Tag: Pricing Science

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 […]

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 […]

Trainline uses predictive analytics to help rail passengers save money | Computer Weekly

Trainline uses predictive analytics to help rail passengers save money | Computer Weekly

Trainline has revealed details of how it is using predictive analytics to help rail passengers save money when buying tickets on its app through the roll-out of its Price Prediction tool. This service uses big data to judge how the price of an advance ticket will increase in the days leading up to the passenger’s […]

Casey’s Looks to Optimize Digital & Pricing Opportunities | Convenience Store News

Casey’s Looks to Optimize Digital & Pricing Opportunities | Convenience Store News

At the same time, Casey’s is interviewing consultants to assist the convenience store chain with developing a new price optimization program. “Currently, many of the products at our stores are priced consistently across our 15-state market area,” Handley explained. “We believe we have an opportunity to take advantage of differences and market conditions related to pricing […]

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 […]

How Healthi is using predictive analytics to promote preventive healthcare | YourStory

How Healthi is using predictive analytics to promote preventive healthcare | YourStory

The challenges “When we started we thought our biggest challenge would be taking the healthcare report and making sense of it. But what we found was that most partners we worked with had customised systems and no standard mechanisms. So the challenge was how do we talk to multiple players and get the systems to […]

A proactive approach to working with regulators | PropertyCasualty360

A proactive approach to working with regulators | PropertyCasualty360

The relationship between insurers and regulators has always been challenging. This is true for any number of reasons, some of which are understandable given the nature of the roles that regulators perform, and the sheer number of requirements across the U.S. For instance, an approach to policy pricing that’s approved by regulators in one state […]

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, […]

Healthcare spending, price growth slows in 2017 but job growth spikes | Healthcare Finance News

Healthcare spending, price growth slows in 2017 but job growth spikes | Healthcare Finance News

Healthcare spending growth slowed in 2016, and the trend appears to be continuing, according to the August 2017 Altarum Institute Center Health Sector Trend report. According to the report, spending grew by only 4.6 percent in 2016 and estimates based on new data have the downward trend continuing with growth for the first half of […]

What Does It Take To See Gentrification Before It Happens? | NPR

What Does It Take To See Gentrification Before It Happens? | NPR

Big data is a shorthand term for the insane amounts of information being generated by human beings in our digital world. From cellphones to credit card transactions to social media, we are all leaving digital contrails of almost all of our activity in the world. Learning how to harvest and analyze these digital traces en […]