OnDemand WTP Pricing Research

Tag: price perception

Surge pricing may soon be on special at your favorite restaurant | Quartzy

Surge pricing may soon be on special at your favorite restaurant | Quartzy

Restaurants are joining hotels, airlines, ride services, and ski areas in the practice of adjusting their prices (paywall) to reflect consumer demand. This type of strategy has been most notable in the form of surge pricing for ride services like Uber and Lyft, but the restaurant version is actually something like the inverse. Instead of prices […]

Bitcoin below $3,000 would trigger a ‘blood bath’, says analyst | MarketWatch

Bitcoin below $3,000 would trigger a ‘blood bath’, says analyst | MarketWatch

What are analysts saying “For the past few weeks, we have not seen any significant movement in the bitcoin price. We are stuck in a price range of $3183 (17 December low) to $4234 (Dec. 24 high), as long as we are not breaking out of this range, there is nothing new,” wrote Naeem Aslam, […]

Customers stay loyal despite pricing concern | Insurance News

Customers stay loyal despite pricing concern | Insurance News

The vast majority of general insurance customers do not bother checking alternatives at renewal time, according to Roy Morgan research. This is despite “better premiums” being the main reason for switching or shopping around. Local insurers dispute assertions by consumer groups here and in the UK that loyal customers are often charged significantly more than […]

How the gap between value and price affects goodwill | Nathan Barry

How the gap between value and price affects goodwill | Nathan Barry

Think about the difference between the value you receive from a product and the price the company charges for it—often referred to as consumer surplus. A company with a low price that provides a minimal amount of value would look more like this: Customers are happy to pay because the value still exceeds the price. […]

Bitcoin Is Now Officially In Its Longest Bear Market Ever | CoinDesk

Bitcoin Is Now Officially In Its Longest Bear Market Ever | CoinDesk

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the […]

Why the Blockchain and Crypto Industry Needs to Forget Price Predictions | Coin Central

Why the Blockchain and Crypto Industry Needs to Forget Price Predictions | Coin Central

“We are tired of people asking us about target prices.” This was Tom Lee towards the end of 2018., the co-founder of Fundstrat Global Advisors and one of the most prominent cryptocurrency price analysts. He famously predicted Bitcoin would end 2018 at $25,000. Despite Lee’s claim to fame being his ability to predict stocks and […]

Stranger Things: The Upside of Down Bitcoin Prices | CoinDesk

Stranger Things: The Upside of Down Bitcoin Prices | CoinDesk

While 2018’s falling bitcoin prices led many observers to write off digital assets altogether, the correction should actually help force the market as a whole to mature. That maturation is exactly what the space needs to attract more institutional investors, whose arrival en masse will improve the market for everyone by increasing liquidity, both directly, via […]

Super Bowl Menu Prices Offer Glimpse Of Sports Concession Future | Forbes

Super Bowl Menu Prices Offer Glimpse Of Sports Concession Future | Forbes

Ever since Mercedes-Benz Stadium opened in Atlanta in 2017, the fan-first concession pricing has turned heads. That pricing doesn’t change, whether a Falcons game, a concert or even a Super Bowl. Hot dogs are $2. Refillable sodas: $2. But what we will see for the first time at a Super Bowl on Feb. 3 hasn’t […]

Bitcoin Crash Hitting the Chinese Crypto Miners & Price of Mining Devices Hard | CoinGape

Bitcoin Crash Hitting the Chinese Crypto Miners & Price of Mining Devices Hard | CoinGape

With Bitcoin currently down over 82 percent, the prices of crypto mining devices are falling hard and crypto miners are shutting down as business is falling. Mining Computers’ Price Plunge, Businesses Shut Down Crypto winter has been now going for over a year now. Bitcoin is currently down more than 82 percent from its all-time […]

Why Does Bitcoin and the Crypto Market Experience Such Volatility in Price Fluctuations? | Bitcoin Exchange Guide

Why Does Bitcoin and the Crypto Market Experience Such Volatility in Price Fluctuations? | Bitcoin Exchange Guide

The cryptocurrency market has been growing during the last ten years since Bitcoin (BTC) was created. Indeed, the most popular digital asset grew up to $20,000 at the end of 2017. Because of this, the market gained traction and increased its popularity among investors. Other coins such as XRP or Ethereum (ETH) surged as well […]