SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Price Discrepancies

Why Water Pricing and Management in Singapore Needs to be More Ambitious | Brink Asia

Why Water Pricing and Management in Singapore Needs to be More Ambitious | Brink Asia

A recent poll in Singapore’s national daily, The Straits Times, showed that 75 percent of Singaporeans have no idea what their monthly water bill is. Yet, when the Singapore government recently announced that the country’s water price would be increased in two stages, they opened the sluice gates to a torrent of mainstream and social media comments […]

Dynamic pricing in the new economy: Data up for grabs | The Straits Times

Dynamic pricing in the new economy: Data up for grabs | The Straits Times

Q Does dynamic pricing increase efficiency? A Dynamic pricing has caught the attention of many Singaporeans as digital technology continues to disrupt traditional industries. Consider the taxi industry. With the recent announcement by ride-hailing app provider Grab to offer taxi fares that vary throughout the day, it is timely to consider whether dynamic pricing is […]

How dynamic pricing and automated inventory impacts customer experience | Essential Retail

How dynamic pricing and automated inventory impacts customer experience | Essential Retail

Because customers often don’t distinguish between channels, customers expect the same products, prices, services, offers and promotions whether they are online, instore or on their mobiles. It’s therefore vital that fashion retailers ensure their propositions and consumer experiences are consistent across all channels. The challenge here for many fashion retailers is how to ensure this […]

Two-thirds of EU travel websites mislead on prices: Commission | Reuters

Two-thirds of EU travel websites mislead on prices: Commission | Reuters

Two-thirds of travel booking websites provide misleading information on prices and so breached EU consumer protection rules, the European Commission said on Friday. In its survey of 352 online travel booking and comparison services, it found a third of the websites displayed initial prices which were not the final prices and in a fifth of […]

How to tell when Uber’s upfront pricing is overcharging you | Quartz

How to tell when Uber’s upfront pricing is overcharging you | Quartz

“Because Uber overestimates its initial fee, drivers are paid less than they are contractually entitled to,” the complaint states. Paul Maslo, a lawyer representing Dulberg, said Uber’s response is due April 24. Uber last year debuted “upfront pricing,” a new system in which customers agree to their fare before booking a ride. The model was […]

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

ComfortDelGro taxis to offer flat fares from next Monday | The Straits Times

The flat fare option computes fares and flashes this ahead of a trip, taking into account the distance to be travelled and all existing surcharges, including the booking fee. “Once a flat fare is chosen, there will be no additional surcharges unless the passenger changes the destination point or makes unplanned stops along the way,” […]

Don’t stop taxi industry from adapting to competition: Ng Chee Meng | Channel NewsAsia

Don’t stop taxi industry from adapting to competition: Ng Chee Meng | Channel NewsAsia

SINGAPORE: Amid stiff competition from Grab and Uber private-hire cars, the local taxi industry should not be stopped from adapting to new market conditions, such as by introducing dynamic pricing, said Second Minister for Transport Ng Chee Meng in Parliament on Tuesday (Apr 4). Last month, local taxi companies were given the green light to […]

Will personalized pricing end retailers’ use of dynamic pricing? | RetailWire

Will personalized pricing end retailers’ use of dynamic pricing? | RetailWire

While sometimes used interchangeably, dynamic and personalized pricing are not the same thing. In dynamic pricing, the price generally changes according to variables specifically not customer-related. Prices might be altered based on time of day, available supply, competitors’ prices, or maybe, just maybe, the volume of traffic to a product detail page. The price may […]

San Francisco commuters hit by Uber and Lyft surge pricing | Daily Mail Online

San Francisco commuters hit by Uber and Lyft surge pricing | Daily Mail Online

Trains from Oakland to San Francisco were delayed and suspended on Monday Commuters were forced to turn to Uber and Lyft to make their way into the city Many were furious when they found ‘surge pricing’ pushed costs up significantly Some said the trip that usually cost about $20 skyrocketed to as much as $110 […]

“Double” pricing – you know it’s time for action when the Thais start to complain | Inspire Bangkok

“Double” pricing – you know it’s time for action when the Thais start to complain | Inspire Bangkok

“Double” pricing like this has been going on for decades, of course. What is different in this case is that Thais themselves are feeling the pinch of the policy and are demanding action. The boat operators are petitioning the national parks authority to lower prices by a suggested 50%. The term “double pricing” has always […]