SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Pricing Model

No surge pricing now, but a flat-fare structure similar to metered fares soon: ComfortDelGro, Transport | THE BUSINESS TIMES

No surge pricing now, but a flat-fare structure similar to metered fares soon: ComfortDelGro, Transport | THE BUSINESS TIMES

THERE will be no surge pricing for now, but a flat-fare option based on current fare structures will be introduced in two to three weeks’ time for the mobile app users of Singapore’s largest taxi company, ComfortDelGro. This comes even as Singapore’s third-largest taxi company, SMRT, said that it will be introducing surge pricing, which […]

Discussion: How Hype and Greed Are Ruining Chinese Bike-Sharing (i.e., Mobike and Ofo) | Jeffrey Towson

Discussion: How Hype and Greed Are Ruining Chinese Bike-Sharing (i.e., Mobike and Ofo) | Jeffrey Towson

During the 2007 financial crisis, former Citigroup CEO Charles Prince famously said: “When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance.” Looking at the bike-sharing business in China today, you see a lot of such dancing. You […]

“Dynamic Pricing” System for Taxis | REACH

“Dynamic Pricing” System for Taxis | REACH

The Land Transport Authority (LTA) and Public Transport Council (PTC) in a joint statement today (17 Mar) announced that taxi companies will be implementing a new “dynamic pricing” system (i.e. surge pricing) in which fares will vary according to passenger demand. The proposal for such a system was put forth by cab operators. This new […]

Dynamic-pricing option for taxi operators approved | TODAYonline

Dynamic-pricing option for taxi operators approved | TODAYonline

The new surge pricing model will complement the existing metered-fare model for commuters SINGAPORE — Paving the way for a sea change in how demand for taxis will be met during peak hours, the Public Transport Council (PTC) and Land Transport Authority (LTA) on Friday (March 17) gave several traditional taxi operators the green light […]

Three-tier pricing in effect as Hillside Festival eyes change | GuelphMercury.com

Three-tier pricing in effect as Hillside Festival eyes change | GuelphMercury.com

The situation got a lot worse in 2016, with Hillside estimating it sold 58% of its weekend passes, almost all of its Saturday passes, two-thirds of its Sunday passes and under one-third of its Friday evening passes. For 2017, Hillside is trying a new pricing strategy — a three-tier, step-up pricing system that has seen […]

J C Penney Company Inc (JCP): Data is Key to the New Pricing Algorithm | Smart Stock News

J C Penney Company Inc (JCP): Data is Key to the New Pricing Algorithm | Smart Stock News

Management is overhauling its merchandising approach by editing out brands/styles, investing in speed, building out its plus-size business and shifting mix towards casual/athletic … JCP’s new pricing strategy cuts across initial markups, coupons and clearance and should benefit sales/GM as it relies more on data to drive its pricing and couponing decisions. The company has […]

Solving Regional Traffic Congestion Through Pricing | Reason Foundation

Solving Regional Traffic Congestion Through Pricing | Reason Foundation

Under our current system, motorists can drive as much as they want with the price of gasoline as the only limiting factor. Our roads operate as an all you can eat buffet, not as a properly priced scarce public good. Government transportation agencies may invest in added lanes, or dream up hypothetical solutions such as a […]

No surging towards dynamic pricing | The Straits Times

No surging towards dynamic pricing | The Straits Times

The surge of interest in dynamic pricing among taxi operators is a natural response to the growing competition from private-hire cars. Transport network companies based on technology, like Uber and Grab, have changed the game by taking cheaper fares during off-peak hours and higher fares when demand exceeds supply, for example during the rush hour. […]

Surge Pricing: Is It Right for Tax and Accounting Firms | CPA Practice Advisor

Surge Pricing: Is It Right for Tax and Accounting Firms | CPA Practice Advisor

Surge pricing: Some call it price gouging, others call it the price of convenience. Still others just call it supply and demand. If you’ve used Uber or one of its competitors in a large city, particularly during peak traffic hours or during special events, you’ve likely paid what is known as surge pricing. But Uber […]

News: Quake Champions Adopts Super Mario Run Pricing Model | MegaGames

News: Quake Champions Adopts Super Mario Run Pricing Model | MegaGames

Quake Champions, the latest iteration in the two decades old fast-paced arena shooter series, is adopting the same controversial pricing model Nintendo pioneered for Super Mario: Run. Speaking to Polygon, creative director Tim Willits revealed that Quake Champions players will get to play the full game with a single champion for free, or pay a […]