Tag: Price Testing

What Artist Must Know about Pricing Consistency | Artsy Shark

What Artist Must Know about Pricing Consistency | Artsy Shark

We recently spoke about a hot topic for many artists – pricing your work. She shares insights to help artists gain clarity and overcome the challenges that pricing can present. AS: Why is art pricing consistency so important? CM:  Prices for your artwork must be universally consistent. This means that the retail price of artwork […]

Online Art Sales Are in Danger of Lagging — But There’s a Way to Fix It | MutualArt

Online Art Sales Are in Danger of Lagging — But There’s a Way to Fix It | MutualArt

Social media may be revolutionizing the art world, but online sales are in danger of stagnating, according to a report from fine art insurer Hiscox and art research firm ArtTactic. The key stumbling block? A lack of information and price transparency. It’s something older collectors are used to, but for 90% of new art buyers, […]

Oops… my business made a pricing mistake | Dynamic Business Australia

Oops… my business made a pricing mistake | Dynamic Business Australia

In my recent article, How to work out what price to charge, I discussed how pricing is one of the most crucial decisions business owners and managers must make, while touching on the eight rules for pricing effectively… But what happens when you get pricing wrong and how do you recover from pricing mistakes? In this […]

Online art market could stagnate unless transparency is improved, study finds | The Art Newspaper

Online art market could stagnate unless transparency is improved, study finds | The Art Newspaper

Online art sales reached an estimated $4.2bn in 2017, up 12% year on year, this is lower than the 15% increase experienced in 2016, or the 24% rise in 2015. “Despite the online art market growing around 20-25% between 2013 and 2015, the last 24 months shows signs of a slowdown, perhaps as the industry […]

Depressed pricing still hangs over Mexico’s domestic market, but demand holds steady | CAPA

Depressed pricing still hangs over Mexico’s domestic market, but demand holds steady | CAPA

Mexico’s domestic market continues to grow at a steady pace, with passenger levels increasing 9% year-on-year for the first nine months of 2017. But pricing in the country’s domestic market was depressed during 3Q2017, creating challenges for the larger airlines operating in Mexico. The country’s second largest airline, Volaris, continues to be under pricing pressure in […]

The Fat Years For U.S. Airlines Are Coming to an End | Bloomberg

The Fat Years For U.S. Airlines Are Coming to an End | Bloomberg

America’s passenger carriers have discovered that it’s getting more expensive to run an airline these days. While summertime profits were fine, and travel demand remains robust, a number of airlines are facing higher bills from a variety of factors: labor contracts, significant airport renovation projects, technology spending and fleet upgrades. The increase in expenses is creeeping into 2018 […]

Regal Cinemas Plan May Let You Pay Less for Flops, More for Hits | Bloomberg

Regal Cinemas Plan May Let You Pay Less for Flops, More for Hits | Bloomberg

Regal Entertainment Group is testing demand-based pricing for films, potentially leading to higher prices for top hits and low prices for flops, a big change for an industry that typically uses a one-size-fits-all approach. Working with app maker Atom Tickets LLC, which has lobbied theaters to try dynamic pricing, Regal plans to test the concept […]

The Rise of These Two Ruthless German Grocery Stores Has This Influencer Terrified About Walmart | TheStreet

The Rise of These Two Ruthless German Grocery Stores Has This Influencer Terrified About Walmart | TheStreet

“Our store visits and analysis highlighted significant price compression in private-label pricing, aggressive prices in the all-important customer traffic-driving fresh food areas and even lower branded prices, too,” Mushkin and Otway wrote. Wolfe found that Walmart lowered its prices by more than 20% at certain stores in Virginia Beach and North Carolina, where Lidl now […]

Netflix has increased their pricing in light of new GST rules | Ausdroid

Netflix has increased their pricing in light of new GST rules | Ausdroid

Your Australian Netflix account just got more expensive, with the US-based company increasing prices to adhere to the new so-called ‘Netflix tax’ which has been applied to imported products and services available digitally that kicks off in the new financial year. The new prices have come into effect today, with the standard definition plan jumping […]

I Spent a Week Yak Shaving Instead of Running a Pricing Test | Cory Zue

I Spent a Week Yak Shaving Instead of Running a Pricing Test | Cory Zue

Differentiating your yaks The key to differentiating your yaks involves asking one simple question: Is there any way to achieve my primary goal without doing this task? That’s it! If the answer is “yes” then don’t do the task. If the answer is “no” then do it. It’s that simple. In my case there was […]