Tag: Reference Pricing

Businesses fined for selling goods above MRP, not displaying prices | Borneo Bulletin Online

Businesses fined for selling goods above MRP, not displaying prices | Borneo Bulletin Online

TWO businesses were each issued a compound fine of BND500 for selling price-controlled goods above their maximum retail price (MRP), including cooking oil, formulated powdered milk, and rice, while another two businesses were issued warning notices for not displaying price tags during an inspection. The inspection was conducted in Kampong Tanjung Bunut and Sengkurong by […]

Fake discounts in stores fool some shoppers more than others—here’s why | MarketWatch

Fake discounts in stores fool some shoppers more than others—here’s why | MarketWatch

It’s an experience most of us have had when shopping in a store. You’re rifling through the sales rack in search of a bargain. You find a shirt and trying to decide if it’s worth buying, so you look at the original price. But if you’re shopping at a dishonest retailer, what’s on the price […]

How good is your pricing strategy and how well does your sales team apply it? | Aggregate Research

How good is your pricing strategy and how well does your sales team apply it? | Aggregate Research

In this, the second in our series of “ARI Management Masterclass” features, we are taking a look at pricing strategies. Between now and the end of the year, we are going to present you with a carefully selected group of in-depth features looking at the “Six Deadly Sins” that many aggregates businesses commit every day. […]

DENNIS ZINK: My two cents on pricing | Herald-Tribune

DENNIS ZINK: My two cents on pricing | Herald-Tribune

According to Wikipedia, pricing is the process whereby a business sets the price at which it will sell its products and services and may be part of the business’s marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the market-place, competition, […]

What Artist Must Know about Pricing Consistency | Artsy Shark

What Artist Must Know about Pricing Consistency | Artsy Shark

We recently spoke about a hot topic for many artists – pricing your work. She shares insights to help artists gain clarity and overcome the challenges that pricing can present. AS: Why is art pricing consistency so important? CM:  Prices for your artwork must be universally consistent. This means that the retail price of artwork […]

Online Art Sales Are in Danger of Lagging — But There’s a Way to Fix It | MutualArt

Online Art Sales Are in Danger of Lagging — But There’s a Way to Fix It | MutualArt

Social media may be revolutionizing the art world, but online sales are in danger of stagnating, according to a report from fine art insurer Hiscox and art research firm ArtTactic. The key stumbling block? A lack of information and price transparency. It’s something older collectors are used to, but for 90% of new art buyers, […]

City or country: Where will reference-based pricing work best? | Employee Benefit Adviser

City or country: Where will reference-based pricing work best? | Employee Benefit Adviser

Benefits brokers know that healthcare is local. When it comes to alternatives to a fully-funded benefit strategy, brokers typically consider new ideas and plan designs in the context of whether it will work in their specific market. Reference-based pricing, which is changing the way self-funded employers pay for healthcare, is no different. Brokers on the […]

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 […]