News – Featured

This Week in Pricing > 11/18/17

This Week in Pricing > 11/18/17

This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by:        Professional Pricing Society Currently, PPS produces three major annual pricing conferences in Europe and North America. Each […]

Pricing News Daily > 11/17/17

Pricing News Daily > 11/17/17

Pricing 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:      Professional Pricing Society Currently, PPS produces three major annual pricing conferences […]

Walmart’s Next Pricing Strategy Is…Raising Select Prices Online? | Retail TouchPoints

Walmart’s Next Pricing Strategy Is…Raising Select Prices Online? | Retail TouchPoints

“Providing a cheaper price or a discount for picking up an online order in-store makes sense — after all, it is cheaper for Walmart to fulfill in this way and it gets the potential benefit of incremental sales when the customer collects,” said Neil Saunders, Managing Director at GlobalData Retail, in a RetailWire discussion. “However, […]

The NFL And Networks Just Got Terrible News From Advertisers | The Federalist Papers

The NFL And Networks Just Got Terrible News From Advertisers | The Federalist Papers

With ratings in the tank for NFL games, the next shoe is dropping as we speak. Ad prices for broadcasts of National Football League games are dropping like a stone, as well. After all, if nobody’s watching, then nobody’s going to pay a premium for an ad. Prices for advertising during televised broadcasts are down […]

Comment: Price-fixing of bread would be hard to prove | Times Colonist

Comment: Price-fixing of bread would be hard to prove | Times Colonist

Demonstrating beyond a reasonable doubt that grocers are colluding to keep retail prices artificially high is almost impossible. Several attempts have been made in the past, with mixed results. Grocery stores carry on average more than 15,000 different products, and prices can be affected by an array of factors: commodity prices; energy and labour costs; […]

Pricer’s Points: B2B SaaS Pricing: New dog, old tricks? | Mrinal (MG) Gurbaxani

Pricer’s Points: B2B SaaS Pricing: New dog, old tricks? | Mrinal (MG) Gurbaxani

They say you can’t teach an old dog new tricks, but what about teaching a new dog new tricks? SaaS companies have become the darlings of innovation, embracing the latest technology platforms, new business models and modern marketing strategies – then why are these “new dogs” adopting outdated pricing practices that their traditional industry peers have […]

World Series: Game 7 tickets won’t come cheap | USA Today

World Series: Game 7 tickets won’t come cheap | USA Today

TicketIQ, a seat tracking and resale site, said the average listing pricing about six hours before first pitch (5:20 p.m. local time) was $2,586.00, which is primed to be the third-most expensive Game 7 since it began tracking ticket sales in 2010. Only the 2016 World Series (Chicago Cubs-Cleveland Indians at $3,973) and 2016 NBA […]

Industry group warns Ottawa that excessive cuts to drug prices could be harmful | Times Colonist

Industry group warns Ottawa that excessive cuts to drug prices could be harmful | Times Colonist

OTTAWA — Canada’s drug developers recognize that pharmaceutical prices need to come down but they fear the Trudeau government will push too hard in a regulatory review by Health Canada, the head of an industry association said Tuesday. Pamela Fralick, president of Innovative Medicines Canada, said she doesn’t know what changes Health Canada will propose […]

Best Buy Stops Some Sales of New iPhones After Pricing Backlash | Bloomberg

Best Buy Stops Some Sales of New iPhones After Pricing Backlash | Bloomberg

Last week, when users went to Best Buy’s website to purchase an iPhone X at the full, upfront price, Best Buy charged $1,099 and $1,249 for the two configurations. Apple’s pricing is $999 and $1,149. “Although there was clearly demand for the un-activated iPhone X, selling it that way cost more money, causing some confusion […]

Pricer’s Points: Navigating Big Data Analytics – “What if’s” in Dynamic Pricing | Tom Bacon

Pricer’s Points: Navigating Big Data Analytics – “What if’s” in Dynamic Pricing | Tom Bacon

Dynamic pricing is highly complex – and sometimes not intuitive.  A significant increase in observed demand for a period may not actually drive a significant increase in forecast demand.  And, many times even a large increase in forecast demand for a higher fare has little or no impact on the seats set aside for that […]