Pricing News Daily > 11/3/17

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: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™).

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Headlines

Amazon, Google and Microsoft Earnings Reports Show Growth | Fortune

Amazon, Google and Microsoft Earnings Reports Show Growth | Fortune

The cinema business is thinking about experimenting with dynamic pricing, as Bloomberg reported this week. Dynamic pricing—charging more when goods and services are in high demand and short supply and less when the opposite is true—isn’t new. Gasoline retailers, hoteliers, and airlines have been deploying the technique for years. Uber did it too—to great success […]

 

Best Buy is charging an extra $100 for the full-price iPhone X | Chicago Tribune

Best Buy is charging an extra $100 for the full-price iPhone X | Chicago Tribune

“Our prices reflect the fact that no matter a customer’s desired plan or carrier, or whether a customer is on a business or personal plan, they are able to get a phone the way they want at Best Buy,” Danielle Schumann, a company spokeswoman, said in an email. “Our customers have told us they want […]

 

Audio: What’s up? More SoCal homes going for asking price | 89.3 KPCC

Audio: What’s up? More SoCal homes going for asking price | 89.3 KPCC

In California’s hot housing market, many buyers expect they’ll need to bid above the list price. But a growing number of homes are actually selling at what owners are asking. Homes that went for the list price made up the biggest share of sales in September: 43 percent, up from 29 percent a year ago, […]

 

Cheaper travel: Flexi-fare on trains to be revised | Oneindia

Cheaper travel: Flexi-fare on trains to be revised | Oneindia

Once the new system is in place, then half the passengers who book early will get an advantage of a cheaper fare. The aim of the flexi-fare system was to generate additional revenues and reduce cross-subsidisation from freight. Further the Railway Board is also contemplating a flat increase in fares on premium trains as on […]

 

Harvey-related price-gouging complaints filed against 127 gas retailers | Caller-Times

Harvey-related price-gouging complaints filed against 127 gas retailers | Caller-Times

AUSTIN – More than 125 Texas retailers are accused of price-gouging for charging customers nearly $4 or more for a gallon of unleaded gas or diesel after Hurricane Harvey knocked out refinery capacity along the Gulf Coast in late August. Texas Attorney General Ken Paxton said Monday that he gave the retailers the option of resolving the matter […]

 

Craigslist – Apple iPhone X Prices Soar To Over $2,000 A Piece | ValueWalk

Craigslist – Apple iPhone X Prices Soar To Over $2,000 A Piece | ValueWalk

In previous posts on ValueWalk, I had suggested that as long as Apple could not supply enough phones to meet the demand at its announced prices, it should charge a few hundred dollars more to buyers who were willing and able to pay a higher price to avoid waiting months for their phones. Following that […]

 

China challenging U.S. dollar by pricing oil in yuan | Digital Journal

China challenging U.S. dollar by pricing oil in yuan | Digital Journal

As a result of the U.S. dollar being used to price and trade oil there is a huge demand for U.S. dollars, giving the U.S. great economic and strategic power. China is reported to be setting up a futures market using its own yuan currency and also will introduce an oil benchmark priced in yuan […]

 

McDonald’s rebounds with Easterbrook’s low-price McPick strategy | Crain’s Chicago Business

McDonald’s rebounds with Easterbrook’s low-price McPick strategy | Crain’s Chicago Business

Sounds a lot like the formula behind McDonald’s last great turnaround. Its Dollar Menu lifted the chain out of a slump in the early 2000s and enabled the Oak Brook company to outpace rivals in comparable-store sales from 2004 through 2011. Along the way, McDonald’s trotted out salads and other healthier menu offerings, as well […]

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Featured Content and Events

Book: Dollarizing Differentiation Value – A Practical Guide for the Quantification and the Capture of Customer Value

Book: Dollarizing Differentiation Value – A Practical Guide for the Quantification and the Capture of Customer Value

Summary: Now is the time to answer that “value” question so well and so completely that your organization thrives. The biggest winners in the 21st century will have value-based strategies, value-based innovation, value-based marketing, and value-based pricing. There has never been a more exciting and lucrative time to pay attention to value and turn a […]

 

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

“For me, it’s not about price. It’s about necessity, quality, and usefulness.

     – Fergie

 


 

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