Pricing News Daily > 10/3/18

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™).

Click a link below to learn more…

 

 

eBook: Five Ways Pricing Software Gets Sales in the Game | Vistaar

eBook: Five Ways Pricing Software Gets Sales in the Game | Vistaar

Traditional pricing software served primarily as a BI tool for pricing practitioners. Without clear, actionable pricing actions for sales, it left them on the sideline. However, modern pricing technology has taken on innovative approaches not just to assist pricing practitioners, but to operationalize the sales community. Pricing software now gets sales in the game. This eBook, […]

Energy should be ‘fairer and greener’ for all | inews

Energy should be ‘fairer and greener’ for all | inews

Our most critical tool was our commitment to fair and affordable prices that people could believe in. We add only about 5 per cent on top of the wholescale energy we supply to cover all our costs of doing business and profit. In this day and age consumers expect total price transparency from the businesses […]

 

UK’s first theatre convention StageCon postponed after backlash against ticket prices | London Evening Standard

UK’s first theatre convention StageCon postponed after backlash against ticket prices | London Evening Standard

The organisers of StageCon, the UK’s first ever convention for theatre enthusiasts, has announced that the event will be postponed until next year after feedback from fans. The convention, planned to run November 3-4 at Shoreditch Town Hall, was announced in August, but came up against immediate backlash due to the price of tickets – […]

 

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

NEW YORK, NY.- Sotheby’s Wine unveiled the full contents of their autumn 2018 auctions in New York. Led by The Macallan 1926 60 Year Old (Sir Peter Blake Label) as well as an historic offering of Rare Domaine de la Romanée-Conti Wines from the Personal Cellar of Robert Drouhin, the series of four auctions this […]

 

Bobbejaanland to introduce pay-as-you-go pricing | blooloop

Bobbejaanland to introduce pay-as-you-go pricing | blooloop

Bobbejaanland has scrapped its entry fee in favour of a pay-as-you-go app, where visitors only pay for the minutes that they are present in the park. Visits can cost as little as €0.12 per minute. The innovative pricing structure will utilise an app called Tapperuse. The app has been used in children’s playgrounds, swimming pools […]

 

High Price Poor Quality Death Spiral | Strategic Pricing Solutions

High Price Poor Quality Death Spiral | Strategic Pricing Solutions

For my daily news, I subscribe to the Wall Street Journal, Miami Herald, New York Times, Washington Post, and the Florida Times-Union.  Interestingly, I am likely to cancel the Times-Union soon because it charges the highest price and delivers the lowest quality.  It is an excellent example of a business that tries to save itself […]

 

Why the Age-Based Pricing Model is an Outdated Investment Tool | CBT News

Why the Age-Based Pricing Model is an Outdated Investment Tool | CBT News

In a recent news article, Cox Automotive SVP Dale Pollak shared a sneak peak of what he promises to be better metrics for determining the price of used-vehicles. Pollack claims that pricing a vehicle based on ‘days on the lot’ is a measure of operational efficiency that is as outdated as the sundial. What’s Wrong […]

 

Park City Parking Just $1 For Shoulder Season | KPCW

Park City Parking Just $1 For Shoulder Season | KPCW

“When council decided to adopt this parking program it was not only to try and manage demand in peak seasons and high volume, but it was also to contribute towards councils’ critical priorities of reducing greenhouse gas emissions and single occupancy.” Smooth said, “These all go towards energy and transportation, those are the two critical […]

 

 

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.

Don’t miss out on the Early Bird Discount (When 2 people from the same firm register at the same time (item of equal or lesser value), the 3rd registrant can attend FREE of charge). Offer expires September 14th!

 

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…

 

 

“The single most important decision in evaluating a business is pricing power,” Buffett told the Financial Crisis Inquiry Commission in an interview released by the panel last week. “If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business.”

     – Warren Buffett

 

 

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