Tag: Price Transparency

Walmart Looks to Differentiate Through New Online Pricing Strategy | And Now U Know

Walmart Looks to Differentiate Through New Online Pricing Strategy | And Now U Know

BIRMINGHAM, AL – Can a new pricing strategy help Walmart differentiate itself from one of its biggest competitors? According to The Wall Street Journal, the retailer’s new move to raise online prices is effectively showing key differences between Walmart and e-commerce mega company Amazon. Avery Sheffield, Global Portfolio Manager, Brandywine Walmart’s new strategy entails a […]

Mission impossible? Blame it on Jio | Deccan Herald

Mission impossible? Blame it on Jio | Deccan Herald

When Reliance Communications (RCom) launched with its “Monsoon Offer” prices in 2002, mobile call rates — and therefore customer bills, or the average revenue per user, a key metric in the telecommunications industry – fell drastically for the first time. Since then, India has ridden an expanding mobile telephony wave, with telecom companies hyper-competing with […]

Consumers use price transparency tools to financially plan, not shop around | Modern Healthcare

Consumers use price transparency tools to financially plan, not shop around | Modern Healthcare

The majority of healthcare consumers use price transparency tools to financially plan, a new survey found, contradicting claims that consumers will shop around for the cheapest providers if they know the price before obtaining care. The survey, released this week by Accenture, reported that nearly half of consumers, 46%, seek price information to budget for […]

The Medicines Company’s PCSK9 Inhibitor Strategy: More Heart Patients Via Lower Pricing | Forbes

The Medicines Company’s PCSK9 Inhibitor Strategy: More Heart Patients Via Lower Pricing | Forbes

However, in a recent conversation, Meanwell shared that he doesn’t plan to compete solely on these benefits of inclisiran. Rather, he plans to broaden access to inclisiran via a significantly lower price as compared to the established agents. Part of his move to this position was based on studying the changes in the top ten […]

Air France-KLM Move to a Spend-Based Loyalty Program In 2018 | Skift

Air France-KLM Move to a Spend-Based Loyalty Program In 2018 | Skift

In some ways, that Experience Points model is an improvement over a program in which a minimum spend is additionally required to earn status. Earning top-tier status at American Airlines, by contrast, could require 100 short hop round-trip flights — assuming 1,000 miles for each journey — but also would would need $12,000 in spend. […]

Alaska Air Group faces tough pricing and rising costs in the home stretch of merger integration | CAPA

Alaska Air Group faces tough pricing and rising costs in the home stretch of merger integration | CAPA

Most US airlines have cited some pricing pressure in domestic markets, and Alaska Air Group is no different. The company has endured significant pressure on close-in pricing on its US transcontinental routes and intra-California network in recent months – two strategically important regions for the company as its merger integration with Virgin America continues. The […]

JC Penney slashes profit outlook, sending shares to an all-time low | CNBC

JC Penney slashes profit outlook, sending shares to an all-time low | CNBC

“While we acknowledge the positive work JCP is doing to become less apparel reliant (with initiatives like the expansion of home, appliances, beauty, and salon) the sector faces intense secular headwinds as mall traffic wanes and the shift to e-comm should also continue to weigh on profitability,” Jefferies analyst Randal Konik wrote in a note […]

Rapid flurry of new drug pricing leaves no room for public debate | TheHill

Rapid flurry of new drug pricing leaves no room for public debate | TheHill

Unfortunately, rather than celebrating these advances, we are left in shock at the cost. In August, Novartis announced the price of their CAR-therapy — a form of treatment primarily for blood cancers like leukemia and lymphoma — was $475,000 per patient based (although they may offer a refund for patients who do not benefit from […]

Gilead says drug profits must stay high to pay for ‘innovation,’ but 100% of its profits went to shareholders | LA Times

Gilead says drug profits must stay high to pay for ‘innovation,’ but 100% of its profits went to shareholders | LA Times

With high drug prices still in the political crosshairs on Capitol Hill, pharmaceutical industry bosses are at pains to explain why a cure for hepatitis-C has to cost a budget-busting $1,000 per pill, or a promising cancer treatment should carry a list price of $373,000. That duty most recently fell to John C. Martin, the […]

Three easy steps to drive your pharmaceutical pricing strategy | GfK

Three easy steps to drive your pharmaceutical pricing strategy | GfK

Pricing for pharmaceuticals continues to grow in complexity for the industry due to a variety of factors.  A few of the prominent challenges our clients face include: Just one chance to get it right. Once a price strategy is in place, course corrections are difficult and sometimes even impossible; for example, price increases in ex-US […]