OnDemand WTP Pricing Research

Tag: Pricing Technology

Commentary: Make drugmakers justify their price increases | HeraldNet

Commentary: Make drugmakers justify their price increases | HeraldNet

At a time when we at Kaiser Permanente are working hard to find efficiencies that bring down costs, our pharmaceutical costs keep going up. In the last two years, prescription drug prices for Kaiser Permanente in Washington have increased by $70 million. The situation is even worse for specialty drugs. These higher-cost, hard-to-manufacture, or hard-to-handle/administer […]

Study Reveals Issues with Online Pricing Strategies | ShopSafe

Study Reveals Issues with Online Pricing Strategies | ShopSafe

Research conducted by academics in Bologna has revealed that while safe shopping online can often be the best way for consumers to hunt for a bargain, the rise of AI-controlled pricing systems might make this harder to achieve in the future. Experts warn that algorithms used to balance prices automatically across a number of major […]

Trump’s free market approach to drug pricing will help lower costs | TheHill

Trump’s free market approach to drug pricing will help lower costs | TheHill

During President Trump’s State of the Union speech, he spoke about the urgent need to lower prescription drug prices. He talked about global freeloading and the injustice of Americans paying more for drugs that are made here than foreign countries do. He discussed the need for price transparency, where drug manufacturers reveal their list prices […]

Fostering Transparency In The Pharmaceutical Market | Forbes

Fostering Transparency In The Pharmaceutical Market | Forbes

In response to the problem of rising list prices for drugs, elected officials continue to propose counterproductive reforms. Whether it is importing drugs from Canada or indexing U.S. drug prices to the prices charged in other countries, these policies will make the current bad situation worse because they fail to understand the disincentives that are […]

Drug pricing reforms will disrupt cancer care for millions | TheHill

Drug pricing reforms will disrupt cancer care for millions | TheHill

From dinner tables to the halls of Congress, the price of prescription drugs has recently dominated conversations across the country. Last year, President Trump unveiled the American Patients First blueprint to reduce the costs of prescription drugs and limit out-of-pocket costs for American consumers. In an effort to address drug costs, President Trump and Health and Human […]

The unintended consequences of tinkering with online prices | Phys.org

The unintended consequences of tinkering with online prices | Phys.org

When your online retail platform clears billions of transactions a year, what’s the harm in testing different prices for the same products on a relative handful of your customers? You might find a way to maximize revenue by increasing sales volume on your lower-priced products, right? Or, you might lock down sales on a product […]

‘Dynamic pricing’ can train us to shop smarter | Futurity

‘Dynamic pricing’ can train us to shop smarter | Futurity

When your online retail platform clears billions of transactions a year, what’s the harm in testing different prices for the same products on a relative handful of your customers? You might find a way to maximize revenue by increasing sales volume on your lower-priced products, right? Or, you might lock down sales on a product […]

Recent Drug Recall Prompts Possible Price Gouging Attempt | Axcess News

Recent Drug Recall Prompts Possible Price Gouging Attempt | Axcess News

Drug manufacturers Teva Pharmaceutical and Prinston Pharmaceutical were recently forced to recall the important drug valsartan after the Food and Drug Administration determined that the blood pressure medication might contain carcinogens. Drug manufacturer Alembic Pharmaceuticals was not affected by the recall, as its own version of the medication was not found to contain the same […]

Drug Maker Rolls Out a Price Transparency Policy | ThinkAdvisor

Drug Maker Rolls Out a Price Transparency Policy | ThinkAdvisor

Johnson & Johnson appears to have listened to President Donald Trump’s State of the Union Address Tuesday. Trump, in a portion of his speech devoted to health care, called on pharmaceutical companies to reveal “real prices” – presumably a reference to an administration proposal that would require drugmakers to show the full sticker price, or […]

Retailers Should Pay Extra Special Attention To Kroger’s Shelf Labeling Plans With Microsoft | Forbes

Retailers Should Pay Extra Special Attention To Kroger’s Shelf Labeling Plans With Microsoft | Forbes

While it is neat to see digital displays come to life within a store, and while the label shelving substrate alone is enough to make someone feel like they suddenly walked into an episode of Star Trek Next Generation, the “tech,” even with all its flashing fruit, should not overshadow why digital pricing displays are […]