Quotes About Pricing

I'm cautious about the currency situation, oil pricing and the economies of some countries not performing as we are expecting.

There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.

My philosophy is that you sell things for more than you bought them.

But sometimes there is no alternative approach. Then, pricing is a matter of placing a value on the solution to a particular customer problem. That value has nothing to do with the cost of building the product.

Marketing people know the corporate position so well that they automatically develop pricing strategies compatible with it rather than with market needs.

Dinner Special - Turkey $2.35; Chicken or Beef $2.25; Children $2.00

I could design an $800 shoe line it's easy. You use the best materials and you can make beautiful shoes. It's easier than making great shoes for $90.

I use nothing but the best ingredients. My cookies are always baked fresh. I price cookies so that you cannot make them at home for any less. And I still give cookies away.

Drive-Thru McDonalds was more expensive than I thought...once you've hired the car...

We've rejected the per-seat business model from day one. It's not because we don't like money, but because we like our freedom more! The problem with per-seat pricing is that it makes your biggest customers your best customers. With money comes influence, if not outright power.

Executives at Walmart did just as Welch had suggested, disciplining themselves and their suppliers to work on "price-based costing" instead of "cost-based pricing." By ruthlessly rethinking, reengineering, and reinventing every little decision in every link of their supply chain, Sam Walton and his team created innovative new business models that delivered customers a much better deal.

Armed with pricing information, health care consumers can punish providers that price gouge, waste resources, or engage in surprise billing by taking their business elsewhere.

As utility companies work to achieve full compliance with clean water standards, Congress must ensure our nation's most vulnerable are not priced out of life's most essential resource.

Pricing water delivery closer to its real costs is a necessary step to improving use efficiency.

Competing at full price is the way we like to do business, but we cannot ignore the promotional environment.

The pitch that works best in tough economic times is, 'I can do that for less.'

It's the old adage: You can make a pizza so cheap, nobody will eat it. You can make an airline so cheap, nobody will fly it.

Is this why I don't get commercials? Because there's a bargain basement Brian Quinn out there, riding around undercutting me?

Cutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.

Cutting prices or putting things on sale is not sustainable business strategy.

A hotel mini bar allows you to see what a can of Pepsi will cost in twenty years.

Markowitz's ideas on stock diversification eventually became known as efficient market theory (EMT). This is the general concept that markets are efficiently pricing securities based on known information, and therefore a market portfolio is the most efficient portfolio.

Ralph's (and virtually all other) grocery stores provide customers with "frequent-buyer" or "Club member" cards that entitle holders (Group B) discounts not provided customers without cards (Group A), on the argument that people who tend to buy frequently (and/or buy in large quantities) have good reason to comparison shop and to obtain the frequent-buyer cards: they can prorate their search costs over a large number of purchases.11

Bargains and Rip-Offs