Tag: Product Pricing Strategy

Pricer’s Points: The decoy effect: Why you make irrational choices every day (without even knowing it) | Kent Hendricks

Pricer’s Points: The decoy effect: Why you make irrational choices every day (without even knowing it) | Kent Hendricks

The decoy effect describes what happens when, while choosing between two items, a third item is introduced that causes you to switch your preference between the first two items. A few weeks ago, I was at a clothing store trying to decide between two shirts. I liked the way one shirt fit, but I liked […]

Bitcoin price crash: This is the reason cryptocurrency prices are plummeting | Express.co.uk

Bitcoin price crash: This is the reason cryptocurrency prices are plummeting | Express.co.uk

Express.co.uk recently spoke with Ryan Derks, an investor with years of experience under his belt who now runs his own federally registered fund specialising in cryptocurrencies, who was eager to explain why Bitcoin is coming down from such a dramatic high. He said: “What happened with Bitcoin over the last three to four months is […]

Not so magical: Disney raises the cost of park admission again! | WSB-TV

Not so magical: Disney raises the cost of park admission again! | WSB-TV

Disney’s new price increases Much like the airlines and a host of other industries, Disney shifted the price of a day pass based on demand back in 2015. The company created three tiers of pricing at that time — “Value,” “regular” and “peak” — and has kept them in place ever since. New pricing at the […]

Bitcoin price CRASH sees ‘cryptocurrency billionaires’ suffer HUGE hit in financial value | Express

Bitcoin price CRASH sees ‘cryptocurrency billionaires’ suffer HUGE hit in financial value | Express

Many of them enjoyed a 14,409 average per cent rise to the coins in their wallets in 2017. The news has come as last week saw a mass sell-off of cryptocurrencies, leading prices to drop to their lowest levels for several months. The news has come as last week saw a mass sell-off of cryptocurrencies, […]

A hipster’s nightmare as avocado prices surge | The Daily Advertiser

A hipster’s nightmare as avocado prices surge | The Daily Advertiser

IT’S enough to make a millennial cry. Prices are soaring as demand for avocados has outweighed supply over the last month, causing a national shortage. In one of Wagga’s big supermarket chains Hass avocados are being sold for $4 each, and in capital cities prices have risen to almost $8 each. SUPPLY AND DEMAND: The high […]

Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin is having a bad year as it plummeted to a two month low of $7,8989.07 on Friday, according to CoinDesk.com. The cryptocurrency fell 11.75 percent to $7,989.07 at 12:09 in London. The global cryptocurrency market has had over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday. The total market […]

Celanese (CE) Hikes Prices of Acetyl Intermediates Products | Zacks.com

Celanese (CE) Hikes Prices of Acetyl Intermediates Products | Zacks.com

Celanese Corporation (CE – Free Report) is raising the list and off-list selling prices of acetyl intermediates products — Ethyl Acetate, MIBK and MIBC. The price hike is effective from Feb 1 or as contracts permit, and is incremental to any prior hikes announced by the company. In USA & Canada and Mexico & South […]

Prices of imported phones, LED panels, beauty care products may rise on custom duty hike | The Economic Times

Prices of imported phones, LED panels, beauty care products may rise on custom duty hike | The Economic Times

NEW DELHI: Experts may say it’s a budget aimed at the upcoming elections, but upwardly mobile urban consumers will have to pay more for almost everything they covet— from cranberry juice and iPhones to sunglasses and lipsticks —due to higher customs duty. Not just the long list of items on which finance minister Arun Jaitley […]

IKEA’s Success Can’t Be Attributed to One Charismatic Leader | Harvard Business Review

IKEA’s Success Can’t Be Attributed to One Charismatic Leader | Harvard Business Review

IKEA’s success did not result from the kind of planful strategy development that is still taught in some business schools. Quite the contrary.  It has been mixture of emergence, haphazardness, and invention through necessity.  For example, when the first IKEA catalogue came out in 1951, many retailers had similar, mail-order business models. To crush the […]

Why lobster prices have stayed low in supply crunch | Undercurrent News

Why lobster prices have stayed low in supply crunch | Undercurrent News

The harvesters, processors and sellers of North American lobster are living in strange times indeed. Though the US and Canada, in 2017, saw their first decline in combined landings in nine years and global demand is continuing to surge, prices have managed to move forward by just a few inches. The price of whole live […]