Research conducted by academics in Bologna has revealed that while safe shopping online can often be the best way for consumers to hunt for a bargain, the rise of AI-controlled pricing systems might make this harder to achieve in the future. Experts warn that algorithms used to balance prices automatically across a number of major […]
When the Texas Rangers polled their season ticket customers on what their biggest priority was for seats at the new stadium, the message was no personal seat licenses. The dreaded PSL is the bane of every single season ticket customer all over this great nation. The Rangers delivered. There are no personal seat licenses for […]
Connecticut lawmakers are considering plan that would level the playing field at gas stations across the state. Part of the reason why residents pay different prices in different parts of the state is due to “zone pricing” – gas stations in different areas pay their wholesale distributors different prices. Critics call it price gouging. Some […]
The movie subscription service on Thursday announced a new, complicated pricing structure that is dependent on geography and the kind of movies customers want to watch. Starting in January, MoviePass will offer three plans that members can choose from. The first, called “Select,” starts at $10 a month and will allow subscribers to see three […]
When your online retail platform clears billions of transactions a year, what’s the harm in testing different prices for the same products on a relative handful of your customers? You might find a way to maximize revenue by increasing sales volume on your lower-priced products, right? Or, you might lock down sales on a product […]
The ACT Liberals committed to the fuel watch scheme last month after a series of reports by the Canberra Times on the price gouging that has been a feature of life here for decades. Those reports noted fuel prices at one and two bowser service stations within 40 and 50 minutes drive of the ACT […]
While it is neat to see digital displays come to life within a store, and while the label shelving substrate alone is enough to make someone feel like they suddenly walked into an episode of Star Trek Next Generation, the “tech,” even with all its flashing fruit, should not overshadow why digital pricing displays are […]
Buc-ee’s arrival into Alabama has been met with enthusiastic crowds and a welcome mat from politicians. But 11 days after the Texas-based company opened its first non-Texas travel station, another greeting surfaced: A federal lawsuit from the Oasis Travel Station located a mere 4 miles east on Interstate 10. Other small-sized retailers are now equally […]
Premier John Horgan was fully prepped over the course of the legislative sittings last year about how to respond to questions about rising gas prices. They started to skyrocket early in the year. That obviously prompts complaints, and complaints always find their way to question period, along the lines of: What are you going to […]
What if your rates were actually costing you money and bookings? A lot of vacation rental owners have pricing strategies that are outdated and ineffective, but they have no idea how much they’re losing as a result. Some charge under the market average, happy to scoop up bookings and fill their calendar. Others charge way […]
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: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
Pricer’s Points: Why Does Bottled Water Cost Significantly More than Tap Water? | Elena Galli
More or less one month ago I was at the airport, heading back to Barcelona after having spent some days in my hometown, Ferrara, a little city in Northern Italy. I was very thirsty so I headed to the first bar I saw and ended up spending an excruciatingly expensive price for my half a […]
This Week in Pricing > 2/16/19
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: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, […]
Remember MoviePass? It was just delisted | The Chestnut Post
The movie subscription service on Thursday announced a new, complicated pricing structure that is dependent on geography and the kind of movies customers want to watch. Starting in January, MoviePass will offer three plans that members can choose from. The first, called “Select,” starts at $10 a month and will allow subscribers to see three […]
Woman: Retailer Should Honor Penny Label on Display | NBC 6 South Florida
It was a deal so good, Robin Puppo could not believe her eyes. “I’m like, oh my God, what is this?” she said. “It’s marked as a penny.” The vacuum Robin wanted was on display at the Walmart near Sawgrass Mills Mall. She says the label under it read one cent. “It’s a $279 machine,” […]
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