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Tag: Pricing Psychology

Why The Fed Needs To Pay Attention To The ‘Amazon Effect’ On Online Pricing | Forbes

Why The Fed Needs To Pay Attention To The ‘Amazon Effect’ On Online Pricing | Forbes

It’s no secret that fierce competition from Amazon puts downward pressure on prices charged by Walmart and other big multichannel retailers for the same items. However, the bigger “Amazon effect” relates not to the prices themselves but to the pricing behaviors of these more traditional retailers, according to Alberto Cavallo, the Edgerley Family Associate Professor […]

AB InBev Beer Pricing Fine Exposes Problem With EU Market | Bloomberg

AB InBev Beer Pricing Fine Exposes Problem With EU Market | Bloomberg

If you’ve ever wondered why beer prices diverge so widely across Europe — from as little as 60 euro cents ($0.67) for a half-liter bottle of a local brew in the Czech Republic to 2.1 euros and more in Ireland — the European Commission’s decision this week to fine Anheuser-Busch InBev NV provides an important answer. […]

Could Congestion Pricing Help Curb U.S. Traffic? | Fortune

Could Congestion Pricing Help Curb U.S. Traffic? | Fortune

Congestion charges—fees paid by drivers to enter highly trafficked areas in peak times—are coming to America. As part of the state budget, New York lawmakers have approved a daily charge on motor vehicles entering Manhattan below 61st Street. The plan is scheduled to go into effect in 2021, with the proceeds used to fix N.Y.C.’s […]

Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession | CCN

Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession | CCN

Interestingly enough, Hartnett says global investors are investing in bitcoin not because they see it as a safe haven asset in times of instability but because they are seeking high-risk, high-reward investments. He argues the effect of low-interest rates since 2008 on bond yields has left investors starved of profits, sending them into a global […]

D.C. Council: No more free rides on Circulator | The Washington Post

D.C. Council: No more free rides on Circulator | The Washington Post

Enjoy those free Circulator rides while you can. The D.C. Council on Tuesday cut Mayor Muriel E. Bowser’s request for $3.1 million from the fiscal 2020 budget, killing the mayor’s plan to keep Circulator rides free indefinitely. While the free-ride funding was eliminated from the $15.5 billion spending plan, the budget does include money for […]

Better Business Bureau Warns Northern Michigan of Phony Products | 9 & 10 News

Better Business Bureau Warns Northern Michigan of Phony Products | 9 & 10 News

The seller collected money but never made deliveries, or delivered poor quality products weeks or months late. The Better Business Bureau says counterfeiting costs the U.S. economy between $200 and $250 billion a year. “These counterfeiters are doing a better job of pricing their products at a discount that’s big enough that you want to […]

Just how much might Apple owe you for inflating the price of iPhone apps? | Los Angeles Times

Just how much might Apple owe you for inflating the price of iPhone apps? | Los Angeles Times

A divided Supreme Court ruled Monday morning that iPhone users can sue Apple for allegedly abusing its control over iPhone app sales to inflate the price of those ubiquitous nuggets of software. In doing so, however, the justices left open the vexing question of how to calculate the damage Apple inflicted on its customers. That […]

District of Columbia Council Proposes Congestion Pricing Study | Transport Topics

District of Columbia Council Proposes Congestion Pricing Study | Transport Topics

Leaders representing the District of Columbia have proposed allocating $475,000 to study congestion pricing for vehicles moving in and around the nation’s capital. The Committee on Transportation and the Environment, led by D.C. Councilmember Mary Cheh, proposed the study during a markup hearing on the budget May 2. The District Department of Transportation would be […]

My Value Pricing Journey | Accounting WEB

My Value Pricing Journey | Accounting WEB

For the next few posts, I am going to write about my journey towards Value Pricing. After hearing about it for years, I have decided to fully adopt this highly recommended strategy. Such dramatic change is unsuitable for jumping in feet first, careful planning is required. Keeping that in mind, I decided to interview a colleague […]

Webinar: Successful Price Increases using Market Insights | PriceBeam

Webinar: Successful Price Increases using Market Insights | PriceBeam

Digitalization is everywhere of course. But whereas some industries are 100% digital from birth, others are still transforming from traditional consumer or industrial products to more of a digital service industry. Regardless of where your industry and company is on the digitalization path, pricing practices are severely impacted. Digitalization means increased transparency, more information,  as well […]