Why Property Insurance Premiums Are Rising Faster Than Before 👨🏻🔧
A business owner in Queensland receives their insurance renewal notice. The property insurance premium has jumped by 20%. They stare at the figure, unsure how they’ll cover the cost. Meanwhile, across the world in Los Angeles, wildfires have devastated entire neighbourhoods. You might wonder—what’s the…
How To Prepare For The Rise Of Supermarket Digital Price Tags 🕹️
Suppose your supermarket uses digital price tags that change prices in real-time. You’re not just setting prices based on weekly promotions or sales anymore. Instead, you can adjust prices based on demand, stock levels, or time of day—just like that. But with these innovations come…
Are Cloud Providers Missing the Point with Their Pricing Models? ☁️
Cloud computing drives modern business, offering flexibility, scalability, and innovation. Yet, recent accusations against Microsoft remind us that success comes with responsibility. The UK lawsuit alleging Microsoft’s predatory pricing exposes a critical challenge in the cloud industry: how to price services fairly without alienating customers…
What Every OEM Should Know About Heavy Equipment Value Pricing 🚜
Inflation is slowing, but prices in the heavy equipment industry continue to rise. The challenge for OEMs (Original Equipment Manufacturers) is that customers are becoming more price-sensitive and expect lower costs. So, how can you set heavy equipment prices that cover costs, meet customer value…
Are You Ready to Upgrade to Advanced Pricing Techniques? 🏦
In today’s fast-moving financial world, technology keeps reshaping the pricing techniques we need to work efficiently. Take ING Groep NV, for example. The global bank recently introduced an AI model to take over currency pricing—a task traditionally handled by traders. Using “reinforcement learning,” this system…
