Tag: Pricing Psychology

Brand behaviour affects purchase for 100m ‘corpsumers’ | WARC

Brand behaviour affects purchase for 100m ‘corpsumers’ | WARC

In the U.S., brands have found themselves front and centre in some of this year’s most significant news, and their conduct is more visible than ever. In the wake of Hurricanes Harvey and Irma last week, companies have been pledging to support the affected regions. However, other brands have come in for intense criticism as […]

How supermarkets use particle physics to save thousands of tonnes of food waste | The Independent

How supermarkets use particle physics to save thousands of tonnes of food waste | The Independent

Blue Yonder’s algorithm breaks down decisions to the finest grain possible, the Professor says, so that supermarkets can cut waste while also ensuring they don’t run out of stock. However, there is always a trade-off between the two and ultimately the supermarket makes the final decision. Blue Yonder can also change the prices of items […]

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 […]

United Airlines Just Admitted That Its Sub-Cattle Class Isn’t Working So Well (American Seems to Like It) | Inc.com

United Airlines Just Admitted That Its Sub-Cattle Class Isn’t Working So Well (American Seems to Like It) | Inc.com

For airlines, good ideas often revolve around the idea of making money. Recently, then, both United Airlines and American Airlines thought they’d try something that they thought would be a hit. This was the notion of offering (allegedly) cheaper fares, while at the same time taking away what used to be basic privileges, like having […]

Amazon Faces Angry Twitter Mob Over $100 Water | Euronews

Amazon Faces Angry Twitter Mob Over $100 Water | Euronews

An Amazon representative told NBC News in a statement that the company does not “engage in surge pricing and product prices do not fluctuate by region or delivery location.” “We are actively monitoring our website and removing offers on bottled water that substantially exceed the recent average sales price. Prices have not widely fluctuated in […]

Amazon Water Case Prices Spike Ahead Of Hurricane Irma | Crime Time

Amazon Water Case Prices Spike Ahead Of Hurricane Irma | Crime Time

In a statement, the company denounced surge pricing. “We do not engage in [it],” the spokeswoman said in a statement. “Amazon prices do not fluctuate by region or delivery location. Prices on bottled water from Amazon, and third-party sellers that are doing their own fulfillment to customers, have not widely fluctuated in the last month.” That […]

Bobbi Brown Is Launching a Line of Affordable Lip Products | Allure

Bobbi Brown Is Launching a Line of Affordable Lip Products | Allure

The only thing that makes us happier than a good beauty bargain is when said bargain comes from a high-end brand — like, say, Bobbi Brown. With us? We’ve got some news you’re going to love: Bobbi Brown Cosmetics is officially launching a lower-priced range of makeup. After taking the no-makeup look to the next […]

United Keeping `Painful’ Discounts to Fend Off Low-Fare Airlines | Bloomberg

United Keeping `Painful’ Discounts to Fend Off Low-Fare Airlines | Bloomberg

United Continental Holdings Inc. vowed to keep discounting fares amid an expanding price war that contributed to a projected $400 million blow to third-quarter sales. The third-largest U.S. carrier will continue fighting low-cost carriers with cheap tickets at major hubs despite the short-term pain, Chief Financial Officer Andrew Levy told investors Wednesday. The clash is adding […]

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon said it doesn’t engage in surge pricing, and denied that bottled water prices have changed recently. “We do not engage in surge pricing,” the spokeswoman said in a statement. “Amazon prices do not fluctuate by region or delivery location. Prices on bottled water from Amazon, and third-party sellers that are doing their own fulfillment […]

OEM trust in purchase price variance (PPV) and open-book pricing | VentureOutsource.com

OEM trust in purchase price variance (PPV) and open-book pricing | VentureOutsource.com

What should electronics solutions cost me? Whether you’re an electronic OEM category manager, in manufacturing finance costing, director of new product launch or, you participate in corporate strategy decision-making evaluating electronic solutions partners, you want to know your OEM company is getting a reasonable deal when it comes to EMS pricing. You’re not alone but […]