If you’re feeling pricing pressure, you’re not alone. At CFA Toronto’s Annual Wealth Conference this week, about two-thirds of audience members said they feel price pressure. (The question was asked and answered via smartphone, with responses tabulated.) In the current environment of low-cost online competition, that pressure comes as no surprise and will likely increase. […]
“Committee members were given 147 pages of analysis about the various Value Pricing concepts, and why WSP Consulting, which is working with ODOT to evaluate the plan, recommended dropping two of the five concepts that had made it to this point.’’ Brown accurately told readers what the primary news of the meeting was. So, I […]
The bitcoin price is too volatile to make it a useful payment tool for merchants, PayPal CFO John Rainey claimed in a recent interview. Bitcoin Price Too Volatile for Merchants Rainey made this claim during a recent episode of “Mad Money,” explaining that merchant margins are too thin to make bitcoin a viable payment medium. […]
The problem is that each utility customer that switches to a non-utility energy provider is no longer part of each utility’s list of prospective time-varying rate (TVR) adopters, even though the utility paid for the smart meter that made them available. And while third-party retailers and municipal aggregators could offer TVRs of their own, “there […]
Renewed political pressure over drug costs has added to the challenge of finding the right price for innovative medications. While drugmakers want to maximize returns on the substantial investment required to develop new therapies, some payers have begun to push back. A pricing misstep helped slow sales of Amgen’s cholesterol fighter Repatha, which failed to […]
Here are 11 surgery centers with prices posted online for their procedures. Boulder (Colo.) Surgery Center. Boulder Surgery Center provides estimates for the 25 most commonly performed procedures on its website. The prices don’t apply to patients covered by health insurance. Healthcare providers are required by Colorado’s Transparency in Healthcare Pricing Act of 2017 to […]
The legislation legalizing ride-share businesses in Philadelphia allowed cabs also to increase their rates during busy times — which Uber calls surge pricing — but so far, none has done it, Kirlin said. People in the industry see a consistent rate as an asset that could attract customers, she said. Leventhal noted cab drivers’ training, pointing […]
Putting a price on something that customers previously got for free has become a key part of the airline business model and it seems other parts of the travel industry are catching on. European tour operator Thomas Cook says in its UK market it now makes an additional $13.50 (£10) per person in sales of […]
WASHINGTON — The 340B discount program for prescription drugs used by safety-net hospitals needs better government oversight, several watchdog agency officials said at a Senate hearing. Although the Health Resources and Services Administration (HRSA), which oversees the program, has taken some important steps to improve oversight, “a number of important issues remain,” said Debra Draper, […]
Average retail gasoline prices in Modesto have risen 7.1 cents per gallon in the past week, averaging $3.53/gallon Monday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has increased 5.7 cents per gallon in the last week to $2.86/gallon, according to gasoline price website GasBuddy.com. […]
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: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value […]
This Week in Pricing > 5/19/18
This Week in Pricing is a collection of pricing focused news, thought leadership , events, jobs and professional education resources for pricers. 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, data analytics, and pricing processes. SPS was formed […]
Behavioral Economics Powered by Machine Learning and AI Techniques | Pricing Matters
There is a growing focus among pricing practitioners to use price science to drive pricing decisions. It’s a fabulous trend with many recent innovations in the use of advanced techniques such as machine learning and AI. It is important however to consider behavioral economics because our economic decision making is often shockingly irrational. Naturally, we […]
Customer quoting and pricing can be complex for distributors and manufacturers who have a significant number of products and customers. Sales teams can often struggle with identifying and quoting optimal pricing that balances profitability and competitiveness. Automating and integrating your pricing and quoting processes can quickly lead to increased profitability through better controlled margins and […]
Trump Promises Lower Drug Prices, but Drops Populist Solutions | The New York Times
WASHINGTON — President Trump vowed on Friday to “bring soaring drug prices back down to earth” by promoting competition among pharmaceutical companies, and he suggested that the government could require drugmakers to disclose prices in their ubiquitous television advertising. But he dropped the popular and populist proposals of his presidential campaign, opting not to have […]
Pricing Manager | Carrier Enterprise
Seniority Level: Mid-Senior level Industry: Building Materials Consumer Goods Retail Employment Type: Full-time Job Functions: Sales Management Analyst Job description Carrier Enterprise is looking for talented individuals to join our team. We currently have exciting opportunities for a Pricing Manager in Charlotte, NC and Orlando, FL. The Pricing Manager role is the dedicated revenue management leader for their […]
Seniority Level: Mid-Senior level Industry: Electrical/Electronic Manufacturing Utilities Employment Type: Full-time Job Functions: Finance Marketing Product Management Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the world’s water challenges. The Company’s products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential […]
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