OnDemand WTP Pricing Research

Tag: Price War

Uber and Lyft Drivers Manipulate Surge Pricing | The Drive

Uber and Lyft Drivers Manipulate Surge Pricing | The Drive

Lyft went public. Then Uber. Measures meant to illustrate that the rideshare companies were ready to leave the security of Silicon Valley and enter reality. Yet, the two IPOs fell flat on their respective faces. Each company’s stock price has tumbled and investors have quickly realized that an ever-growing ridership doesn’t necessarily equate to a […]

Uber and Lyft drivers at a DC airport trigger surge pricing by turning off apps at the same time | Daily Mail Online

Uber and Lyft drivers at a DC airport trigger surge pricing by turning off apps at the same time | Daily Mail Online

Drivers for Uber and Lyft admit to manipulating the ride sharing apps so that customers will have to pay for a price surge. A group of up to 150 drivers routinely use the trick while waiting in the parking lot for passengers at Reagan National Airport in Arlington, Virginia. The drivers artificially inflate the fare […]

Lower pay and higher costs: The downside of Lyft’s car rental program | Los Angeles Times

Lower pay and higher costs: The downside of Lyft’s car rental program | Los Angeles Times

McNeill wrote that the company is expanding the program, hoping to increase driver earnings by offering fuel-efficient cars. “Someone wanting to drive with Lyft can rent a car for as little as a week and return it, if things didn’t work out,” Lyft spokesman Eric Smith said in a statement. “We’re proud to be able […]

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair expects to win in airline ‘fare wars’ | BBC News

Ryanair chief Michael O’Leary has said he expects the airline to benefit from any price war in the industry. Mr O’Leary said “artificially low prices” and “attritional fare wars” could dent profits for a year or two. He was speaking after the airline reported that profits fell by nearly a third last year to €1bn […]

Whole Foods has highest prices despite cuts in April: Bank of America | CNBC

Whole Foods has highest prices despite cuts in April: Bank of America | CNBC

Whole Foods still has the highest overall prices among U.S. food retailers, despite the widely publicized discounts the Amazon-owned grocer made in April. Walmart continues to have lowest overall prices, momentum that will likely be unscathed by Whole Foods’ price cuts, Bank of America Merrill Lynch analysts wrote in a Tuesday report. Kroger narrowed its […]

ComfortDelgro is testing out surge pricing on its app, but promises to limit fare increases | Business Insider Singapore

ComfortDelgro is testing out surge pricing on its app, but promises to limit fare increases | Business Insider Singapore

In a move mimicking the pricing model for ridehailing companies like Grab and Uber, ComfortDelGro is testing out a new feature on its app that resembles surge pricing. The feature, named ComfortRIDE, will see taxi fares get adjusted “according to market demand and supply”, ComfortDelGro said in a statement on Tuesday (May 7). ComfortDelGro CEO Ang Wei Neng said […]

Is customized pricing more effective than a national strategy? | MultiBriefs

Is customized pricing more effective than a national strategy? | MultiBriefs

Pricing can vary as much as opinions. Sometimes, companies sell identical goods at different prices in different parts of the country. But is this the best approach, or should retailers follow a national pricing strategy? And what factors should be considered when determining a pricing strategy? Location-based pricing is profitable “In theory, it is always […]

Caavo Cuts Pricing, Morphs Video Platform Into a Smart Home Hub | Light Reading

Caavo Cuts Pricing, Morphs Video Platform Into a Smart Home Hub | Light Reading

After hitting the market last fall with a TV-connected device that serves as a universal remote for set-top boxes and video streamers, Caavo is now attempting to broaden its consumer market appeal by slashing the cost of its hardware and endowing its platform with a wider mix of smart home capabilities. The initial version of […]

Unregulated gas-price ‘gouging’ means huge profits at the expense of drivers in Vancouver, says economist | The Star

Unregulated gas-price ‘gouging’ means huge profits at the expense of drivers in Vancouver, says economist | The Star

VANCOUVER—Is it time to cap gas prices? With consumers paying record-high prices in Metro Vancouver, Premier John Horgan said this month his government would consider “some relief” for those who can’t afford $1.70 a litre. At least one economist says assistance should come in the form of regulation. Marc Lee, a senior economist at the […]

Price war in premium phone segment heats up in India | liveMint

Price war in premium phone segment heats up in India | liveMint

In a sign of intense competition in the premium smartphone segment in India, the price gaps among the top brands are narrowing ahead of the launch of OnePlus 7 series on May 14. Apple, Samsung and Google have recently cut the prices of their premium smartphones in India. Apple has even reduced the price of […]