Pricing News Daily > 10/20/17

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: PPS Logo

 

 

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.

Click a link below to learn more…

 


Headlines

Apple (AAPL) iPhone X Profit Margins Can Make Up for Soft iPhone 8 Sales Analyst Says | TheStreet

Apple (AAPL) iPhone X Profit Margins Can Make Up for Soft iPhone 8 Sales Analyst Says | TheStreet

Shares of Apple gained 1.15% to $158.80 on Monday, after Hargreaves upgraded the stock from sector weight to overweight and set a target price of $187 per share. Apple shares are up almost 38% so far this year. Apple’s aggressive pricing strategy, an improved outlook for iPhone X margins and the App Store’s growth bode well […]

Tags: 

 

The Psychology of Competitive Pricing for Ecommerce | Business2Community

The Psychology of Competitive Pricing for Ecommerce | Business2Community

Pricing for ecommerce is a tricky beast. You need to account for competition with other sellers, but you don’t want to de-value your products in a race-to-the-bottom. Purely competitive pricing can lead to disappointing results: you might not sell enough to compensate for offering the lowest prices. A profitable pricing strategy involves considering not only […]

Tags: ,

 

Using oil revenues to diversify the economy | The Worldfolio

Using oil revenues to diversify the economy | The Worldfolio

An interview with Yang Berhormat Pehin Datu Singamanteri Colonel (Retired) Dato Seri Setia (Dr.) Awang Haji Mohammad Yasmin bin Haji Umar, Minister of Energy and Industry at the Prime Minister’s Office in Brunei You recently signed a nine-month extension to the voluntary oil production adjustment with OPEC and non-OPEC members in a bid to stabilize […]

Tags: 

 

Amazon dropped prices as soon as Noon launched, says Alabbar | ZAWYA MENA Edition

Amazon dropped prices as soon as Noon launched, says Alabbar | ZAWYA MENA Edition

American e-commerce giant Amazon, which expanded its presence in the Middle East market with the purchase in March of Dubai-based Souq.com, responded to the launch of local rival Noon.com by immediately cutting its prices, according to the latter’s founder and major investor Mohamed Alabbar. Speaking at a Leadership Dialogue panel held at the first day […]

Tags: ,

 

Why furniture retailer Freedom Australia is cutting prices on 5,000 items and ditching flash sales | SmartCompany

Why furniture retailer Freedom Australia is cutting prices on 5,000 items and ditching flash sales | SmartCompany

Furniture retailer Freedom Australia says it is moving away from “potentially confusing” rolling sales in favour of an everyday low prices strategy, but one expert says completely removing the rush that sales events prompt could present challenges for the business. The 36-year-old furniture and homewares business told Inside Retail this week that its new strategy will […]

Tags: 

 

Dynamic pricing – an unrealised threat for food brands and e-retailers | Food Navigator

Dynamic pricing – an unrealised threat for food brands and e-retailers | Food Navigator

Fixed pricing has ruled the high street since 1861 when John Wanamaker opened a department store in a Quaker district of Philadelphia. He introduced price tags for his goods, along with the lofty slogan: “If everyone was equal before God, then everyone would be equal before price.”​ Ever since then, consumers have expected the prices […]

Tags: 

 

Vanguard changes pricing structure on mutual funds | Fund Strategy

Vanguard changes pricing structure on mutual funds | Fund Strategy

Vanguard has changed the pricing structure across its mutual funds to align it with the way costs are calculated among its peers. Funds across Vanguard’s UK and Ireland domiciled fund ranges now use swing pricing rather than single pricing, meaning that if the fund’s investors make large purchases or redemptions the price will be adjusted […]

Tags: 

 

What’s new in the ski mountains of Tahoe? | Slope Dope

What’s new in the ski mountains of Tahoe? | Slope Dope

Oh, there’s big news here. At last, the longed-for, dreamed-of, lusted-after new chairlift is going up. It’s a highspeed sixpack lift that will whisk grateful riders from the mid-mountain lodge to the peak nearly three times faster than before. The almost 10-minute ride now takes just over three minutes. And because the new off-ramp is […]

Tags: 

 


 

Featured Content and Events

Certification: Certified Pricing Professional (CPP)

Certification: Certified Pricing Professional (CPP)

The Certified Pricing Professional (CPP) designation is the standard for advanced knowledge and expertise in the field of Pricing. Since 2003, over 900 individuals have taken courses in pricing through Professional Pricing Society and pass their exam to earn the CPP designation. The CPP indicates knowledge and skill in pricing across industries. We also offer the industry standard professional pricing certification via and live Workshops hosted during our conferences around the world. We can help you develop a personal pricing education roadmap to give you the exact tools your need based on your industry and professional background.

 

Webcast: Boost Profitability with Better Contract Management 1-Nov | SPA

Webcast: Boost Profitability with Better Contract Management 1-Nov | SPA

During the webinar, SPA – a leading provider of analytics and training to distribution and manufacturing companies – will review challenges associated with contract management and introduce the SPA Contract Management Solution (CMS) which is designed to help companies overcome these challenges so that they can regain control and profitability in the toughest part of their business. CMS is a cloud-based, ERP-agnostic workflow tool that provides flexible, easy-to-use options for searching, summarizing, and modifying what is often a hornet’s nest of data.

This webinar will be hosted on two different occasions for your convenience:

Click here to attend on Wednesday, November 1st from 2:00 PM – 2:45 PM EDT

– Click here to attend on Thursday, November 2nd from 11:00 AM – 11:45 AM EDT

 

Conference: 28th Annual Fall Pricing Workshops & Conference | PPS

Conference: 28th Annual Fall Pricing Workshops & Conference | PPS

Date: October 24-27, 2017

Location: Hilton San Diego Bayfront in San Diego, California

Hear from our President, Kevin Mitchell, give insight on the conferences we offer.  Please make plans to join us and well over 500 of your peers for the best event anywhere as we discuss Data, Change Management and the Profit Landscape. Don’t miss out on the Early Bird Discount (Buy 2 Get 1 Free). It expires September 15th!

CONFERENCE HIGHLIGHTS

  • 12 Certified Pricing Professional Workshops
  • 4 Breakout Tracks
  • Over 40 Speakers
  • 2 Full Conference Days
  • Over 100 Hours of Networking

 

 

DigitalPricingSummit_300x250

Conference: Digital Pricing Summit | IQPC

Pricing transformation through digital disruption.

DIGITAL TRANSFORMATION AND E-COMMERCE | DIGITAL PRICING STRATEGIES FOR B2C | E-COMMERCE PRICING IN THE B2B CONTEXT | VALUE CREATION AND CHANNEL MANAGEMENT | DIGITAL SUBSCRIPTIONS AND PAYMENTS | REVENUE MANAGEMENT & COMMERCIAL EXCELLENCE

  • Understand how digitalisation and online services are changing the future of commerce
  • Develop superior pricing strategies in the highly competitive B2C space
  • Explore how digital transformation and ecommerce are interdependent in the B2B context
  • Value creation, communication, managing partners and channel conflict
  • Leverage margin enhancement in digital subscriptions and leveraging digital payment platforms
  • Identify revenue management and commercial strategies for pricing excellence
  • Learn about setting up ecommerce platforms, subscriptions, data analytics and applications for pricing excellence.


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

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

– Ambrose Bierce

 


 

Pricer’s Points Blog Series

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.

Check out some recent additions…

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.

Check out some recent favorites…

Pricing News LinkedIn Group

Join 1,000’s 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.

PricingHub

Explore our archives of valuable pricing resources including:

Posted in: Pricing News Daily