Keyword: commodities
Drinking Experience (6/22/2006)
Starbucks commands premium prices for its lifestyle coffee because of its status cachet.
Keywords: coffee, commodities, competition, demand elasticity, Dunkin’ Donuts, experience goods, lifestyle goods, pricing power, service, social status, Starbucks, value chain
Flexible Pricing (2/26/2005)
The Internet has made it possible to replace fixed pricing with flexible pricing based on changing supply and demand conditions. Spot pricing will lead to a more efficient market with winners and losers.
Keywords: auctions, commodities, efficiency, exchanges, fixed pricing, flexible pricing, price discrimination, Spot pricing
Value-based Pricing (9/11/2007)
Innovative products offering high customer value should command value-based prices rather than cost-plus prices.
Keywords: commodities, cost-plus pricing, innovative products, mature products, premium prices, value-based pricing
Vitamin Inc. (3/22/2005)
Mature oligopoly with a few large producers of homogeneous commodities is driven to output and price fixing to increase their profit.
Keywords: antitrust, BASF, cartel, commodities, homogeneous products, Justice Department, lysine, oligopoly, price fixing, Rhone-Poulenc, Roche, vitamin