Tag: Price Setting

In this Chennai restaurant – the food is served hot – by robots | Moneycontrol.com

In this Chennai restaurant – the food is served hot – by robots | Moneycontrol.com

To add to the cool factor, the restaurant has a selfie corner outside for people who want to take one with the robots. Besides the unique theme, the pricing strategy also seems to work for the restaurant. As per The Hindu report, the average cost for a table of two is Rs 1000. The duo […]

Business Lessons Any Entrepreneur Can Learn From a Failed Restaurant | AllBusiness.com

Business Lessons Any Entrepreneur Can Learn From a Failed Restaurant | AllBusiness.com

This is a good idea for any new business owner: Do a test run of your business idea. Do a proof of concept. Start small and see if you can make money first on a small scale, before you go all in on starting a new business and making bigger investments and taking bigger risks. […]

7 steps to higher sales prices / Markets & companies | European-coatings.com

7 steps to higher sales prices / Markets & companies | European-coatings.com

How to get to higher prices When customers jump ship, this rarely has anything to do with a price increase, but is more a reflection of previous mistakes. After all, buyers look for alternatives every day. Price increases are therefore not necessarily a signal for them to start replacing suppliers. Nevertheless, buyers will always inform […]

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

Over two-thirds of the November increase in the index for final demand goods is attributable to prices for gasoline, which jumped 15.8 percent. The indexes for light motor trucks, pharmaceutical preparations, beef and veal, residential electric power, and jet fuel also moved higher. In contrast, prices for processed young chickens fell 5.7 percent. The indexes […]

Uber charges Toronto rider $14,400 for a 20-minute rush hour ride | cnet

Uber charges Toronto rider $14,400 for a 20-minute rush hour ride | cnet

Only after Kennard took to social media did Uber cop to its mistake and refund the ride. “There was an error, and we have provided a full refund. We sincerely apologize to this rider for his experience. We have safeguards in place to help prevent something like this from happening, and we are working to […]

Apple To Bring Introductory Subscription Pricing To The App Store | ubergizmo

Apple To Bring Introductory Subscription Pricing To The App Store | ubergizmo

The idea of subscribing to a service the recurs every month can be a bit daunting, especially if you already have other subscriptions. However Apple wants to address this by allowing developers to offer introductory subscription pricing for the App Store, meaning that developers can now choose to offer lower upfront prices for new subscribers. […]

Uber and Lyft to Refund Users Who Paid Price Surge Trying to Escape NYC Following Bombing | Breitbart

Uber and Lyft to Refund Users Who Paid Price Surge Trying to Escape NYC Following Bombing | Breitbart

Uber and Lyft will refund passengers who were forced to pay higher fares while trying to escape New York City following the attempted terrorist attack on Monday. According to Jalopnik, Uber and Lyft fares “skyrocketed” following the attempted attack, but “Uber eventually turned off surge pricing in the surrounding area of midtown Manhattan, where the explosion took […]

After a Midtown Blast, Ride-Hailing Prices Spike, Briefly | The New York Times

After a Midtown Blast, Ride-Hailing Prices Spike, Briefly | The New York Times

As the supply of subways and buses vanished around Times Square during the Monday morning rush, the demand for cabs increased. The result: fare increases from Uber and Lyft, whose algorithms automatically adjust price based on the volume of requests. Reaction from riders was swift. Ride-hailing app companies, they said, were profiteering off a terror […]

MLB clubs increasingly relying on analytics to generate revenue: club executive | Yonhap News

MLB clubs increasingly relying on analytics to generate revenue: club executive | Yonhap News

“Most of the work to date has focused on ticket sales, utilizing buyer data, past sales information, pricing, and survey work to ultimately help us more effectively market and sell tickets,” he said. “We are looking to expand analytics into its own department, with multiple employees dedicated strictly to the pursuit of securing, analyzing, and […]

Uber ‘charge £149 for a 10 mile trip after price surge because of snow’ | The Sun

Uber ‘charge £149 for a 10 mile trip after price surge because of snow’ | The Sun

UBER users in Birmingham were left fuming after they were offered cabs for more than four times the normal rate after a surge due to the bad weather. … An Uber spokeswoman said: “Our app uses dynamic pricing which means that fares automatically increase when the demand for cars in a specific area is greater […]