Tag: Pricing Power

“Luxury” versus “discount” pricing and the meaning of the number 9 | Sociological Images

“Luxury” versus “discount” pricing and the meaning of the number 9 | Sociological Images

I discovered a nice gem of an insight this week in an article called The 11 Ways That Consumers Are Hopeless at Math: the symbolism of the number 9. We’re all familiar with the convention of pricing items one penny below a round number: $1.99 instead of $2.00, $39.99 instead of $40.00, etc. Psychologically, marketers know […]

Apple allowing retailers to slash pricing on older iPhones to gain traction in India | nyoozy

Apple allowing retailers to slash pricing on older iPhones to gain traction in India | nyoozy

The business realities of India as a market have pushed Apple to allow authorized vendors to cut prices dramatically in India on older phones, dating as far back as the iPhone 5. A report on Monday morning from Bloomberg, citing market research studies, claims that the iPhone 5S, and other older iPhones, make 55 percent […]

Apple intros ‘HomePod’ wireless speaker – announces release date and pricing | Hidden Wires

Apple intros ‘HomePod’ wireless speaker – announces release date and pricing | Hidden Wires

When will Apple release HomePod? Apple HomePod will be available starting in December, initially in Australia, the UK and the US – potentially to be followed by other countries in 2018. Apple say it will launch at a price of $349 (roughly £270) in the US, with official pricing for Australia and the UK will […]

Digital Home Assistants Are a ‘Terrible’ Market for Apple, Says This Bearish Stock Analyst | TheStreet

Digital Home Assistants Are a ‘Terrible’ Market for Apple, Says This Bearish Stock Analyst | TheStreet

Apple Inc.’s (APPL) new HomePod assistant, and the company’s drive into services revenue, could weaken its ability to raise iPhone prices over the longer term, according to one of the few research firms without a buy rating on the world’s biggest tech company. Apple unveiled its newest piece of hardware — the first since the […]

Aramco Raises Crude Pricing to U.S. and Asia on Increased Demand | Addiyar

Aramco Raises Crude Pricing to U.S. and Asia on Increased Demand | Addiyar

Saudi Arabia, the world’s largest oil exporter, raised pricing for July sales of all crude grades to Asia, the U.S. and Northwest Europe as it seeks to take advantage of increased demand after suppliers extended production cuts to help curb a global glut. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, increased official pricing […]

Weekend Project: Real World AirBnB Data Science and Pricing Bot | Berlin Buzzwords

Weekend Project: Real World AirBnB Data Science and Pricing Bot | Berlin Buzzwords

This tutorial is motivated by the speaker’s own experience–he has a spare apartment and a guest apartment in the Logan Square neighborhood of Chicago that he began renting on Airbnb.  Trapped indoors throughout the savage Chicago winter, he spent his time building a bot that seeks to optimize the listing price and apartment description for […]

Apple iPhone 8 rumors: UBS on price, product mix, ASP | Business Insider

Apple iPhone 8 rumors: UBS on price, product mix, ASP | Business Insider

Currently, Apple charges $649 or more for an iPhone 7, and the iPhone 7 Plus costs $769 and up. Some analysts have previously entertained the possibility that the iPhone 8 could cost $1,000 or more, but under Milunovich’s assumptions, that would be the high-end price, not the starting price. Milunovich also forecasts that the redesigned […]

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Pricing power is something shareholders crave. Smaller banks such as Bendigo Bank will get a lift from the tax. Photo: Brendan Esposito It refers to a firm’s ability to set prices for the goods and services in the market – to be a “price maker” – rather than to have them dictated by the forces of competition (being […]

iPhone’s pricing strategy | Global Pricing Strategies

iPhone’s pricing strategy | Global Pricing Strategies

Tim Cook, as the current CEO of Apple, stated that apple never had an objective to sell a low-cost phone and the primary objective of Apple is to sell a great phone and provide a great experience. Apple’s skimming pricing strategy allowed apple to increase their profit as selling a high price. Although this skinny […]

Economy Watch: Top Rental Markets Still Seeing Price Increases | Multi-Housing News

Economy Watch: Top Rental Markets Still Seeing Price Increases | Multi-Housing News

Despite talks of a pricing slowdown, the most expensive rental markets in the U.S. saw price increases in April, according to Zumper’s latest report. San Francisco and New York City remain the top two rental markets in the country. Changes in apartment asking rents in the top 100 U.S. rental markets were a mixed bag […]