Lifestyle
Why Online Retailers’ New Pricing Strategy Will Backfire
It’s emerged as this season’s hot holiday pricing strategy for online retailers such as Amazon and Best Buy: dynamic pricing. That’s the strategy, employed by industries such as airlines, in which a seller moves prices up and down quickly, charging similar customers different prices for the same product or service. What’s surprised me is how extreme these price fluctuations have been.
It’s emerged as this season’s hot holiday pricing strategy for online retailers such as Amazon and Best Buy: dynamic pricing. That’s the strategy, employed by industries such as airlines, in which a seller moves prices up and down quickly, charging similar customers different prices for the same product or service. What’s surprised me is how extreme these price fluctuations have been.
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Lifestyle
Bangkok falls 19 places to 49th most expensive location worldwide
Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.
The decline of Bangkok reflects the severe impact of the Covid-19 pandemic on the rental market in the tourism-reliant Thai economy, according to ECA’s latest survey.
Lifestyle
Thailand remains 54th in World Happiness Report’s ranking
As one would expect with lockdowns and physical distancing, the pandemic had a significant effect on workforce well-being. Falling unemployed during the pandemic is associated with a 12% drop in life satisfaction.
The 2021 World Happiness Report marks a sombre moment as COVID-19 continues to rage on a little more than a year since it was declared a pandemic by the WHO.
Lifestyle
Gambling in Asia: Thailand and more
There is a large demand for gambling throughout Asia, which is detailed below in a comparison between various countries, such as Thailand and more.
One of the fastest growing industries in the world is the gambling industry. It is currently worth around $443.2 billion, and is expected to continue climbing to an estimated $647 billion by 2027.
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Bangkok falls 19 places to 49th most expensive location worldwide
Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major...
Thai fruit exports to FTA markets up 107 percent
China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian,...
Digital Revolution and Repression in Myanmar and Thailand
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