Tag: Price Increases

Is pricing a piece of cake or are you risking a soggy bottom line? | The Drum

Is pricing a piece of cake or are you risking a soggy bottom line? | The Drum

Generating profit is a pretty straightforward recipe – the key ingredients of profit, as we know, are price, volume and cost. Sadly, while the recipe is quite simple, putting the right amount of each ingredient into your mixing bowl is usually where the problems creep in and can leave you with a soggy bottom line. […]

Spanish hegemony in organic greenhouse vegetables | Fresh Plaza

Spanish hegemony in organic greenhouse vegetables | Fresh Plaza

“Price-wise, growing is much more efficient in Spain,” Job mentions. “When push comes to shove, price is of overriding importance more often than the country of origin for large retailers, except for local organic shops.” Job emphasises that, as long as the quality of the Spanish product isn’t inferior to the Dutch, Spain will quickly […]

Ontario minimum-wage hike could cost more than 50,000 jobs: watchdog | The Globe and Mail

Ontario minimum-wage hike could cost more than 50,000 jobs: watchdog | The Globe and Mail

Asked how businesses could prepare, Flynn suggested they will have to find ways to absorb the increase. “Well, I think they could look at pricing, obviously that’s one thing that obviously any business would do,” he said. Progressive Conservative Leader Patrick Brown said those comments can only mean one thing; the government expects businesses will […]

Smart parking could mean tricky new pricing, data models for cities | statescoop

Smart parking could mean tricky new pricing, data models for cities | statescoop

New research suggests smart parking meters may do more than decongest streets, but be a potential money maker for cities collecting fines and fees. Research firm IDC reports that smart parking technology that uses sensors or video to relay parking occupancy has potential to be a revenue generator as it alerts parking enforcement about violations and generates […]

Texas AG files first 3 price gouging lawsuits | KDFW

Texas AG files first 3 price gouging lawsuits | KDFW

According to a release from attorney general’s office, state law prohibits businesses from charging exorbitant amounts during a declared disaster. The Bains Brothers, who own Texaco-branded gas station in Arlington, Carrollton and Richardson, were accused of charging the higher price even while displaying signs with prices in the $3-$4 range. Additional lawsuits were filed against […]

Cornerstone University changes pricing for more accessibility | MLive.com

Cornerstone University changes pricing for more accessibility | MLive.com

GRAND RAPIDS, MI – Cornerstone University officials announced a three-pronged pricing restructure plan for traditional undergraduate students, including a one-year net tuition freeze next academic year for returning students. “We are constantly looking for ways to reduce costs to our students while preserving a sustainable, high quality academic experience in an educational environment where our […]

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

It’s a longstanding debate that’s reemerged during Hurricanes Irma and Harvey: During a time of crisis, should merchants raise or maintain prices when demand increases for essential products such as water, gas, and bread? Now, due to the influence of social media, a new alternative is emerging: Why not lower prices during these critical times? Economists usually […]

Amazon and Netflix look to India for subscriber growth | Business Insider

Amazon and Netflix look to India for subscriber growth | Business Insider

Amazon’s India video push can meaningfully grow Prime membership. More than half of new Prime members come through Amazon’s video service, according to James Farrell, the company’s head of video in the Asia-Pacific region. Additionally, the company’s localized pricing strategy — Prime membership in India costs less than $10 per year — is likely to entice […]

Lowering Prices: LG Electronics to Target Premium Phone Market with Price Competitiveness | BusinessKorea

Lowering Prices: LG Electronics to Target Premium Phone Market with Price Competitiveness | BusinessKorea

As LG Electronics has set the price of the V30 at some 900,000 won (US$798), the company will target the premium smartphone market with price discrimination strategy in the second half of the year. The new products of Samsung and Apple far surpass over 1 million won (US$887). All eyes are on whether LG’s pricing […]

SF parking meters may soon feature Uber-like surge pricing | The San Francisco Examiner

SF parking meters may soon feature Uber-like surge pricing | The San Francisco Examiner

Parking meters across San Francisco may feature “dynamic” pricing by the end of this year. The new parking meter pricing policy will allow The City’s transportation planners to lower or raise prices based on the demand for parking spaces, in similar fashion to Uber’s surge pricing, which raises prices for ride-hail vehicles when demand for […]