Pricing humor from Slingblade, courtesy of an alert reader. Linda Wheatley: Karl, you know what? Melinda here was voted employee of the month at the dollar store last February. Isn’t that something? Karl: Yes ma’am, I reckon. Melinda: Well, when … Read More
humor
One area of pricing strength
While the economy as a whole risks deflation, there was one area with strong pricing power. According to PNC’s annual survey the cost of hiring lords a’leaping, buying partridges, pear trees, and other accoutrements of the 12 Days of Christmas … Read More
The reverse volume discount
Generally, per-unit prices go down as volumes go up. This is not always the case, however. Occasionally, whether by accident or as a tax on the mathematically disinclined, you’ll see something like this:(From The Consumerist, which includes another, even more … Read More
I Am Rich– No More
We’ve had other discussions about how for some luxury goods, the exorbitant price is part of the value (see $300,000 watches that only tell you whether it’s day or night). Meanwhile, as some of you may have heard, Apple launched … Read More
Choosing the right pricing metric
So much of pricing is about choosing the right metric. In other words, the dollars per what? Gasoline is priced in dollars per gallon (or per half gallon in some cases where the pumps can’t display prices above $3.999– how … Read More
Why Pricing is Harder than Quantum Mechanics
I’m heading to San Diego today to do a workshop on Measuring the Efficiency and Effectiveness of Pricing. Believe it or not, this will be a fun 2 days for me and the other participants. One of things that is … Read More
Back from the Writers’ Strike– A Daily Show and This Blog
As you may have noticed, the quantity and quality of posts has suffered since my writers have gone on strike. But like The A Daily Show, we’re back. Fittingly, when Jon Stewart returned to the studio last week, he had … Read More
Price of 12 Days of Christmas hits all-time high
According to PNC, the price of the “12 Days of Christmas” (Christmas Price Index, or CPI) rose 3.1%, driven by the rising price of gold and the minimum wage hike, which increased the cost of maids-a-milking. The total cost of … Read More
Give Their Pricing Team a Bonus
Scotland recently paid £125,000 (over $250,000) to advertising firm The Leith Agency to come up with a new slogan to welcome visitors to Scotland. The old phrase “Scotland, the Best Small Country in the World” typified the “Scottish cringe” according … Read More
A Great Dilbert Comic
Today’s comic is great; it makes fun of pricing and consulting in the same strip.