pricing strategy

Rude Restaurant Bartenders– It’s About Fencing

Here’s a timely article that makes a good example for our Good Fences Make Good Prices post. about why restaurants offer food service at the bar, and why the level of customer service there may be very different from the … Read More

The Paradox of Choice

I recently read a great book by Barry Schwartz called The Paradox of Choice, Why More Is Less, which discusses why Americans have every-increasing choice and material plenty along with increasing rates of depression and dissatisfaction. His basic thesis is … Read More

Good Fences Make … Good Prices

Slate had an interesting article today about why Starbucks doesn’t advertise its “Short” size. Basically, they create a fence that makes it harder to order the smaller, less profitable (but tastier) drink. As an aside, when Starbucks began, they had … Read More

The Best Pricing Book I’ve Read in a Long Time

I’ve been meaning to write a post about Moneyball for some time now, but I can never find the time to give it the treatment it truly deserves. Finally, I decided that giving it the following treatment is better than … Read More