Pricing News Daily > 1/10/18

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.

Click a link below to learn more…

 


Headlines

Prices and Competition to Shape the Year Ahead | Pharmaceutical Executive

Prices and Competition to Shape the Year Ahead | Pharmaceutical Executive

The pharmaceutical industry faces a tumultuous year in Washington, as policymakers continue to press for curbs on too-high drug prices, and tax and budget reforms may threaten resources and initiatives for the FDA, the National Institutes of Health, and public health programs. Inaction by Congress and the White House will prompt more states to propose […]

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Companies divided on raising prices or slashing benefits to handle wage hike | 680 NEWS

Companies divided on raising prices or slashing benefits to handle wage hike | 680 NEWS

TORONTO – Signs announcing price increases and letters to employees slashing benefits have grown rampant in Ontario, revealing two very different approaches businesses have gravitated toward in the wake of province’s minimum wage hike. Some Tim Hortons franchises have faced significant backlash after cutting paid breaks and forcing workers to cover some of their dental […]

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BRAUN: Surge pricing made Monday’s power failure even worse | Toronto Sun

BRAUN: Surge pricing made Monday’s power failure even worse | Toronto Sun

This came from Lyft Communication Manager Campbell Matthews: “Due to the winter weather and the power outage, there were more people requesting Lyft rides this morning than there were drivers to provide them. We monitored the conditions, communicated with drivers, and encouraged them to get on the road. Still, this heightened demand caused some areas […]

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Government rejects Parliamentary panel suggestion to cap airfares | India Today

Government rejects Parliamentary panel suggestion to cap airfares | India Today

The report clearly placed the onus on the Ministry of Civil Aviation to fix things. It read, “The Ministry of Civil Aviation, though aware of the rampant exploitation, is not showing any proactive role in regulating airfares. The Committee therefore recommends the Ministry of Civil Aviation to consider fixing an upper limit of fares for […]

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As a driver, I would support pay-per-mile road pricing | The Independent

As a driver, I would support pay-per-mile road pricing | The Independent

You can see the problem though. Once we all have our electric personal transportation pods what will happen to the roads? Apart from some toll bridges, motorway sections, and the London congestion charge zone today, they are free to use at the point of use. Some method of prioritising essential and emergency traffic has to […]

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The SaaS Trends You Need to Know for 2018 | OpenView Labs

The SaaS Trends You Need to Know for 2018 | OpenView Labs

Companies Pay Attention to Pricing (Finally) 2018 will be the year that companies finally pay attention to pricing. After all, it’s fundamental to how businesses make money and is a SaaS company’s most efficient profit lever. Yet, 53% of companies have no one on their team dedicated to pricing, even if it’s just one component […]

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MakeMyTrip: We didn’t want to compromise on market leadership: MakeMyTrip, CEO, Rajesh Magow | The Economic Times India

MakeMyTrip: We didn’t want to compromise on market leadership: MakeMyTrip, CEO, Rajesh Magow | The Economic Times India

At a time when our focus was to drive hotel business from a growth perspective really aggressively, the market dynamics changed with the Ibibo group taking to a very aggressive pricing strategy in terms of acquiring customers in the hotel space and were more volume-focused. This was about a year before the merger. In this […]

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Striking the right balance in fuel pricing | Punch Newspapers

Striking the right balance in fuel pricing | Punch Newspapers

The acute fuel shortage experienced during the last festive season may have abated but the major issue remains: How best to address the challenge of appropriate fuel price that guarantees adequate supply without much damage to the economy. With the international crude oil price likely to stay above US$50 per barrel in 2018 (thanks to […]

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Featured Jobs

We will be launching a Pricing Niche Job Board soon, stay tuned!

 

Title: Manager, Pricing & Analytics

Company: Tiffany & Co.  

Location: New York City, NY, US

Seniority: Mid-Senior level

Click here for more

 

Title: Manager, Global Pricing Strategy & Analytics

Company: The Estée Lauder Companies Inc. 

Location: New York City, NY, US

Seniority: n/a

Click here for more

 

Featured Content and Events

EU Pricing Summit 2018 300x250

European Pricing Summit 2018 | Finance iQ

Date: April 16-18, 2018

Location: TBD in London, England

The advent of disruptive technology, growth of e-commerce and increasing competition from global markets are just a few of the reasons why leading companies are spending time and money to develop a pricing strategy that works.

Many pricing leaders are wondering what direction to take their pricing strategy in and want to benchmark with other organisations to decide what is the most profitable option. But KPIs and pricing models are almost always confidential, and the majority of organisations are unwilling to disclose the facts and figures that the industry needs. The industry has a dilemma where practitioners want to have insights on new developments in strategies, but they are usually subject to commercial secret.

Given this situation, IQPC will be launching a limited-access, confidential mentoring panel as part of our European Pricing and Commercial Excellence Summit to enable our clients to obtain first-hand tips from our mentors to assist them in creating the most profitable pricing strategy.

 

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29th Annual Spring Pricing Workshops & Conference | PPS

Date: May 1-4, 2018

Location: Loews Chicago O’Hare Rosemont Hotel in Chicago, IL

We are excited to announce we’ll be in Chicago, IL for our 29th Annual Spring Pricing Workshops & Conference May 1-4, 2018!

You can register now and take advantage of our Early Bird Offer (Buy 2 Get 1 Free, expires March 23rd).

 

Training: Professional Pricing Society (PPS) Membership

Training: Professional Pricing Society (PPS) Membership

Why Become A Professional Pricing Society (PPS) Member? Your PPS membership will allow you to connect to a global pricing network of your peers who have the same career focus. Start your membership today to gain a competitive advantage and pricing power through PPS’ conferences, online training and access to top pricing executives. Increase your value by developing new knowledge, skills and solutions from leading experts in the pricing community. Your PPS membership will put you on the fast-track to obtaining your Certified Pricing Professional (CPP) designation.


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.

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This blog category offers a collection of top pricing related conversations on LinkedIn or in the comments section of pricing related blogs and articles.

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