Pink for surge pricing Danis Lou, passenger experience design lead, believes that design is key to problem-solving. He leads a team that is responsible for the look and feel, and user experience, of the Grab rider app. Recently redesigned, the app now boasts a softer colour palette that retains Grab’s iconic shade of green and […]
After a two-year dive, oil prices began recovering in spring 2016 and have stayed higher amid OPEC production agreements and rising global demand. The oil market has recently gotten a lift from the uncertainty generated by the US pullout from the Iran nuclear accord and by ongoing strife in Venezuela. Under the systems set up […]
Yellow cab driver Kapila Routh, who lives in Chowbagha, said, “Look at the diesel prices. At over Rs 70 a litre, do you think we can afford to drive cabs on meter? Most of us are struggling to make ends meet because we don’t own the cars. After paying our daily rentals to the owners, […]
Uber does not specifically introduce incentives to get drivers out in bad weather, said Danielle Filson, a spokeswoman for the company. But its surge pricing, where rates can balloon more than three times the baseline in the event of a situation like a snowstorm, acts as a de facto encouragement, since demand often increases in bad weather. […]
PRICE increases in Grab were borne out of the dearth in supply and increased demand, and not because it had no one to compete with, a company official said, belying the government’s claim that Grab had jacked up its prices due to its virtual monopoly in the ride-hailing market. Leo Emmanuel Gonzales, who heads the […]
Lyft spokesperson Campbell Matthews said in an email that ride wait times in New York City average around five minutes. “In times of high demand, passengers may see a higher ETA as we work to provide an affordable ride for passengers and earning opportunity for drivers,” she said. Uber co-founder and former CEO Travis Kalanick […]
The reply said: “Your trip was taken at a time when there was high demand for rides near your pickup location. “When vehicle supply gets tight, we raise fares to make sure partner-drivers are available to respond to your ride request quickly. We refer to this is as dynamic pricing or surge pricing. “Please be […]
Higher fares after Uber’s exit After Uber left the market last month, Grab imposed higher fares and more frequent surge-pricing “despite an increase in the supply of Grab drivers,” PCC said, noting Grab now has a 93 percent hold of the market after Uber drivers switched apps. The antitrust body based the post-acquisition price increase […]
At issue is a 2016 Massachusetts law meant to prevent the ride-hail firms from using surge pricing during major storms, catastrophes, and other officially declared states of emergency. But Uber — which does not deny raising prices during the storm — argues the language of the law does not actually ban surge pricing. The law […]
Uber’s surge pricing has been a much-criticized part of the company’s business, but the company says it plays a critical role in making sure there are enough drivers for every rider. The additional rate kicks in when demand for rides outweighs the number of drivers who are available. If drivers see demand is spiking in […]
This Week in Pricing > 6/23/18
This Week in Pricing is a collection of pricing focused news, thought leadership , events, jobs and professional education resources for pricers. This Edition is brought to you by: Vistaar Vistaar is leading SaaS software provider that enables companies to optimize pricing, promotion, configuration, and rebate management. Our solutions are powered by predictive models leveraged […]
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 […]
Mayor vetoes bill that sought to limit ‘surge pricing’ for ride | Hawaii News Now
HONOLULU (HawaiiNewsNow) – Honolulu Mayor Kirk Caldwell vetoed a bill Tuesday that would have made Honolulu the first city in the nation to cap how much private transportation companies — like Uber and Lyft — can charge during peak hours. Caldwell says the bill, which was passed the city council earlier this month, fell short […]
The Professional Pricing Society team and I are very proud to announce that we will be returning to Amsterdam for our next great event – The 14th Annual PPS European & Global Pricing Conference & Workshops held 28-30 November. Conference keynotes, breakout sessions, and networking opportunities highlight the conference day on 30 November; While 28-29 November […]
Conference: Fall Workshops & Conference | Professional Pricing Society
In the video below our President, Kevin Mitchell, gives insight on the conferences we offer. Please make plans to join us and well over 450 of your peers for the best event anywhere. We will be in Dallas, TX, October 23-26, 2018. Don’t miss out on the Early Bird Discount (When 2 people from the same firm register at […]
Corporate Pricing Manager | Atkore International
Seniority Level: Mid-Senior level Industry: Building Materials, Construction Employment Type: Full-time Job Functions: Management Analyst, Strategy/Planning Job description Atkore International is an industry leader in the manufacture of Electrical Raceway and Mechanical Products and Solutions, serving a wide range of construction, electrical, fire and security and mechanical applications. The Mechanical Pipe & Tube Strategic Business Unit (SBU), a […]
Seniority Level: Mid-Senior level Industry: Information Technology and Services, Computer Software, Telecommunications Employment Type: Full-time Job Functions: Management, Manufacturing Job Summary Enhances revenue optimization and profit maximization models for pricing and discounting. Analyzes and interprets impact of potential pricing moves on gross margin and regional, national, and channel pricing levels. Identifies and communicates trends in pricing, and […]
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