News – Featured

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 […]

China plans to destabilize the US Dollar by pricing oil in Yuan | The Camping Canuck

China plans to destabilize the US Dollar by pricing oil in Yuan | The Camping Canuck

The world’s biggest importer of crude oil and other energy related products, China has reportedly decided to undertake a major step to challenge the dominance of the dollar in the global market. The country, as per sources, will begin by introducing a new pricing strategy in the oil sector and hopes that the growing adoption […]

Harvey-related price-gouging complaints filed against 127 gas retailers | Caller-Times

Harvey-related price-gouging complaints filed against 127 gas retailers | Caller-Times

AUSTIN – More than 125 Texas retailers are accused of price-gouging for charging customers nearly $4 or more for a gallon of unleaded gas or diesel after Hurricane Harvey knocked out refinery capacity along the Gulf Coast in late August. Texas Attorney General Ken Paxton said Monday that he gave the retailers the option of resolving the matter […]

Why wait? eBay Black Friday 2017 deals start this week | TechRadar

Why wait? eBay Black Friday 2017 deals start this week | TechRadar

eBay deals on Black Friday 2017 may not be here for a few more weeks, but the retail site is getting into the savings spirit early with some scary good sales the day after Halloween. And that’s just the beginning. You see, eBay wants you to be a “first-minute” shopper this year by saving big […]

Creative iPhone X Facial Scanner Halloween Costumes That’ll Really Creep You Out | Elite Daily

Creative iPhone X Facial Scanner Halloween Costumes That’ll Really Creep You Out | Elite Daily

As you probably know, the iPhone X release is just around the corner (Nov. 3, to be exact). Along with the new phone comes quite the hefty price tag. If you’re opting to pay next month’s rent instead of upgrading your iPhone, you might think that you’ll be missing out on the latest technology. Thankfully, […]

This Week in Pricing > 10/28/17

This Week in Pricing > 10/28/17

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:      Strategic Pricing Solutions Strategic Pricing Solutions, LLC (SPS) is a management consulting firm helping clients with pricing strategies, […]

Grab testing out a flat membership fee that will give riders ‘surge-free’ rates | TODAYonline

Grab testing out a flat membership fee that will give riders ‘surge-free’ rates | TODAYonline

While the promotions it regularly gives out help woo casual users, its latest idea could snare a lucrative segment of the market. For those who take taxis or private-hire vehicles to and from work, for instance, the S$50 price for the pass works out to under S$2 a day, based on a 30-day period. Whether […]

“Pricing and the CEO” – Hermann Simon, Chairman, Simon-Kucher & Partners | The Marketing Journal

“Pricing and the CEO” – Hermann Simon, Chairman, Simon-Kucher & Partners | The Marketing Journal

We are observing an increasing involvement of CEOs in pricing, which has a significant impact on profit performance. The CEO’s role is threefold: strategic, cultural, and custodial. If a company chooses a premium price positioning, all aspects of strategy, culture and implementation have to be different from those of a company that aims for a […]

Regal Cinemas Plan May Let You Pay Less for Flops, More for Hits | Bloomberg

Regal Cinemas Plan May Let You Pay Less for Flops, More for Hits | Bloomberg

Regal Entertainment Group is testing demand-based pricing for films, potentially leading to higher prices for top hits and low prices for flops, a big change for an industry that typically uses a one-size-fits-all approach. Working with app maker Atom Tickets LLC, which has lobbied theaters to try dynamic pricing, Regal plans to test the concept […]

Petro-yuan: China wants to dethrone dollar, RMB-denominated oil contracts | CNBC

Petro-yuan: China wants to dethrone dollar, RMB-denominated oil contracts | CNBC

China is looking to make a major move against the dollar’s global dominance, and it may come as early as this year. The new strategy is to enlist the energy markets’ help: Beijing may introduce a new way to price oil in coming months — but unlike the contracts based on the U.S. dollar that […]