Tag: Pricing Psychology

Apply These 4 Pricing Tactics to Drive Major Revenue | Small Business Trends

Apply These 4 Pricing Tactics to Drive Major Revenue | Small Business Trends

Pricing is one of the most important aspects of running a successful business, yet most entrepreneurs give it very little thought or scrutiny. Why is this? And how can you change the way you view pricing in your own business? The Problematic Pricing Plague If you think about it, the price of the products and […]

WRS Dumpster Rental Provides Upfront Pricing on All Services | Digital Journal

WRS Dumpster Rental Provides Upfront Pricing on All Services | Digital Journal

King of Prussia, PA — (SBWIRE) — 09/05/2017 — Residents who are searching for a dumpster rental in Philadelphia, PA and don’t want to deal with the hassle of non-direct services are calling WRS Dumpster Rental for their upfront pricing. Renting a roll-off dumpster from a professional dumpster service in Philadelphia, PA can be a […]

There’s no cost for getting the price right | Parkes Champion-Post

There’s no cost for getting the price right | Parkes Champion-Post

Ever wondered how the successful companies set their prices? Parkes retailers have the opportunity to attend an upcoming free Pricing Your Products Masterclass aimed at discussing the intricacies of pricing and how to develop a pricing mindset. This free class, with refreshments provided, will be held on Wednesday, September 6 from 11.30am until 2.30pm at the Hart Bar, […]

4K movies on Apple TV: Price dogfight breaks out | news.com.au

4K movies on Apple TV: Price dogfight breaks out | news.com.au

Apple is reported to be in furious negotiations with Hollywood studios to bring down the cost of 4K movies purchased in iTunes to make them about the same price as regular HD movies. Being able to tell customers they are getting access to better value 4K movies would help Apple provide a point of difference […]

New app solves local dining debate with luck | Newark Post

New app solves local dining debate with luck | Newark Post

Cherian Thomas could notice a trend on the horizon: dynamic pricing was helping some of the internet age’s biggest companies swallow up market share. But he was troubled when some of those best practices weren’t being applied to one of the most common choices that customers make: where to eat. “When you look at Priceline, […]

Farmers Insurance asks court to block state review of auto rates and a possible refund order | LA Times

Farmers Insurance asks court to block state review of auto rates and a possible refund order | LA Times

The roots of the Farmers case are quite different, but ultimately involve the issue of whether the commissioner can order a retroactive rate cut or otherwise tinker with already approved rates. The case started with a 2015 lawsuit brought by Farmers customers who alleged that the company had been illegally charging some customers more than […]

Try as it might, LTFRB can’t repeal the law of supply and demand | Rappler

Try as it might, LTFRB can’t repeal the law of supply and demand | Rappler

Regulating ‘surge pricing’ Market prices orchestrate the decisions of consumers and producers. In the case of Uber and Grab, riders want to hail vehicles when prices are low, while drivers want to ply the streets when prices are high (or “surge”). Governments worldwide are particularly keen to regulate “surge pricing.” It is often taken as […]

Predictive Analytics in Insurance | Actuarial Post

Predictive Analytics in Insurance | Actuarial Post

2 – Take a strategic approach to deployment Implementation of predictive models is arguably one of the biggest hurdles within the whole process. During this phase, the models are integrated with existing systems. The best thing to do is take a strategic approach by starting deployment with a system that will make the output easy […]

Coup launches new electric scooter service in Paris and faces off with Cityscoot | TechCrunch

Coup launches new electric scooter service in Paris and faces off with Cityscoot | TechCrunch

Coup can keep an eye on the fleet of scooters as they’re all connected. When the battery level is low, the company can swap the battery for a brand new one. Coup costs €4 for the first 30 minutes and then €1 every ten minutes. Cityscoot works more or less the same way but costs […]

How ‘Gaming’ the System Helped This Business Get Thousands More Customers | Entrepreneur

How ‘Gaming’ the System Helped This Business Get Thousands More Customers | Entrepreneur

Sometimes it’s busy, sometimes it’s slow. Such is the nature of running nearly any kind of business. Off-season lulls seem to drag on forever, and bad weather causes customers to change their plans and spend their dollars elsewhere. Simply offering a coupon, sale, matinee price or happy hour doesn’t always cut it. Even dynamic, demand-based […]