonChronicle

Back in 2001, thirtysomethings Charles Clark and Grant Cooper were out-of-the-box-thinking game-changers when they opened their Ibiza Food & Wine Bar. They remain so today, having announced this morning — still some 6½ months before the fact — that they will close the long-popular restaurant south of downtown on Louisiana Street. The final day of […]

How To Properly Price A Luxury Home For Sale | Greater Cincinnati Luxury Real Estate

How To Properly Price A Luxury Home For Sale | Greater Cincinnati Luxury Real Estate

Pricing a non-luxury home for sale is a bit easier than pricing luxury homes since with non-luxury homes there is plenty of recent sales data from comparable homes being sold. Luxury homes on the other hand take longer to sell due to the smaller pool of luxury home buyers and as a result the sales […]

Consumers are less willing to pay for organic wine when given more info | Earth.com

Consumers are less willing to pay for organic wine when given more info | Earth.com

From the shampoo we put in our hair to the wine we drink, the ingredients that go into products can seem like an enigma for consumers. That’s why many people will pay top dollar for products labeled “organic” or “made from natural ingredients.” While we may put a lot of faith in a label, a […]

Market frustrated at pricing of Bordeaux 2018 | Harpers Wine & Spirit Trade News

Market frustrated at pricing of Bordeaux 2018 | Harpers Wine & Spirit Trade News

But the vintage has been widely hailed by critics, with James Suckling in particular believing it could prove “an all-time great vintage”. However, the critics have been less uniform in their judgement of specific wines. According to Liv-Ex’s fair value measure, which compares release price with the individual critic’s ratings, over half of the 82 […]

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 […]

Why Luxury Home Pricing Is Critical When Listing For Sale | MortgageRealty

Why Luxury Home Pricing Is Critical When Listing For Sale | MortgageRealty

Luxury homes have an even higher standard when it comes to getting sold since the marketplace of buyers is already smaller than it is for non-luxury homes. With fewer buyers that means luxury home sellers need to be on top of their game when it comes to presenting the home for sale. Pricing is one […]

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 […]