Tag: Reference Pricing

Online art market could stagnate unless transparency is improved, study finds | The Art Newspaper

Online art market could stagnate unless transparency is improved, study finds | The Art Newspaper

Online art sales reached an estimated $4.2bn in 2017, up 12% year on year, this is lower than the 15% increase experienced in 2016, or the 24% rise in 2015. “Despite the online art market growing around 20-25% between 2013 and 2015, the last 24 months shows signs of a slowdown, perhaps as the industry […]

What advisers should know about the first reference-based pricing lawsuit | Employee Benefit Adviser

What advisers should know about the first reference-based pricing lawsuit | Employee Benefit Adviser

Under the new healthcare payment model known as ‘reference-based pricing,’ employers bypass the traditional insurance carrier contract and pay hospitals directly. The amount paid is based on a multiple of Medicare’s reimbursement rate rather than being based on a discount off of the hospital chargemaster. Supporters of this strategy often present reference-based pricing as a […]

Is That Sale Really a Sale? | NECN

Is That Sale Really a Sale? | NECN

There’s nothing like getting a bargain, but a sale is not always a sale. Boston Consumers’ Checkbook recently tracked prices of big-ticket items sold at major retailers for 44 weeks and found what they call questionable pricing policies at most of the stores. Many of the sale prices, even those advertised as big savings, were […]

J.C. Penney says it has cut jobs, offers muted outlook | The Sacramento Bee

J.C. Penney says it has cut jobs, offers muted outlook | The Sacramento Bee

NEW YORK – Department store chain J.C. Penney says it has cut more than 300 jobs and reported disappointing sales at established stores for the quarter that includes the holiday season. It also delivered a muted outlook, and its shares fell 6 percent. The news Friday overshadowed strong profits as investors worried about Penney’s ability […]

Pricing Strategy of HubSpot: The Inventor of ‘Inbound Marketing’ | Pratham Mantri

Pricing Strategy of HubSpot: The Inventor of ‘Inbound Marketing’ | Pratham Mantri

Pricing is the center of any business. It is everything you do from your copy writing and marketing to your product and support works to drive people to your pricing page and justify the number you’re charging. Pricing isn’t hard, it’s a process. Let us walk through the SaaS pricing pages of one of the […]

J.C. Penney bright spot among retailers | Arkansas Online

J.C. Penney bright spot among retailers | Arkansas Online

Ellison said the chain is trying to operate as a more “modern company” in a vastly changing landscape — and, in many cases, it’s playing catch-up. Ellison acknowledged to analysts on a call Friday that J.C. Penney was behind in chasing the active and casual clothing trend, and is using analytics to understand shoppers’ behavior. […]

Locals confused by 99 dollar lap-seat ticket price at the Ralph | WDAZ

Locals confused by 99 dollar lap-seat ticket price at the Ralph | WDAZ

I spoke with the General Manager of the Ralph today, he would not get into the specific phone call – but explained that their lap-seat tickets are always sold for the same price as general admission youth tickets. “With our dynamic pricing strategy and with our dynamic ticket policy, tickets this year for youth range […]

J.C. Penney’s Buzz Is Gone For Good | Forbes

J.C. Penney’s Buzz Is Gone For Good | Forbes

What haunts J.C. Penney? Competition from on line retailers is the first thing that comes in mind, as explained in the company’s financial report. Then there are two strategic mistakes made close to six years ago. The first mistake was the company’s pricing strategy – the replacement of sales through coupons with everyday low prices. The […]

California Burlington Coat Factory Deceptive Pricing Class Action Settlement | Top Class Actions

California Burlington Coat Factory Deceptive Pricing Class Action Settlement | Top Class Actions

Burlington Coat Factory of California LLC has agreed to settle a class action lawsuit alleging it used deceptive “Compare” reference prices on price tags which led customers to believe they were receiving a bargain over the same merchandise sold at other retailers. If you purchased items from a Burlington Coat Factory store in California or […]

Is Your Business Unknowingly Engaged in Deceptive Pricing | NCR Silver

Is Your Business Unknowingly Engaged in Deceptive Pricing | NCR Silver

Making comparisons to former prices What the guidelines say: One of the most common ways to advertise discount pricing is to offer a discount based on your own pricing. That’s legitimate, as long as you do it honestly. The former price must be one that the product was actually sold to the public for, and […]