Tag: services pricing

Colorado bill relies on transparency to lower health care prices, critics say it might not work | Denver Post

Colorado bill relies on transparency to lower health care prices, critics say it might not work | Denver Post

Let’s say you need a colonoscopy. (Sorry about that.) And let’s also say you know there’s one hospital in Colorado that quotes a price of more than $5,000 for the procedure and several that quote a price of around $1,500 and a couple more that come in with prices under $1,000. Would you choose to […]

Will the proposals for fee transparency really improve consumer access to legal services? | Today’s Conveyancer

Will the proposals for fee transparency really improve consumer access to legal services? | Today’s Conveyancer

The nature of conveyancing can lend itself to set price structures. Many firms within a comprehensive 2014 study offered fixed fee conveyancing at around 74%, with the majority of the remaining offering a combination of both fixed fees and hourly rates (22%.)[6] As well as implying that it would be a prime case for fees […]

Pricing Strategies – Pricing by Customer | Starting a Small Business

Pricing Strategies – Pricing by Customer | Starting a Small Business

Restaurants, particularly buffets, often offer a senior rate because seniors generally eat less and eat earlier then non-seniors. McDonald’s offers similar burgers on the “Buy by the Number” board to burgers on the value menu. Customers can order a la carte for less money. This pricing strategy weeds out the cost-sensitive from the less cost-sensitive […]

Oops… my business made a pricing mistake | Dynamic Business Australia

Oops… my business made a pricing mistake | Dynamic Business Australia

In my recent article, How to work out what price to charge, I discussed how pricing is one of the most crucial decisions business owners and managers must make, while touching on the eight rules for pricing effectively… But what happens when you get pricing wrong and how do you recover from pricing mistakes? In this […]

LTFRB lowers Grab surge pricing cap amid illegal fare allegation | Rappler

LTFRB lowers Grab surge pricing cap amid illegal fare allegation | Rappler

MANILA, Philippines – Lower Grab fares during peak hours. The Land Transportation Franchising and Regulatory Board (LTFRB) gave this order on Wednesday, April 11, to Grab, telling the ride-hailing service to lower its surge pricing cap during peak hours from 2.0 to only 1.5 times the normal fare. Surge pricing was capped at twice the […]

Healthcare – An expensive purchase without a price tag | Triad Business Journal

Healthcare – An expensive purchase without a price tag | Triad Business Journal

Healthcare is often one of the most expensive and important purchases an individual can make. We often hear rumblings about cost and how we must become better consumers of healthcare. But how is that possible when we really don’t know how much things actually cost? When we go to the doctor for lab work or an x-ray, there […]

Is it time for price transparency in healthcare? | BizTimes

Is it time for price transparency in healthcare? | BizTimes

Health economists and others have been calling for increased transparency in the cost of healthcare services for decades. But you don’t need a PhD to understand that it’s nearly impossible to stick to a budget unless you know how much your options will cost. Can you imagine shopping at a store that doesn’t show you […]

The Psychology of Price in UX | Webdesigner Depot

The Psychology of Price in UX | Webdesigner Depot

Anchoring in the Real World Do this test at home: Find 3 bowls. Fill one bowl with cold water, the second with hot water and third one with lukewarm water. Now, stick one hand in the cold water and the other one in the hot water and keep them there for 30 seconds or so. […]

Fixed-Price Buying Prevents Marketers From Unlocking The Power Of Their Data | AdExchanger

Fixed-Price Buying Prevents Marketers From Unlocking The Power Of Their Data | AdExchanger

The misconception of fixed-price buying Many advertisers use private marketplaces to curate a group of premium publishers, assuming . they will get priority access to the best inventory. This is not the case anymore. Collapsing publisher waterfalls and competition through header bidding may cause fixed-price deals to compete alongside open-market bids, leaving price and yield […]

Ryde hopes to fill void left by Uber’s exit, Transport News & Top Stories | The Straits Times

Ryde hopes to fill void left by Uber’s exit, Transport News & Top Stories | The Straits Times

This will also translate into lower fares for commuters, he said. Ryde is in the midst of finalising its pricing structure, which will include dynamic pricing, where fares fluctuate based on demand. Mr Zou stressed that fares will be “transparent, fair and equitable”. The firm is up against Grab, which is valued at an estimated […]