Tag: services pricing

‘That’s not a revenue model’: firms stuck in factory age, says Tim Williams | Financial Review

‘That’s not a revenue model’: firms stuck in factory age, says Tim Williams | Financial Review

That costing model is driven by a Karl Marx-inspired labour theory of value, and Williams argues it’s economically unsustainable. So much so, he predicts within the next decade very few firms will price on billable hours. “Accountants would go into a factory and count the cost, and the owner would work out cost-plus pricing. That’s not pricing, […]

Obtaining Higher Profitability in the PR Industry | O’Dwyer’s

Obtaining Higher Profitability in the PR Industry | O’Dwyer’s

The building block to profitability The most basic principle of profitability is to know what it will cost your agency to service a client. PR principals ask this question for many purposes, including formulating overall strategies, service emphasis, and meeting reporting obligations. The PR agency needs to understand the basic principles of job costing. When […]

DoorDash is testing surge pricing for its deliveries in select US markets | Quartz

DoorDash is testing surge pricing for its deliveries in select US markets | Quartz

Everyone hated surge pricing when Uber first added it to rides. Now surge is becoming ubiquitous among food delivery startups, too. Postmates has “blitz pricing” and Sprig, before it went out of business, charged more to deliver during busy times. Uber brought surge pricing to UberEats late last year and, in recent months, DoorDash has […]

Senate inquiry sought on mass transport | The Manila Times

Senate inquiry sought on mass transport | The Manila Times

“Mobility has been a key concern of our country. We should fast-track our projects on modernizing our public transport system so that Filipinos will have a viable transportation option,” Angara said. Many senators have expressed their support to TNVS operation noting that it provides better service that the traditional taxis that have been a subject […]

Let’s Talk: Would you shop at midnight if groceries were cheaper? | Starts at 60

Let’s Talk: Would you shop at midnight if groceries were cheaper? | Starts at 60

Fixed pricing could be a thing of the past. The thought of shopping in the dead of night may sound unappealing but if it meant you could save hundreds on your monthly grocery bill, you may change your tune. It seems retail experts are predicting fixed prices will be virtually non-existent within five years. A […]

Surge pricing promises higher returns, but is it realistic for U.S grocers? | Food Dive

Surge pricing promises higher returns, but is it realistic for U.S grocers? | Food Dive

The hyper-competitive British supermarket scene often hatches trends and innovations that eventually make their way to the U.S. Surge pricing — also known as dynamic pricing — is the latest bid by retailers like Tesco and Marks & Spencer to entice customers while trying to maximize profits. It’s a tricky push-pull that has become increasingly […]

Biz tip of the week: Are you charging the right price? | tucson.com

Biz tip of the week: Are you charging the right price? | tucson.com

Most startups and small businesses set prices too low, hoping to attract customers. In fact, very low prices can be a red flag to consumers and actually reduce sales. Implementing a low price strategy may disrupt the market and initiate a price war with your biggest competitor. Setting the correct price is critically important to […]

Why education, healthcare and some other things cost ten times more than they used to and ten times more than elsewhere | NextBigFuture.com

Why education, healthcare and some other things cost ten times more than they used to and ten times more than elsewhere | NextBigFuture.com

Andrew Swift identifies the areas where people are willing to be scammed or are vulnerable. What you observe is fifty years of optimization of wealth extraction. Price outcomes depend on the contributions of hundreds of participants. Every participant optimizes his/her earnings, exerting a constant upward pressure on price. Participants become ever more expert at getting […]

7 pressing healthcare topics CFOs should watch closely | Becker’s Hospital Review

7 pressing healthcare topics CFOs should watch closely | Becker’s Hospital Review

Mark Grube, Managing Director and National Strategy Leader, Software, Kaufman Hall: “Pricing strategy. We did a survey last year of health systems — we had roughly 120 respondents — on consumerism. We measured four different elements: patient experience, access considerations, using customer insights to drive strategy, and pricing. It was fascinating because in terms of […]

‘Single-Payer’ Healthcare Isn’t Necessary — But Single Pricing Is | Forbes

‘Single-Payer’ Healthcare Isn’t Necessary — But Single Pricing Is | Forbes

Once again, our healthcare reform is mired in muck. That means we’re also knee-deep and grinding away at our circular healthcare debate, but it’s really a big distraction because it’s the wrong debate. We keep debating the math of coverage and cost as if they’re independent of system design–and they aren’t. As Senate Majority Leader Mitch McConnell […]