Tag: Pricing Psychology

Chico law banning price gouging approved | Chico Enterprise-Record

Chico law banning price gouging approved | Chico Enterprise-Record

CHICO — A law prohibiting price gouging in the wake of the Camp Fire was approved unanimously by the Chico City Council Friday morning. The vote extends out to six months provisions of an existing state law that bans gouging the 30 days after an emergency has been declared. Generally the law prohibits any price increase […]

A Fifth of Private Colleges Report First-Year Discount Rate of 60 Percent, Moody’s Says | The Chronicle of Higher Education

A Fifth of Private Colleges Report First-Year Discount Rate of 60 Percent, Moody’s Says | The Chronicle of Higher Education

In general, the report says, small private colleges are discounting more than their larger peers are, partly because smaller colleges offer mostly undergraduate programming. The median discount rate will most likely continue to rise, the report predicts, to 39 percent in 2019, a five-percentage-point bump from 2014. Rising discount rates will continue to stifle private […]

Uber Rewards gives ride discounts and other perks to frequent riders | USA Today

Uber Rewards gives ride discounts and other perks to frequent riders | USA Today

Four levels, each with different perks The points will go toward placing you in one of four tiers – Blue, Gold, Platinum and Diamond – that will determine what perks you are eligible for. Blue is the standard level, with every 500 points netting you $5 in Uber Cash, the company’s virtual currency that can be used […]

Surge in Buckfast sales blamed on minimum pricing ‘trade off’ from ciders | HeraldScotland

Surge in Buckfast sales blamed on minimum pricing ‘trade off’ from ciders | HeraldScotland

IT was a landmark pricing policy designed to transform Scotland’s troublesome relationship with alcohol. But nearly six months after minimum unit pricing (MUP) was introduced, a spike in demand for Buckfast has led to claims that problem drinkers are switching from high-strength ciders to the potent tonic wine. An overall surge in alcohol revenues from […]

Oklahoma sees high prices for medical pot amid scarce supply | Charlotte Observer

Oklahoma sees high prices for medical pot amid scarce supply | Charlotte Observer

Oklahoma voters in June approved use of marijuana for medicinal purposes. The law allows licensed medical marijuana patients to possess up to 8 ounces of marijuana, six mature plants and six seedlings, along with edibles and concentrated forms of the drug. The state began accepting applications for licenses from patients, growers, dispensaries and caregivers in […]

Cryptocurrency Price Prediction: Study Explains Why The Price Of Cryptocurrencies Are Propping Up | Cryptocurrency News Today

Cryptocurrency Price Prediction: Study Explains Why The Price Of Cryptocurrencies Are Propping Up | Cryptocurrency News Today

According a new study, the cryptocurrency market is contentious because it is largely influenced by belief heterogeneity. However, even if personal sentiments and discord are great influencers, they aren’t enough to keep the industry going indefinitely. This is according to a research conducted by a finance lecturer, Wang Chun Wei PhD in the University of […]

Is this the end of unexpected car rental surcharges? | The Washington Post

Is this the end of unexpected car rental surcharges? | The Washington Post

More than 40 states levied a charge on short-term rental cars, according to a 2015 survey by the National Conference of State Legislatures. Among states that tax car rentals, the rates were as much as Maryland’s 11.5 percent. But not all the fees are outside a rental company’s control. Julie Codrington, a computer technician from […]

Can you ask your mechanic for better pricing? | Driving

Can you ask your mechanic for better pricing? | Driving

For example, Napa lists almost 20 different front brake pad options, ranging from $41 to $274, for a 2013 Honda Civic. Of course there are differences in quality, noise level, lifespan and performance, and as with most things in life, the cheapest isn’t always the worst and the most expensive isn’t always the best. Few […]

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Government launches inquiry into online pricing The government is launching an inquiry into online pricing that will look into how personal data can be used to set individual prices for items such as holidays, cars and household goods. The research, conducted by the competition watchdog, will consider the use and prevalence of ‘dynamic pricing’ and […]

Meru CEO on how its new marketplace model beats surge pricing | CIO

Meru CEO on how its new marketplace model beats surge pricing | CIO

Meru’s win-win formula If you look at a typical marketplace, it allows the supplier to set the price.  For instance, a hotel aggregator doesn’t mandate all 5-star hotels to offer the same price. However, if you look at the shared mobility space, the price is decided by the cab aggregator – there are fixed slabs […]