Recently, there has been buzz surrounding two salons in the Logan Square neighborhood of Chicago for their pricing system. Counter to the traditional method of charging clients for men’s or women’s cuts, Barbara & Barbara and Logan Parlor salons price based on hair length, with a mission of creating an inclusive environment for clients. “From a social […]
So this is the kind of gap that sneaks up on you. In 1994, the state of California published a study on the average annual cost of consumer product goods and found that women paid on average $1,351 more per year for equivalent products as men. Now put that in today’s dollars and…you get the […]
Go to your local pharmacy and look at the shaving aisle. You’ll almost certainly find that if you pick up, say, a silver and black men’s razor, it’ll cost less than a razor decked out in pink and marketed to women. Yet the two products serve the exact same purpose. It’s a practice known as […]
Dive Brief: The so-called “pink tax” remains legal in California for the time being after a bill outlawing differential pricing based on gender was withdrawn by its sponsor, state Sen. Ben Hueso, a Democrat from San Diego, the Los Angeles Times reports. California’s Assembly Judiciary Committe was expected to vote on the legislation Tuesday after the […]
California outlawed sex discrimination against business customers in 1959, but it’s apparently still legal — or at least still accepted in practice — to charge females more than males for the same basic products. A state legislator said at a recent hearing that he had seen a blue package of 12 Gillette Sensor disposable razors […]
Nobody enjoys a price hike. From concert venues extorting £10 drinks from their captive audiences, to Martin Shkreli’s infamous 5,000% drug price increase, hiking up prices just because you can is unfair to customers, and often ends up disproportionately impacting a specific group. Every small business has to make a profit, and structuring your pricing […]
A Target spokesperson said the company lowered the price of the pink scooter after the report was released Friday, calling the discrepancy a “system error.” (The retailer blamed the same kind of glitch last year after catching heat for selling black Barbies at more than double the price of white Barbies.) When asked about the price differences […]
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: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the […]
During a recent web search I came across an article about a French women’s group caught my eye. The group, Georgette Sand, is taking a stand against price discrimination directed at female consumers. As a pricing professional, price “segmentation” is something that I am not opposed to. In fact, if a company can pull it […]
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: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based […]
This Week in Pricing > 7/29/17
This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: Professional Pricing Society Currently, PPS produces three major annual pricing conferences in Europe and North America. Each […]
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, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Professional Pricing Society Currently, PPS produces three major annual pricing […]
Smartphone Market Competition Will Keep iPhone 8 Prices Below $1,200 | eWeek
There’s no question that an Apple iPhone is an expensive device. The cheapest iPhone 7 will set you back $649. A fully tricked-out iPhone 7 Plus costs $969, which is really expensive for any smartphone. But if mobile market blogger’s prediction becomes reality, the iPhone 8 prices will reach a record high when it’s introduced […]
Strikes stall normal life in district | The Hindu
While the dealers would refill their stocks on Wednesday, the shortage is expected to continue for another day. According to Thiruvananthapuram District Petroleum Traders Association secretary P.K. Biju, the stir has been organised in protest against the alleged discrepancies in the dynamic pricing system of petroleum products and the alleged failure of oil marketing companies […]
Pricer’s Points: The Impact of Global Changes on Pricing | Jesper Hansson
We want to hear from you and how you see this impacting your daily activities. Dr.Stephan Liozu and Dr. Andreas Hinterhuber are conducting this short survey with PPS on the topic of global pricing. The results will be published in the Journal of Professional Pricing and the Journal of Revenue and Pricing Management. The survey […]
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