Pricing News Daily > 10/5/17

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:

 

 

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 by Scott Francis in 2005 with a vision of enabling B2B clients to build sustainable strategic pricing capability to significantly improve their profitability. By providing flexibility in how we serve our customers, SPS consulting enables clients to build sustainable strategic pricing capability and continuous improvement in profitability through better pricing decisions.

Click a link below to learn more…

 


Headlines

Pixel launch will test Google hardware strategy and Apple rivalry | MarketWatch

Pixel launch will test Google hardware strategy and Apple rivalry | MarketWatch

“The devil is in the details,” said Dawson over the phone. “The reality is they sold 2 million phones because of limited supply, limited distribution and that they were not differentiated in the market. Unless those things change, it’s not going to be that material to Google’s sales. Even if they move twice as many […]

 

J.C. Penney’s (JCP) Awful Year Comes at the Hands of Brutal Discounting | TheStreet

J.C. Penney’s (JCP) Awful Year Comes at the Hands of Brutal Discounting | TheStreet

Ellison, whose company’s stock is lower over 57% year-to-date, was confident in stating that this year’s holiday season is shaping up favorably for the retailer while noting beauty, home refresh, omnichannel, pricing strategy, and women’s apparel are instrumental in generating positive same-store-sales. Ellison also told the analysts that investors should primarily focus on the company’s […]

 

Attendance rides higher at Tokyo Disney Resort in first half | Nikkei Asian Review

Attendance rides higher at Tokyo Disney Resort in first half | Nikkei Asian Review

Visitors to Universal Studios Japan in Osaka likely exceeded the prior year’s record of 7 million people for the half. Attendance was driven by Minion Park, a roughly 10 billion yen ($88.7 million) facility opened in April. The new area attracts a wide range of fans from young women to families. The main attraction drew […]

 

Pitch Perfect: 4 tips for winning new business | The Drum

Pitch Perfect: 4 tips for winning new business | The Drum

2. Weave price into your pitch narrative Once you’ve made it to the pitch, the inevitable question will be asked – how much? Paul Williamson, managing director at Sports Ink, suggested that at the moment, agencies see price as something to simply put in at the very end of a document rather than an “incredibly […]

 

HomeAdvisor CEO Chris Terrill says Angie’s List will be reignited | IndyStar

HomeAdvisor CEO Chris Terrill says Angie’s List will be reignited | IndyStar

Ken Copley, an analyst and portfolio manager with Iowa-based Capital Executive LLC, who has followed Angie’s List, said he’s not surprised to hear that Angie’s List’s staffing has leveled off, but added he’s skeptical that the combined company will expand its workforce in Indianapolis. “I don’t know about the growth. It might be marginal,” Copley said. […]

 

Smartphone average selling price sees 25% jump in Q2 | Business Line

Smartphone average selling price sees 25% jump in Q2 | Business Line

The average selling price of smartphones in India touched $157 in the second quarter of 2017. This is an increase of $30 or 25 per cent compared to the average selling price last year, according to data provided by International Data Corporation. Smartphone price on an average was up by just 3 per cent in […]

 

The Best Ways to Save Money When Shipping Packages for Your Small Business | Entrepreneur

To help ease the complexity that parcel management often presents to merchants, it’s important to recognize the various opportunities and demands that shipping introduces to commerce based businesses. Sim offers the following five points when aiming to streamline your shipping strategy. Identify serviceable markets: Commerce is global, with potential customers ordering from every corner of […]

 

Uber offers refund after fare hike following Croydon bomb scare | Eastlondonlines

Uber offers refund after fare hike following Croydon bomb scare | Eastlondonlines

Uber pledged today to refund commuters stranded at East Croydon Station after a bomb scare yesterday led to people paying almost triple their normal fare. The so-called “surge” price came after the station was forced to close after reports of a suspicious package. In a statement given to Eastlondonlines an Uber spokesperson explained how the app uses “dynamic pricing” to increase the fare in areas of […]

Tags: ,

 


 

Featured Content and Events

Book: 8 Keys to Price Optimization

Book: 8 Keys to Price Optimization

Summary: Price optimization enables companies to move beyond cost-plus pricing and determine the range of prices that could be charged for a variety of customers and products. Price optimization can increase current operating income by 1 to 4% of sales, which in many cases will translate into a 20 to 50% increase in operating income. The most sophisticated […]

 

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…

“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

 


 

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