Tag: Pricing Backlash

Texas AG files first 3 price gouging lawsuits | KDFW

Texas AG files first 3 price gouging lawsuits | KDFW

According to a release from attorney general’s office, state law prohibits businesses from charging exorbitant amounts during a declared disaster. The Bains Brothers, who own Texaco-branded gas station in Arlington, Carrollton and Richardson, were accused of charging the higher price even while displaying signs with prices in the $3-$4 range. Additional lawsuits were filed against […]

Cornerstone University changes pricing for more accessibility | MLive.com

Cornerstone University changes pricing for more accessibility | MLive.com

GRAND RAPIDS, MI – Cornerstone University officials announced a three-pronged pricing restructure plan for traditional undergraduate students, including a one-year net tuition freeze next academic year for returning students. “We are constantly looking for ways to reduce costs to our students while preserving a sustainable, high quality academic experience in an educational environment where our […]

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

It’s a longstanding debate that’s reemerged during Hurricanes Irma and Harvey: During a time of crisis, should merchants raise or maintain prices when demand increases for essential products such as water, gas, and bread? Now, due to the influence of social media, a new alternative is emerging: Why not lower prices during these critical times? Economists usually […]

Amazon and Netflix look to India for subscriber growth | Business Insider

Amazon and Netflix look to India for subscriber growth | Business Insider

Amazon’s India video push can meaningfully grow Prime membership. More than half of new Prime members come through Amazon’s video service, according to James Farrell, the company’s head of video in the Asia-Pacific region. Additionally, the company’s localized pricing strategy — Prime membership in India costs less than $10 per year — is likely to entice […]

Fuel cost sees 7% rise since start of dynamic pricing | ET EnergyWorld

Fuel cost sees 7% rise since start of dynamic pricing | ET EnergyWorld

KOLKATA: Both petrol and diesel prices in Kolkata have risen by more than 7% since June 16, when the government introduced dynamic pricing of fuel. Dynamic pricing, according to oil marketing companies, is to ensure the benefit of even the smallest change in international fuel prices can be passed on to dealers and consumers. The […]

Asia media giants unite for ad share, Opinion News & Top Stories | The Straits Times

Asia media giants unite for ad share, Opinion News & Top Stories | The Straits Times

On the other hand, some publishers are concerned that collaboration among traditional competitors brings its own complications. In many ways, selling ad impressions is like operating an airline. Like air carriers, publishers deal in a product (online impressions) that is limited, perishable and variable in price. These characteristics make it possible to control inventory availability […]

It’s best to leave contraception to those who need it | The Guardian

It’s best to leave contraception to those who need it | The Guardian

I am reeling, reeling, at this week’s extreme version of the soulless apology, where the other person, their chin held up awfully proudly, says: “I’m so sorry,” but then, “…if you were upset.” A crapology, if you will. That poisonous “if”. It stays bitter, fizzes on your tongue like last week’s hummus. The story began […]

Wayfair, Amazon, Walmart, and Sears all sell the same furniture with different names and prices | Quartz

Wayfair, Amazon, Walmart, and Sears all sell the same furniture with different names and prices | Quartz

It’s that time of year when kids are heading back to school, others are graduating or just moving house, and millions of individuals are shopping for new furniture. Increasingly, people are buying stuff like sofas and dressers—things they used to test out in person—on the internet, thanks to the free shipping and low prices offered […]

Lilly Plans Cuts as Pricing Pressure Drives New-Drug Push | Bloomberg Quint

Lilly Plans Cuts as Pricing Pressure Drives New-Drug Push | Bloomberg Quint

(Bloomberg) — Eli Lilly & Co. plans to cut 8.5 percent of its workforce in a bid to free up resources to fund new drugs, amid acute pricing pressure for some of its biggest products. The Indianapolis company said some of the 3,500 job cuts will come from early retirements, with about 2,000 positions set […]

Just Say No To Verizon’s New Discriminatory Behavioral Advertising Program | Shear on Social Media Law & Tech

Just Say No To Verizon’s New Discriminatory Behavioral Advertising Program | Shear on Social Media Law & Tech

According to The Wall Street Journal, Verizon Communications has a new rewards program, Verizon Up, that provides credits that wireless subscribers can use for concert tickets, movie premieres and phone upgrades. While this may sound great at first glance its really a wolf in sheep’s clothing that consumers should avoid. If you don’t want to […]