Pricing News Daily > 10/26/18

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.

 

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Professional Pricing Society

Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing Solutions software. PPS also offers more than two dozen, full-day training workshops every year, taught by leaders in the pricing community. These workshops serve as the foundation for PPS’s Certified Pricing Professional (CPP) designation, our state of the art pricing certification program. Candidates may be certified after mastering a multi-stage curriculum followed by rigorous testing. Successful CPPs have acquired the core knowledge which not only places them in the top rungs of the pricing field, but also gives them the tools to enhance substantially their own careers.

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Maryland asks Supreme Court to uphold law against generic drug price-gouging | Becker’s Hospital Review

Maryland asks Supreme Court to uphold law against generic drug price-gouging | Becker’s Hospital Review

Maryland Attorney General Brian Frosh is asking the U.S. Supreme Court to uphold a state law designed to combat price-gouging of generic drugs. He specifically seeks to reverse the 4th U.S. Circuit Court of Appeals’ April decision that the law violated the U.S. Constitution by attempting to regulate trade outside of Maryland, The Baltimore Sun […]

 

NTUC Income’s new insurance plan shields commuters from surge pricing on Grab when it rains, Transport | THE BUSINESS TIMES

NTUC Income’s new insurance plan shields commuters from surge pricing on Grab when it rains, Transport | THE BUSINESS TIMES

IN a move that suggests ride-hailing and surge pricing are here to stay, NTUC Income on Wednesday announced the launch of Droplet, a first-of-its-kind insurance product that protects commuters against unpredictable surge pricing on ride-hailing platforms when it rains. For now, Droplet covers only rides booked via Grab. It will be extended to other ride-hailing platforms by […]

 

What’s The Future Of MoviePass? Popular App To Be Spun Off From Parent Company | Infosurhoy

What’s The Future Of MoviePass? Popular App To Be Spun Off From Parent Company | Infosurhoy

The move came less than a week after New York Attorney General Barbara Underwood started an investigation into Helios and Matheson for possible securities fraud. Shares of Helios and Matheson Analytics have plummeted amid worries that it could be delisted by the Nasdaq. Investors responded positively to the news. Shares of Helios and Matheson gained […]

 

WLTP ‘artificially inflating’ used car prices, says Shoreham Vehicle Auctions | Fleet Industry News

WLTP ‘artificially inflating’ used car prices, says Shoreham Vehicle Auctions | Fleet Industry News

Used vehicle prices are being artificially inflated post-WLTP as competition hots up for ex-fleet and nearly-new stock, says Shoreham Vehicle Auctions (SVA). The company predicts they are likely to stay this way until spring next year as the used car market continues to thrive and manufacturers continue to iron out their WLTP challenges. … This […]

 

iPhone XR is Apple’s strategy to disrupt itself with features and price before others do, says analyst | 9to5Mac

iPhone XR is Apple’s strategy to disrupt itself with features and price before others do, says analyst | 9to5Mac

While the analyst note mentions that it’s still of course worthwhile for Apple to make its high-end iPhones, Lam says that the XR is Apple’s way of disrupting itself before others have an opportunity to. While there is still strong demand for premium smartphone products, the marketers at Apple understand that most consumers will not […]

 

How enterprises use dynamic pricing algorithms with AI, CRM | Tech Target

How enterprises use dynamic pricing algorithms with AI, CRM | Tech Target

Dynamic pricing, a strategy in which prices for things like hotel rooms, airline tickets, computer hardware and basically anything on Amazon change minute by minute, has been around for years. What’s new is AI-assisted dynamic pricing algorithms hard-wired into CRM platforms, giving Salesforce and Microsoft Dynamics users the ability to automate real-time pricing according to […]

 

Hyundai CMO Evans: ‘94% of customers like or love our car-buying process’ | The Drum

Hyundai CMO Evans: ‘94% of customers like or love our car-buying process’ | The Drum

The finding was one of a few discussed by Dean Evans, Hyundai North America’s chief marketer at the JD Power Automobile Marketing Roundtable in Las Vegas. After piloting the program in Houston, Dallas, Atlanta and Miami in 2017, Evans took the program nationwide across 330 dealerships. In a keynote to automobile marketers, Evans spoke on […]

 

 

Events and Resources

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…

 

 

“Pricing strategy always has been more of a poker game than a science.”

     – William T. Moran

 

 

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