Pricing News Daily > 1/2/18

pricingnews-DailyPricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors.

This Edition is brought to you by:value innoruption final 0612 rev

 

 

Value Innoruption Advisors

Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, marketing, pricing, and sales. Value Innoruption Advisors offers two popular value and pricing management certification programs – Customer Value Modelers™ (CVM™) and Change Agent in Pricing™ (CAP™).

Click a link below to learn more…


Headlines

How Edtech Companies Should Go About Pricing Their Products | The Tech Edvocate

How Edtech Companies Should Go About Pricing Their Products | The Tech Edvocate

Landing a Whale While you’ve put resources into market research, product development and curriculum expectations you may be missing a critical step. How you present your product to schools, parents, and teachers can be a major factor in its acceptance or rejection. What do we mean by this? It’s simple. Pricing models have hurt edtech […]

 

Wilder Rejects Claim He’s Pricing Himself Out For Joshua Bout | Boxing News

Wilder Rejects Claim He’s Pricing Himself Out For Joshua Bout | Boxing News

Deontay Wilder has hit out at Eddie Hearn’s suggestions that he is pricing himself out of a lucrative unification fight with Anthony Joshua. The next year is set to be a mouth-watering one for boxing’s heavyweight division with WBA, IBO and IBF champion Joshua targeting fights with Wilder and Joseph Parker – the WBC and […]

 

How WowWee’s Fingerling toys work | CNBC

How WowWee’s Fingerling toys work | CNBC

The team paid attention to every detail. For example, they gave the sloth Fingerling, an exclusive product for Walmart, a slower motor in its head and slower sound effects to make him seem more lazy. The software, designs, circuits and animations for Fingerlings are all proprietary to WowWee, Sufer says, and were built from scratch […]

 

How Does Your Business Shape Your Pricing? | SmallBizClub

How Does Your Business Shape Your Pricing? | SmallBizClub

Harsh reality: Sometimes you have no choice. Economic conditions, market saturation, inventory issues or some other element of your business may force you to modify your prices, either temporarily or in rare cases, permanently. There is no such thing as forever when it comes to business strategy. We must all evolve or die, and pricing […]

 

Retailers are slashing prices and bumping online sales — and it could spell their own demise (AMZN) | Markets Insider

Retailers are slashing prices and bumping online sales — and it could spell their own demise (AMZN) | Markets Insider

Retailers, struggling with souring sales and the looming threat of Amazon, are trying to copy the ecommerce giant by offering steep discounts and focusing on online sales. That may just spell their own demise, said Keith Jelinek the managing director of Berkeley Research Group’s retail and consumer practice unit. While it may seem intuitive for retailers […]

 

Entrepreneurial Brothers From Algeria Launch Dynamic Pricing Food Delivery App In NYC | Forbes

Entrepreneurial Brothers From Algeria Launch Dynamic Pricing Food Delivery App In NYC | Forbes

The 5-person Gebni team works remotely or in the renovated basement communal room of the Merzouk brothers’ apartment building in Bedford-Stuyvesant, Brooklyn, amid a red pool table and minimalist sofas. They recently received a second round of funding, they’re not making the amount public; the first round was $150,000. They add that the Gebni app […]

 

Uber fare increase not benefitting us: drivers | ENCA

Uber fare increase not benefitting us: drivers | ENCA

“Driving on the Uber platform is a no-win for its partner drivers,” a driver calling him or herself Dow Benderf commented on the eNCA website. “Uber, its shareholders and the riders are the ones who truly benefit from the rider app. I am a driver-partner and drivers earn on average R30 per hour and that […]

 

Uber warns of New Year’s surge pricing, while taxis ask for patience | The Sydney Morning Herald

Uber warns of New Year’s surge pricing, while taxis ask for patience | The Sydney Morning Herald

Uber has warned there will be surge pricing during the peak of New Year’s celebrations, while the taxi association has urged customers to be patient on what will be one of the busiest nights of the year. More than a million people are expected to pack Sydney Harbour on New Year’s Eve for the city’s fireworks […]

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Featured Content and Events

EU Pricing Summit 2018 - IQPC

European Pricing Summit 2018 | Finance iQ

Date: April 16-18, 2018

Location: TBD in London, England

The advent of disruptive technology, growth of e-commerce and increasing competition from global markets are just a few of the reasons why leading companies are spending time and money to develop a pricing strategy that works.

Many pricing leaders are wondering what direction to take their pricing strategy in and want to benchmark with other organisations to decide what is the most profitable option. But KPIs and pricing models are almost always confidential, and the majority of organisations are unwilling to disclose the facts and figures that the industry needs. The industry has a dilemma where practitioners want to have insights on new developments in strategies, but they are usually subject to commercial secret.

Given this situation, IQPC will be launching a limited-access, confidential mentoring panel as part of our European Pricing and Commercial Excellence Summit to enable our clients to obtain first-hand tips from our mentors to assist them in creating the most profitable pricing strategy.

 

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29th Annual Spring Pricing Workshops & Conference | PPS

Date: May 1-4, 2018

Location: Loews Chicago O’Hare Rosemont Hotel in Chicago, IL

We are excited to announce we’ll be in Chicago, IL for our 29th Annual Spring Pricing Workshops & Conference May 1-4, 2018!

You can register now and take advantage of our Early Bird Offer (Buy 2 Get 1 Free, expires March 23rd).

 

Book: Pricing and the Sales Force

Book: Pricing and the Sales Force

Summary: Pricing and the Sales Force is the first book to link pricing strategy and the sales force together. Pricing strategy is now well established as an important means of driving profits for many organizations. Countless companies are now mastering price-setting. But what about “price-getting” – converting those list prices into the realized sales, and […]


The following is a daily-dose of pricing cartoons and quotes, enjoy…

 

 

“You know you’re priced right when your customers complain—but buy anyway.”

– John Harrison

 

Pricer’s Points Blog Series

This blog series provides a forum for pricing professionals to share their insights and experience. Our guest bloggers share their knowledge about specific product or industry challenges, geographic complexities, strategies, tactics, and technologies.

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Top Discussions

This blog category offers a collection of top pricing related conversations on LinkedIn or in the comments section of pricing related blogs and articles.

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