Pricing News Daily > 1/19/18

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.

This Edition is brought to you by: SPOSEA logo JPG

 

SPOSEA B.V.

SPOSEA B.V. drives increased profitability for SAP users by SIMPLIFYING SAP’s Price Data Optimization, Management and Execution. We provide the SAP ecosystem with enterprise-wide Price Management that increases margins through optimized prices. Our family of products includes BrightPrice Optimizer, BrightPrice Manager, BrightPrice DealManager, and BrightPrice MarketDynamics. We provide out of the box solutions for effectively managing Pricing in SAP. SPOSEA is headquartered in Eindhoven, the Netherlands, and has offices in San Francisco, California and Walldorf, Germany.

Click a link below to learn more…

 

Headlines

Bruce Springsteen Saves Broadway Box Office From Winter Freeze | Forbes

Bruce Springsteen Saves Broadway Box Office From Winter Freeze | Forbes

After a planned break from his incredibly successful gig on Broadway, Bruce Springsteen returned to the stage this week – and brought a windfall with him. His show, Springsteen On Broadway (natch), racked up $2.4 million in sales, which is par for the course since it opened in October. Playing just five times a week, it […]

 

Can dynamic pricing be a headache for brands? | Econsultancy

Can dynamic pricing be a headache for brands? | Econsultancy

But the thing that really stood out about the activity was this: there were no price tags in-store. Visitors to the pop-ups had to scan a product on the Amazon app in order to find out the price. Easy to see how this benefits Amazon. Not so easy to see how it benefits shoppers, or […]

 

Ram Redesign Improves Fiat Chrysler’s Shot at Luxury Prices | Bloomberg

Ram Redesign Improves Fiat Chrysler’s Shot at Luxury Prices | Bloomberg

If you hadn’t noticed, Ford, Chevy and Ram pickups are now priced a lot more like luxury cars. They still have to work, and the people who buy them obsess over towing, payload and durability to make sure they get their money’s worth. But a growing number of trucks also feature the kinds of comfort, […]

 

Taxi concerns persist amid record year for tourism | Cayman Compass

Taxi concerns persist amid record year for tourism | Cayman Compass

Tourism businesses remain concerned about inconsistent pricing and lack of a reliable nighttime service from taxis. The Cayman Islands Tourism Association is also asking government to “revisit” the policy of allowing drivers to charge an additional 20 percent per passenger when there are more than three people in the cab. Concerns over pricing were raised […]

 

Accounting Firm Fees: Increasing Pricing With Current Clients | Firm of the Future

Accounting Firm Fees: Increasing Pricing With Current Clients | Firm of the Future

Top-Down Pricing You can also set top-down pricing by starting with total client savings or the perceived value of the project. One of the easiest examples of this in the QuickBooks® consulting world is when you acquire a client who needs to downsize his or her accounting system. Let’s say the owner is paying $20,000 […]

 

Upscale London Restaurant Implements ‘Surge Pricing’ | MUNCHIES

Upscale London Restaurant Implements ‘Surge Pricing’ | MUNCHIES

You know that awful feeling you get when a certain ride-sharing app unilaterally changes the price of your late-night trip home from the bar? It’s a sense of betrayal symptomatic of the modern age, when a smartphone program that you’ve come to rely on tells you that you’re either a sucker or stranded. Well, a […]

 

Website, app for I-66 tolls failed to display price, some drivers paid $39 for trip | The Washington Post

Website, app for I-66 tolls failed to display price, some drivers paid $39 for trip | The Washington Post

Michelle Holland, a spokeswoman for VDOT, said there was a “maintenance issue” that a vendor, Transcore, which operates the tolling system, had with the system. The tolls are in place along a roughly nine-mile stretch of I-66 inside the Beltway, operating on a dynamic pricing system that changes every six minutes based on demand. Since […]

 

Varying fuel costs at pumps raise doubts about owners | Times of India

Varying fuel costs at pumps raise doubts about owners | Times of India

PUNE: Citizens are foxed by the difference in fuel prices at various pumps in Pune on any given day and time. City-based businessman, Prasanna Parmar, said he visits the pumps affiliated to all three state-owned oil companies before deciding where to refuel his vehicle. “The prices of petrol and diesel at Hindustan Petroleum Corporation Limited […]

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Featured Jobs

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

 

Title: Senior Pricing Analyst

Company: ROCKWOOL North America 

Location: Chicago, IL, US

Seniority: Mid-Senior level

Click here for more

 

Title: Pricing Analyst

Company: Anixter

Location: Glenview, IL, US

Seniority: Not Applicable

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).

 

Bright Price Market Dynamics – Get a powerful solution to effectively optimize and analyze price data in SAP | SPOSEA

Bright Price Market Dynamics – Get a powerful solution to effectively optimize and analyze price data in SAP | SPOSEA

Dynamic pricing solution for Geo-Targeted Price Optimization The Right Price All Over the World DYNAMIC PRICING Our Dynamic pricing software combines real- time market analyses with intelligent price optimization techniques. The optimal pricing strategy will boost your traffic, sales and profits. EXIT INTENT TECHNOLOGY Our Exit Intent technology uses refined behavioral analysis techniques to trigger […]

 

 

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

 

 

“Consumers rarely respond to the lower prices enough to offset lower margins.”

     – KURT JETTA

 

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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