Business News

Loyalty programs may limit competition, and they could be pushing prices up for everyone

Written by Alexandru Nichifor, Associate Professor, Faculty of Business and Economics, University of Melbourne, The University of Melbourne

Loyalty programs enable firms to offer significantly lower prices to some of their customers. You’d think this would encourage strong competition.

But that isn’t always what actually happens. New research shows that paradoxically, by changing the way companies target customers, loyalty programs can sometimes reduce...

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Loyalty programs may limit competition, and they could be pushing prices up for everyone

Why cash has made an unexpected comeback in Australia: new study

The RBA’s policy deliberately creates unemployment. So why do we treat the jobless so badly?

Here’s how using more recycled plastic could ease the pain of oil shocks

Why Melbourne council workers are escalating from skipping bins to a full strike

As entry-level jobs dry up in NZ, how can we help young people find their way into work?

Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so

Traditions of Rural Bali at Villa Sabana

Perth's Southern Suburbs Are Running Their Own Race

Does ‘free’ shipping really exist? An expert shares the marketing tricks you need to know

Organizing an event from planning to results evaluation - Tips and Tricks

Forget about a job for life. Today’s workers need to prepare for many jobs across multiple industries

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

Work-life Balance Key to Solving Construction Talent Shortage

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers