OnDemand WTP Pricing Research

Pricing News Daily > 12/11/18

PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals.

This Edition is brought to you by:

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…

 

Firms Have High Degree Of Flexibility In Implementing Price And Service Transparency Changes | Today’s Conveyancer

Firms Have High Degree Of Flexibility In Implementing Price And Service Transparency Changes | Today’s Conveyancer

Providing data and information that allows accurate comparisons Whilst the concept of being able to provide information that allows potential clients to ‘compare apples with apples’ is no doubt a good one; implementation is proving not to be straightforward. Templates have been made available, both by the regulators and the Law Society, and so on […]

 

Bitcoin plunges as rout continues to drag down cryptocurrency market | CNBC

Bitcoin plunges as rout continues to drag down cryptocurrency market | CNBC

Bitcoin fell as much as 11 percent against the U.S. dollar in 24 hours by Friday afternoon during Asian hours, marking fresh declines for the world’s largest cryptocurrency. It’s been a rough December for the digital token: Its price dropped 8 percent on the first day of the month. Bitcoin traded at $3,376.27 as of […]

 

‘Price to Beat’ Could Be a Game Changer for Business Travelers | NerdWallet

‘Price to Beat’ Could Be a Game Changer for Business Travelers | NerdWallet

If you’re a business traveler whose employer uses Rocketrip, and even if you’re not, take note: A new service that kicks back savings from travel bookings into employees’ pockets could soon change how you travel. The company, whose clients include Twitter, ServiceNow and Feld Entertainment, recently announced a new service called Price to Beat. Its […]

 

AAA Says Global Oil Glut is Good News for Gas Prices | Spectrum Local News – Buffalo

AAA Says Global Oil Glut is Good News for Gas Prices | Spectrum Local News – Buffalo

Downstate resident Steve Schoenfeld was in Western New York on business for a few days. While he’s not surprised by the cold weather, he is surprised by the gas prices. “I’m finding closer towards $3 a gallon, and this is the one time I’m buying gas when I’m up here just filling up my rental […]

 

Newcastle Airport parking: Airport bosses answer your questions after price hike backlash | Chronicle Live

Newcastle Airport parking: Airport bosses answer your questions after price hike backlash | Chronicle Live

The news that Newcastle Airport will double the price to drop off passengers outside the terminal has caused a sizeable backlash. Hiking the charge to £2 for a ten-minute stay in the Express car park is a concern among many of our readers who do not see why the increases are needed. Many have expressed […]

 

PRICE GOUGING LAW IN EFFECT IN NORTH CAROLINA | NC DOJ

PRICE GOUGING LAW IN EFFECT IN NORTH CAROLINA | NC DOJ

(RALEIGH) The price gouging law that protects consumers from scammers is now in effect in North Carolina after Governor Roy Cooper declared a statewide state of emergency as a winter storm approaches this weekend. Attorney General Josh Stein notified businesses and consumers today to be on the lookout for any issues. “As the season’s first […]

 

MPs hear price gouging allegations | The Royal Gazette:Bermuda Politics – Mobile

MPs hear price gouging allegations | The Royal Gazette:Bermuda Politics – Mobile

Putting food on the table is a major worry for older residents, the head of an island charity said yesterday. Claudette Fleming, the executive director of Age Concern, said members had raised concerns over price increases in a recent survey. She said that increased cost can force older people “to go without”. Ms Fleming explained: […]

 

Sulphuric acid prices increased 4-fold in 6 months due to Sterlite’s Tuticorin plant closure: CEO | CHEMARC

Sulphuric acid prices increased 4-fold in 6 months due to Sterlite’s Tuticorin plant closure: CEO | CHEMARC

Sterlite Copper’s Tuticorin plant closure has led to a spike in prices of phosphoric and sulphuric acids, adversely affecting the downstream chemical and fertilisers industry, a top company official said. The unit was owned by Vedanta in Tamil Nadu and was closed in May this year following a government order. “In the last six-months, prices […]

 

 

30th Annual Spring Workshops & Conference May 7-10, 2019 | PPS

We are excited to announce we’ll be in Atlanta, GA for our 30th Annual Spring Pricing Workshops & Conference May 7-10, 2019! You can register now and take advantage of our Early Bird Offer (Buy 2 Get 1 Free, expires March 29th).

 

Webinar (On-Demand): Machine Learning & Data – The Latest Pricing Opportunity | PPS and Vistaar

In today’s ever-evolving world, data and software driven strategies are imperative to creating sustained commercial success.

Computers are more adept than humans at sorting through data with complex variables such as frequently fluctuating costs, rapidly evolving pricing models, and shifting customer priorities. Modern pricing software solutions, powered by advanced algorithms and machine learning techniques, enable businesses to constantly analyze data on an unparalleled scale and drive decision making based on data.

In this PPS webinar, Vistaar’s Director of Product Management, Dushyant Zutshi, discusses how advanced algorithms and machine learning techniques drive intelligent pricing and sales strategies for success in the data-driven world.

 

On-Demand Training: Value-Based Pricing and Value Modeling: Theoretical & Practical Perspectives | PPS 

As part of his Ph.D. research, Stephan Liozu studied the organizational and behavioral factors influencing the firm transformation towards pricing excellence. Pricing excellence combines both dimensions of pricing orientation and pricing realization leading too superior pricing power and ultimately to superior firm performance. During his research explorations, Stephan Liozu studied in depth the value-based pricing methodology and one of the steps of this methodology called economic value modeling. This PPS Online Pricing Course will present the latest concepts, practices and tools related to both methodologies.

This Online Pricing Course will combine theoretical information as well as very practical recommendations on how to implement value-based pricing and conduct a value modeling process. Stephan will present a case study on how he was able to pilot and test his 5 C model of transformation in practice.

Stephan Liozu will also review the main concepts of pricing orientation and pricing realization. He will also present some of the latest concepts related to value-based pricing including some definitions, key success factors and potential barriers to adoption. The value modeling process will be discussed in great details and several examples of value models will be presented.

 

Explore our collection of valuable pricing resources including:

Find a Job

Find your next Pricing Adventure by searching our job board that includes pricing team openings at great companies like PayPal, Owns Corning, RR Donnelley, and Conagra Brands.

Post a Job

We want to help you find great candidates for no charge – find your next Pricing Team member by posting your job today.

 

Pricing News on LinkedIn

Join 1,000’s of your peers in the our LinkedIn discussion group. The group features informative pricing strategy and technology focused news, events, resources, thought leadership, and discussions about the latest pricing strategy, tactics, and tech successes and failures in the news.

 

 

“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

Posted in: Pricing News Daily