Gender Pricing, The Speed of Trust, Meet the Producers

Gender Pricing, The Speed of Trust, Meet the Producers

The Matt Townsend Show - Season 5, Episode 79

  • Apr 1, 2016 1:00 pm
  • 2:25:08 mins

Gender Pricing (19:18) Dr. Christine Whelan, Clinical professor in the Department of Consumer Science at the University of Wisconsin- Madison. Products marketed for women or girls are priced higher than virtually identical products for men. Accordingly in one study by the New York Department of Consumer Affairs, personal care products marketed to women cost an average of 13 percent more than equivalent men's products,  8 percent on adult clothing, 4 percent on children's clothing, 7 percent on toys and accessories, and 8 percent on home health care products and products for seniors. One study estimated that these hidden cost, or “pink tax” can cost women nearly $1,400 a year. So why are they products marked up for women? And what is being done to even the cost? Dr. Whelan explains. "The Speed of Trust" (1:04:48) Stephen M. R. Covey is a cofounder of CoveyLink and the FranklinCovey Global Speed of Trust Practice. He is the former CEO of Covey Leadership Center. “Do you trust me?” These words can lead to all sorts of adventures. From Aladdin’s magic carpet ride with Jasmin to big business deals or even turning down a job, these words will likely change your life. How do we build trust? Why does trust matter? Stephen M.R. Covey, author of “The Speed of Trust”, explains why trust is important in all walks of life and how more trust will fix most problems. Eye in the Sky (1:53:18) Rod Gustafson from Parent Previews joins the show to review the new movie Eye in the Sky Meet the Producers: April Fools (2:01:17) Student producers Liana Tan and Caitlin Thomas teach Dr. Townsend the history of April Fools Day: Why we celebrate the day and how the day has changed over time.

Episode Segments

Gender Pricing

46m

Dr. Christine Whelan, Clinical professor in the Department of Consumer Science at the University of Wisconsin- Madison. Products marketed for women or girls are priced higher than virtually identical products for men. Accordingly in one study by the New York Department of Consumer Affairs, personal care products marketed to women cost an average of 13 percent more than equivalent men's products,  8 percent on adult clothing, 4 percent on children's clothing, 7 percent on toys and accessories, and 8 percent on home health care products and products for seniors. One study estimated that these hidden cost, or “pink tax” can cost women nearly $1,400 a year. So why are they products marked up for women? And what is being done to even the cost? Dr. Whelan explains.

Dr. Christine Whelan, Clinical professor in the Department of Consumer Science at the University of Wisconsin- Madison. Products marketed for women or girls are priced higher than virtually identical products for men. Accordingly in one study by the New York Department of Consumer Affairs, personal care products marketed to women cost an average of 13 percent more than equivalent men's products,  8 percent on adult clothing, 4 percent on children's clothing, 7 percent on toys and accessories, and 8 percent on home health care products and products for seniors. One study estimated that these hidden cost, or “pink tax” can cost women nearly $1,400 a year. So why are they products marked up for women? And what is being done to even the cost? Dr. Whelan explains.