Pricing News Daily > 10/19/18

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™).

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Drugmakers may have to disclose prices of medicine in television ads | The Washington Post

Drugmakers may have to disclose prices of medicine in television ads | The Washington Post

The nation’s top health official proposed on Monday that pharmaceutical companies be required to include the list price of medicines in television advertisements to consumers — the boldest in a series of efforts by the Trump administration to curb rampant drug spending. Under a major change laid out by Health and Human Services Secretary Alex […]

 

Drug-Price Transparency Won’t End the Patent Games | Bloomberg

Drug-Price Transparency Won’t End the Patent Games | Bloomberg

The laws regulating generic drugs were built on an important compromise. Companies would get a certain amount of time to have a monopoly on a new drug to reward them for doing the expensive research that resulted in the drug. But once that time had expired, generics would be allowed on the market, giving the […]

 

Mt. Hood Meadows starts demand-based pricing to offset ‘peak day’ problems | KATU

Mt. Hood Meadows starts demand-based pricing to offset ‘peak day’ problems | KATU

MT. HOOD, Ore. – Skiers and snowboarders hitting the lifts at Mt. Hood Meadows will see a change in price on daily lift tickets as they change to a “dynamic pricing” model. The pricing will be like demand-based price systems used by airlines or hotels. If more people are buying tickets, the price will go […]

 

Study blames Uber/Lyft for San Francisco traffic, Uber/Lyft blames Amazon, propose surge pricing | Boing Boing

Study blames Uber/Lyft for San Francisco traffic, Uber/Lyft blames Amazon, propose surge pricing | Boing Boing

A new report from the San Francisco County Transportation Authority attributes the majority (51%-73%) of the prodigious 2010-2016 increase in San Francisco traffic congestion on Uber and Lyft; the rideshare companies dispute the finding and say that it’s really down to increased Amazon Prime delivery vehicles and Lyft has offered to work with the city […]

 

You Can Rent A Bugatti… For The Price Of Buying A New Car | CarBuzz

You Can Rent A Bugatti… For The Price Of Buying A New Car | CarBuzz

Want to buy a Bugatti? You’ll be looking at a seven-figure price tag. But if you can’t afford that and still want the experience of driving one of Molsheim’s finest, you can rent one. And all it’ll cost you is the small matter of about $20,000 to $25,000 per day. That’s how much, according to […]

 

Alleviate concerns about reference-based pricing disruption | BenefitsPRO

Alleviate concerns about reference-based pricing disruption | BenefitsPRO

As more employers seek out alternatives to high cost health care, solutions like reference-based pricing, also called metric-based pricing, are becoming more mainstream. It can be a complex concept that may be misunderstood by employers, but as a broker, you can make your clients aware of this exciting solution. Reference-based pricing offers substantial savings, and […]

 

Surge in spot power prices proves stressful for Flick Electric customers | Stuff

Surge in spot power prices proves stressful for Flick Electric customers | Stuff

Power retailer Flick Electric has customers experiencing such high spot prices many are opting to switch services – but at least one other retailer is refusing to take them on as customers. The company, which offers power at wholesale prices – also called spot prices – said the surge would continue to hit their customers’ wallets in the […]

 

Cost of blood pressure drug surges in U.S. after recall | Physician’s Weekly

Cost of blood pressure drug surges in U.S. after recall | Physician’s Weekly

NEW YORK (Reuters) – Prices for two dosages of the blood pressure drug valsartan rose more than any other drug in the United States in September, following a recall of much of the drug’s supply. Chinese pharmaceutical ingredient manufacturer Zhejiang Huahai Pharmaceuticals recalled valsartan from consumers in the United States in July after finding traces […]

 

 

Events and Resources

Fall Pricing Workshops & Conference | PPS

Date: October 23-26, 2018

Location: Renaissance Dallas Addison Hotel in Addison, TX

Please make plans to join us and well over 450 of your peers for the best event anywhere. We will be in Dallas, TX,October 23-26, 2018.

 

 

14th Annual PPS European & Global Pricing Conference & Workshops | PPS

Date: November 28-30, 2018

Location: Mövenpick Hotel Amsterdam City Centre in Amsterdam, Netherlands

The Professional Pricing Society team and I are very proud to announce that we will be returning to Amsterdam for our next great event – The 14th Annual PPS European & Global Pricing Conference & Workshops held 28-30 November.

Conference keynotes, breakout sessions, and networking opportunities highlight the conference day on 30 November; While 28-29 November will be used for workshop days to help you enhance your pricing knowledge.

 

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.

 

 

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.

 

Pricing News LinkedIn Group

Join over 5,000 of your peers in the our LinkedIn discussion group. The group offers a place to share the latest pricing strategy and technology, news, events, resources, thought leadership, and discuss the latest pricing related successes and failures in the news.

 

Pricing Resources

Explore our collection of valuable pricing resources including:

 

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

 

 

“PRICE (noun) Value, plus a reasonable sum for the wear and tear of conscience in demanding it.”

– Ambrose Bierce

 

 

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