Tag: Segmentation

Regal Cinemas will introduce surge pricing at some movie theaters next year — Quartz

Regal Cinemas will introduce surge pricing at some movie theaters next year — Quartz

Markets work best when highly valued goods and services are more expensive. And generally, people are fine with that. We understand that prime cuts of filet mignon cannot cost the same as McDonald’s burgers, and that there’s a reason first-class plane tickets cost more than coach. If these things were all the same price, it […]

British Airways Hints at Disrupting Its Loyalty Program in 2018 | Skift

British Airways Hints at Disrupting Its Loyalty Program in 2018 | Skift

The blog Ultima Llamada spotted the slide in the presentation that showed that IAG was working towards a “progressive introduction of dynamic pricing from 2018.” This means that instead of a standard award chart where travelers book a 25,000 mile domestic fare, for example, members of British Airways’ Executive Club would see award tickets priced as […]

Regal considering raising ticket prices for hit movies, lowering them for bombs | commercial appeal

Regal considering raising ticket prices for hit movies, lowering them for bombs | commercial appeal

Moviegoers could soon be paying more to see blockbuster movies and less for bombs. Regal Entertainment Group, the Knoxville-based chain of movie theaters, announced last week it would begin testing demand-based pricing for films, according to Bloomberg News, which cited CEO Amy Miles’ quarterly call with analysts. … “Changes to the historical pricing structure have […]

Monro CEO Lays Out 5 Ways to Improve Store Traffic | Modern Tire Dealer

Monro CEO Lays Out 5 Ways to Improve Store Traffic | Modern Tire Dealer

1. Store operations. Ponton says the company will “establish a standard in our appearance, store layout, merchandise strategy and in-store experience so every store across our chain can offer the same best –in-class customer service.” It will start with “simplifying our selling approach” and optimizing Monro’s product mix with a clearly defined strategy of good, […]

Should Dynamic Pricing Come To The Megaplex? Regal Plans 2018 Tests | Deadline

Should Dynamic Pricing Come To The Megaplex? Regal Plans 2018 Tests | Deadline

With dynamic pricing unlocking new revenue for some ticket sellers in the theatre and music industries — not to mention travel, hospitality and other economic sectors — Regal Entertainment Group plans to test the concept in movie theatres. The major exhibitor says it will team with ticketing startup Atom Tickets for trials in several markets. “This […]

Poor shoppers ‘paying highest prices’ | BBC News

Poor shoppers ‘paying highest prices’ | BBC News

A study of grocery prices in the south of Scotland has found poorer, rural communities are often charged the highest prices by retailers. Citizens Advice compared the cost of 11 essentials, including bread, milk and cheese and found prices could triple depending on the purchase area. The study also found that nappies and tampons had […]

Can Peter Thiel pull a rabbit from his hat with Palantir? | PE Hub

Can Peter Thiel pull a rabbit from his hat with Palantir? | PE Hub

What could go wrong for Palantir? There are downside risks to monitor. Although there are several great things going on for Palantir, we would caution investors on the following potential downside risks for the company: Unclear long-term profitability potential: We are encouraged by recent media reports that Palantir remains on track to become profitable by […]

HomeAdvisor CEO Chris Terrill says Angie’s List will be reignited | IndyStar

HomeAdvisor CEO Chris Terrill says Angie’s List will be reignited | IndyStar

Ken Copley, an analyst and portfolio manager with Iowa-based Capital Executive LLC, who has followed Angie’s List, said he’s not surprised to hear that Angie’s List’s staffing has leveled off, but added he’s skeptical that the combined company will expand its workforce in Indianapolis. “I don’t know about the growth. It might be marginal,” Copley said. […]

Execute Your Plans with Courage, Not Hubris | Strategic Pricing Solutions

Execute Your Plans with Courage, Not Hubris | Strategic Pricing Solutions

If the team has identified certain products as being superior to competing alternatives, and has quantified how that superiority creates value for customers versus the alternatives, those products should have higher prices than the competitors’.  If that means raising some prices more than expected, so be it.  If the team is afraid to execute the […]

With a New App, You Can Live the Yacht Life for $120 a Day | Bloomberg

With a New App, You Can Live the Yacht Life for $120 a Day | Bloomberg

Yachting the French Riviera carries connotations of Champagne-fueled deck parties, zipping around the turquoise sea on jet skis, and having a crew to spray your sun-dappled face with Evian mist—all for the bare-minimum price of $10,000 per week. … Sort of like Bolt Bus or MegaBus, Float is built on the principle of dynamic pricing: […]