Pricing News Daily > 11/8/18

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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Prices vary within hospitals: Why patients should price shop payers | Becker’s Hospital Review

Prices vary within hospitals: Why patients should price shop payers | Becker’s Hospital Review

Research on price variation in healthcare often shows the stark differences patients pay for the same procedure at one hospital compared to another. However, a working paper published by the National Bureau of Economic Research suggests payers play an equally significant role in price variation, even within the same hospital. … For these five procedures, […]

 

Prescription Drug Prices: A Bitter Pill In The Midterm Elections | Forbes

Prescription Drug Prices: A Bitter Pill In The Midterm Elections | Forbes

All the campaign rhetoric leading up to Election Day 2018 next Tuesday is enough to give you a headache. Maybe that’s one reason why high prescription drug prices have become a major concern among older voters for the midterm elections. “This is a pain point,” said Tim Lash, chief strategy officer of West Health Institute […]

 

Australian banks ‘sucking’ New Zealand’s wealth, expert claims | Newshub

Australian banks ‘sucking’ New Zealand’s wealth, expert claims | Newshub

‘Sucking’ New Zealand’s wealth Mr Stubbs said it’s time Kiwis became more aware of the money they’re handing over to Australian banks. He said that would be bad news for them, because once people find out what they’re paying, they might switch to another cheaper option, which could force prices down. “Do you know what […]

 

FCA criticises insurance premium pricing | Which? News

FCA criticises insurance premium pricing | Which? News

The Financial Conduct Authority (FCA) has published a scathing report on home insurers’ pricing practices – highlighting serious concerns about whether consumers are being fairly treated. As a preliminary step to a broader insurance investigation, the government watchdog has reviewed the approaches to pricing and storage of customer data of 18 home insurance firms, representing around 40% […]

 

UK government to probe how online retailers target shoppers with personalised pricing | The Drum

UK government to probe how online retailers target shoppers with personalised pricing | The Drum

The UK government is launching an inquiry into how online retailers use personal data to target consumers with individual prices for purchases like holidays, cars and household goods. The Competition and Market Authority (CMA) has commissioned research to explore just how widespread the practice of targeting consumers through personalised pricing and search results is. The […]

 

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Morrisons, Verizon, Pinterest: Everything that matters this morning | Marketing Week

Government launches inquiry into online pricing The government is launching an inquiry into online pricing that will look into how personal data can be used to set individual prices for items such as holidays, cars and household goods. The research, conducted by the competition watchdog, will consider the use and prevalence of ‘dynamic pricing’ and […]

 

Home Prices In US Cities Down Slightly From Record Highs | inman

Home Prices In US Cities Down Slightly From Record Highs | inman

Home prices in the nation’s metropolitan markets rose to a median of $266,900 in the third quarter of 2018 – up 4.8 percent from the same time last year – but are slightly down over last quarter’s record high, since the National Association of Realtors (NAR) started tracking the data in 1979. “Though inventory is […]

 

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing | The National Law Review

The CMA’s Paper on Pricing Algorithms, Collusion and Personalised Pricing | The National Law Review

On 8 October 2018, the UK Competition and Markets Authority (“CMA”) published a Working Paper on the ‘use of pricing algorithms to facilitate collusion and personalized pricing’ (the “Paper”). It follows a number of other initiatives from competition authorities regarding algorithms, including the recent German Monopolies Commission’s proposals regarding pricing algorithms, which was the subject […]

 

 

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.

 

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.

 

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 Resources

Explore our collection of valuable pricing resources including:

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

 

“Nowadays people know the price of everything and the value of nothing.”

     – Oscar Wilde

Posted in: Pricing News Daily