Tag: promotional pricing

Letters: Uber’s Surge Pricing Is Merely Supply And Demand | Civil Beat

Letters: Uber’s Surge Pricing Is Merely Supply And Demand | Civil Beat

Steve Paselk’s recent letter (“Letters: Regulate Uber Drivers — For Their Own Good”) about Uber drivers purportedly earning a mere $9.21 per hour is unintentionally ironic, given the Honolulu City Council’s decision Wednesday to cap surge pricing (“City Council Votes To Cap Uber And Lyft Prices”) for all local ride-hail drivers. The study Paselk quoted contains myriad errors in its […]

More flexible taxis, Saskatoon ride-sharing rules expected this fall | Saskatoon StarPhoenix

More flexible taxis, Saskatoon ride-sharing rules expected this fall | Saskatoon StarPhoenix

The new rules for taxis and ride-sharing companies would eventually be rolled into the comprehensive bylaw, the report says. The numbers of taxi licences in Saskatoon would remain the same under the new rules at 160, but the 24 existing seasonal licences would be replaced by flex licences, allowing taxi companies to put more vehicles […]

Costco, Target and Walmart are in a price war | CNN Money

Costco, Target and Walmart are in a price war | CNN Money

All four companies have said in recent months that they lowered prices. Costco: “Price is at the top of our list,” Costco chief financial officer Richard Galanti told investors on Friday. “When prices are going down…we want to be the first to go down.” Costco (COST) is using its tax cuts savings to invest in […]

A Survey of 1,700 Companies Reveals Common B2B Pricing Mistakes | Harvard Business Review

A Survey of 1,700 Companies Reveals Common B2B Pricing Mistakes | Harvard Business Review

Pricing to the Average Is Always Wrong One-size-fits-all pricing actually fits no one. Yet it is not unusual for sales executives to admit that their ability to tailor prices at the customer and transaction level is rudimentary, or that they are not even aware of how much margin they make on deals. By contrast, more-advanced […]

Panel to engage warring online taxi companies, drivers | The Economic Times

Panel to engage warring online taxi companies, drivers | The Economic Times

Kumaraswamy, while in the Opposition, had extended support to Uber and Ola drivers protesting against declining earnings and incentives. Last year, the Janata Dal (Secular) leader helped launch a mobile app-based ride-hailing platform called Namma TYGR with driver-friendly terms but it failed to make a dent in the market. “Both Ola and Uber lured drivers […]

The Latest: Uber derides ‘surge pricing’ limit in Honolulu | Star Tribune

The Latest: Uber derides ‘surge pricing’ limit in Honolulu | Star Tribune

HONOLULU — The Latest on a Honolulu bill that would limit prices ride-hailing services can impose on riders (all times local): 5:15 p.m. Uber derided the measure passed by Honolulu leaders capping what ride-hailing services can charge during peak demand. Uber released a statement Wednesday calling the limit “a solution in search of a problem.” […]

Uber decries ride-hailing price cap passed in Honolulu | The Olympian

Uber decries ride-hailing price cap passed in Honolulu | The Olympian

Honolulu leaders approved a measure Wednesday to limit prices that ride-hailing services like Uber and Lyft can charge during peak demand, a cap that the companies say would be the first restriction of its kind in the United States. The measure would prevent “surge pricing” if increased rates are higher than the maximum fare set […]

The Grab effect, Brunch | THE BUSINESS TIMES

The Grab effect, Brunch | THE BUSINESS TIMES

Pink for surge pricing Danis Lou, passenger experience design lead, believes that design is key to problem-solving. He leads a team that is responsible for the look and feel, and user experience, of the Grab rider app. Recently redesigned, the app now boasts a softer colour palette that retains Grab’s iconic shade of green and […]

Uber, Lyft drivers pinched by higher gasoline prices | AFP

Uber, Lyft drivers pinched by higher gasoline prices | AFP

After a two-year dive, oil prices began recovering in spring 2016 and have stayed higher amid OPEC production agreements and rising global demand. The oil market has recently gotten a lift from the uncertainty generated by the US pullout from the Iran nuclear accord and by ongoing strife in Venezuela. Under the systems set up […]

How incentives in the gig economy put workers at risk | Philly

How incentives in the gig economy put workers at risk | Philly

Uber does not specifically introduce incentives to get drivers out in bad weather, said Danielle Filson, a spokeswoman for the company. But its surge pricing, where rates can balloon more than three times the baseline in the event of a situation like a snowstorm, acts as a de facto encouragement, since demand often increases in bad weather. […]