When it comes to being a woman, the struggle is real. There’s the gender pay gap. There’s the gross underrepresentation of women in executive positions, and on conference stages. Data revealed that women founders only received two percent of venture capital funding in 2017. And now, according to a pricing study conducted by the New York City Department […]
According to the paper co-authored by academics working for Uber, Stanford and University of Chicago, some 48 percent of the gender pay gap is explained by speed alone. Male drivers go an average of 2.2 percent faster than female ones, which results in higher pay when miles pay better than time. But the researchers don’t believe men […]
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tax” remains legal in California for the time being after a bill outlawing differential pricing based on gender was withdrawn by its sponsor, state Sen.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 […]
The New York City Department of Consumer Affairs (DCA) is responsible for maintaining a fair and vibrant marketplace. To this end, DCA conducted a first-ever study of the gender pricing of goods in New York City across multiple industries. The industries studied for this report include: toys and accessories, children’s clothing, adult clothing, personal care […]
This Week in Pricing > 1/19/19
TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: PriceBeam The struggle is real for B2B and B2C Pricing, Marketing, and Finance team leaders to capture fresh, reliable, and actionable Pricing Intelligence data to be able to effectively optimize all prices for all market segments […]
PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: PriceBeam B2B and B2C Pricing, Marketing, and Finance team leaders struggle to capture fresh, reliable, and actionable Willingness-To-Pay Pricing data to be able to effectively optimize all prices for all market segments GLOBALLY. Are you […]
What you don’t know about Netflix’s price increase | Perfect Price
Netflix raised prices $2 yesterday, and as a direct result, their shares added 6.5%. As a CEO, CFO, or controlling shareholder, wouldn’t it be nice to do the same thing? Add $2 to prices and add $9.5 billion to your market capitalization? Move over Warren, I get the cover shot on Barron’s this month. Netflix […]
Customer Intelligence Analytics: 10 Mistakes Firm Make | PriceBeam
Ultimately, your goal with your customer intelligence analytics is to get results that are actionable. To obtain this, you need to get results that are: Statistically significant Based on all types of customers Clear of bias Click the button below to download our white paper featuring 10 mistakes companies make with Customer Intelligence Analytics. More Resources: Tip […]
Happy Tax Files False Advertising Lanham Act Lawsuit Against H&R Block | AP News
Since 2015, Happy Tax has utilized and advertised upfront and transparent pricing for its assisted CPA prepared tax preparation services. Happy Tax was the first notable national company to introduce this innovative pricing strategy to an industry that historically provided prices to clients after their tax returns were completed. The alleged false and misleading commercial […]
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