Quotes About Pricing

The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.

Because Genentech is a leading developer of cancer therapies, some doctors also fear that the company's pricing plans for Avastin - around $8,800 a month - may encourage other companies to charge more for their own oncology drugs.

When the government gets involved in pricing, I don't think it's the right way to look at a business.

The pharma pricing system was not built on the idea of consumer engagement. It was built... on market efficiencies. It was not built on the premise of consumerism.

The pricing of a pharmaceutical product is opaque and frustrating, especially for patients.

I don't think we can go back to the old days. But I think that what the government needs to do is it needs to make sure that the pricing is fair, that you don't have monopolies out there, so that people don't have a chance to compete fairly.

My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of derivative securities.

As I saw more and more people buying the images that were happy buyers, and people selling the images that were happy with how the market was pricing them, I started to get the sense this could be the go-to place for businesses to get the images they need.

Extra capacity makes manufacturing competitive, keeps pricing in control.

We are market based and have to differentiate our product in many ways; pricing isn't the only one.

We will not only be more flexible when it comes to price, we'll also be more efficient operationally by forgoing pre-assigned seating, priority boarding, upgrading the option for last-minute changes.

More customers for Canadian oil means that Canadian producers can charge more for their oil, which then means that American businesses and consumers will pay more for oil.

If China wants to spend $10 producing a product and sell it for a buck, who benefits from that? I think we do. I'm the free market guy. I think free markets work.

Anyone can sell product by dropping their prices, but it does not breed loyalty.

If the other fellow sells cheaper than you, it is called dumping. 'Course, if you sell cheaper than him, that's mass production.

When the economy is difficult, people care a great deal about the things they spend their money on. Customers have come to understand that Apple's products aren't priced high - they're priced on the value of what we build into them.

In India, I tried never to show enthusiasm for the things I wanted most, but instead to focus it falsely on something showy, ask the price of that and then make a disappointed face when told.

Nobody expects that just because they've made computers better they're going to give them to you free.

It's more expensive for me to make my shoes. I don't use animal-based glues or fish-based glues. So that costs me more. And, you know, like anything in life - mass marketing of anything - mass manufacturing of anything costs less.

Whether there is spec buying or not is not the greatest factor in the high cost of pharmaceuticals.

Dynamic pricing - charging more when goods and services are in high demand and short supply and less when the opposite is true - isn't new. Gasoline retailers, hoteliers, and airlines have been deploying the technique for years.

Big telecommunications monopolies - many of whom now seek to be content providers as well - shouldn't be able to price others out of the market simply because they can't pay as much as the giants.

Growth is another widely embraced goal, along with its sister goal, market share. Like ROS, these fail to account for the capital required to compete in the industry. Too often companies pursue unprofitable growth that never leads to superior return on capital. As Porter notes wryly when he talks to managers, most companies could instantly achieve rapid growth simply by cutting their prices in half.

This, says Porter, is competitive convergence. Over time, rivals begin to look alike as one difference after another erodes. Customers are left with nothing but price as the basis for their choices. This has happened in airlines, in many categories of consumer electronics, and in personal computers, with the notable exception of Apple, the one major company in that industry that has consistently marched to its own drummer.