Many businesses spend hours debating whether or not to publish their prices online. So what’s the answer? My invariable advice is that you should always be open and transparent in your pricing. People on your website want to know. Think about the last purchase you made. Once you’d set your sights on the product or […]
Since then, I’ve been checking Amazon prices often on different browsers, different devices, both logged in and not, and again using Tor on Brave. Prices for lots of stuff (not just books) have been all over the place. And information about products changes too. For example, today (as I write this, on deadline) is August […]
It’s an experience most of us have had when shopping in a store. You’re rifling through the sales rack in search of a bargain. You find a shirt and trying to decide if it’s worth buying, so you look at the original price. But if you’re shopping at a dishonest retailer, what’s on the price […]
Hawaii Gov. David Ige declared a state of emergency this week, which among other things, triggers a state law that caps the prices of all goods in the state during the duration of the emergency. Although well-intentioned, the price cap is likely to exacerbate shortages and lead to a misallocation of emergency goods. Hawaii state […]
Shoppers spent $4.2 billion during Amazon.com’s Prime Day sale, up 33 percent from a year ago, according to estimates from Wedbush Securities analyst Michael Pachter. The online retailer doesn’t disclose revenue from the 36-hour event that began Monday. Pachter based his estimate on information the company did release, including that it shipped more than 100 […]
After a rocky start, Amazon ended its fourth Prime Day on a high note. Sales from its 36-hour shopping extravaganza surpassed those from Cyber Monday, Black Friday, and last year’s Prime Day, making it once again the biggest shopping event in Amazon’s history, the company said. Small and medium-size businesses notably crushed the day, collectively making […]
Here at Crossover, we’ll harp on about sales reports and stock management until we fall off the back of the green. But, whilst these factors are essential to running a successful retail business, a pricing strategy is just as important, and unfortunately, is often overlooked. Pricing will have a profound effect on the success your […]
The Solicitors Regulation Authority has widened the areas of law under which firms will be required to publish prices – and firms have six months in which to comply. The regulator said today it had made the decision after ‘engaging with’ more than 21,000 members of the public and the profession. Under the plans, firms […]
As the process of making buying and selling more transparent continues to gather pace, the body that regulates conveyancers says it is to mandate firms to publish their service standards and prices online. The Council for Licensed Conveyancers says this is to help consumers make informed choices when they need a lawyer, and to encourage […]
Many B2B and B2C businesses face the same question: What will bring more sales, disclosing our prices or having prospects contact us? The answer to this question varies. As consumers, we live in a world of instant gratification. We are accustomed to finding the information we need right away. We rarely send emails. Instead, we […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: Vistaar Vistaar is leading SaaS software provider that enables companies […]
This Week in Pricing > 10/13/18
This Week in Pricing is a collection of pricing focused news, thought leadership , events, jobs and professional education resources for pricers. This Edition is brought to you by: Vistaar Vistaar is leading SaaS software provider that enables companies to optimize pricing, promotion, configuration, and rebate management. Our solutions are powered by predictive models leveraged […]
The Need for a NexGen CPQ Solution | Pricing Matters
Price optimization to unlock ROI potential The Configure-Price-Quote (CPQ) software market growth is exploding. According to Gartner, CPQ market revenue was approximately $878 million in 2016, with a 20% CAGR expected through 2020. However, CPQ is not new, and many organizations that have invested in CPQ solutions are failing to meet expected ROI. So, what’s […]
Trump Signs Law To Lower Drug Prices, Ends Gag Orders Against Pharmacists | The Western Journal
President Donald Trump signed a law that ends insurance companies’ pharmacist gag clauses in an effort to lower drug prices Wednesday. “If there’s anything bipartisan it’s lowering drug prices,” Trump said while signing the Patients’ Right To Know Drug Prices Act according to CBS News. Currently, insurers and pharmacy benefit managers use the gag clauses to “forbid […]
Trump signs bills aimed at increasing drug price transparency | CNNPolitics
Washington (CNN) – President Donald Trump signed two pieces of legislation into law on Wednesday that aim to inform consumers about drug prices. Both measures, the Know the Lowest Price Act and the Patient Right to Know Drug Prices Act, aim to end the drug industry’s so-called gag orders of pharmacists, which prevent them from […]
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