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Pricing News Daily > 12/2/14

Pricing 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.

EditionSponsor-StrategicPricingSolutions

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Strategic Pricing Solutions

Strategic Pricing Solutions, LLC (SPS) is a management consulting firm helping clients with pricing strategies, data analytics, and pricing processes. SPS was formed by Scott Francis in 2005 with a vision of enabling B2B clients to build sustainable strategic pricing capability to significantly improve their profitability. By providing flexibility in how we serve our customers, SPS consulting enables clients to build sustainable strategic pricing capability and continuous improvement in profitability through better pricing decisions.

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Headlines

The ethical minefield of pricing | Investigo

Pricing is an area of business that has advanced hugely over the last 10 years, particularly in the online space. Companies now have access to huge amounts of customer data on which to base their pricing strategies. Using this data to maximise value or achieve the business’ aims is normally seen as a positive thing, […]

10 Sneaky Online Shopping Tricks For Scoring Major Discounts | Forbes

These days online retailers are equipped with a litany of schemes to score big with shoppers. But savvy deal hunters can strike back and nab discounts with tricks of their own. Here’s how. 1. Escape the dynamic pricing trap Dynamic pricing is a strategy online retailers use to offer different prices to different customers based […]

If you can’t beat them, don’t join them – navigating the supermarket price wars | The Guardian

Against the backdrop of Britain’s first ever drop in annual consumer spend in food stores, supermarket price wars around the country are becoming increasingly cut-throat. Many industry commentators have seen such battles as simply a “race to the bottom” and note that, aside from the consumer, the only possible winners in this are the very […]

TRAI Issues Recommendations on Spectrum Pricing, Suggests Higher Prices | The Local Loop

The Telecom Regulatory Authority of India (“TRAI”) has issued the “Recommendations on Valuation and Reserve Price of Spectrum: Licences Expiring in 2015-16” dated October 15, 2014 in response to the reference made by the Department of Telecommunications (“DoT”) regarding the pricing of spectrum for the proposed auctions in 2015. The DoT had decided to seek […]

Google’s Nexus 6 Pricing Strategy Could Be Brilliant | NASDAQ.com

Although the price seems to have upset the Nexus faithful, it could ultimately lead to a more successful smartphone An expensive Nexus At $649, the Nexus 6 is almost twice as expensive — a full $300 more than its predecessor, the Nexus 5, which was itself $50 more than 2012′s $299 Nexus 4. Of course, […]

PriceJump App by Savings.com Gives Shoppers the Upper Hand This Holiday Season | BWWGeeksWorld

LOS ANGELES, Nov. 24, 2014 /PRNewswire/ ‘Tis the season to save! Today, Savings.com, the leading online destination for the best coupons and deals, announced the launch of the PriceJump mobile application for iOS. The new app leverages real-time pricing data from more than 5,000 online retailers, local stores and Amazon.com to find shoppers the lowest […]

Wine merchants warn of skyrocketing costs under new pricing scheme (with video) |The Vancouver Sun

A $40 bottle of wine in B.C. will cost as much as $56 next year if the province goes ahead with a new wholesale pricing system. That was the warning Wednesday from Vancouver wine industry lawyer Mark Hicken, who feels the wholesale price model that takes effect on April 1, 2015 has serious flaws. “I […]

The Ultimate Bait – Attracting Retailers Via Price Incentives | Business 2 Community

Wanting to get your product on the shelf and actually getting your product on the shelf are two very different things. Many entrepreneurs know this after pitching to numerous retailers and hearing the same thing over and over again: no. You know you have a great product that belongs on the shelves, so why isn’t […]

GNC works smarter to pump up profits | TribLIVE

The CEO, who most recently was chief executive of women’s clothing retailer Talbots Inc., is working to simplify GNC’s pricing strategy, which Fortunato had acknowledged was confusing and wasn’t working just before his ouster. In the Sixth Avenue store, Archbold explained that too often in the past GNC would put entire categories of products — […]

Maximizing Revenue – Pricing tips for the New Year | The Miami Herald

Well, another year’s flown by. Those of us who are professional service providers are in the annual December sprint to wrap up projects, close the books, and carve out a few precious days to spend with family and friends. It’s also time to start looking ahead to 2015, to new beginnings, and to new ways […]

This Week in Pricing > 11/30/14

TWIP is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the profile of pricing […]

Pricer’s Points: Finding Your Pricing Mojo – YEAH BABY! | David Mok

The word “mojo” derives from an African language and relates to magic and spells to generate luck and power. In today’s language, the word still refers to a source of vigor, energy, sexual potency and power. An entire Austin Powers movie was devoted to lost mojo and the desperate search to find it. Austin Powers […]

Discussion: Designers speak out on Adobe price controversy

What do CC users think about paying different rates depending on how they accessed Adobe’s site? Sorry guys! Usually on a Friday we tend to avoid the heavy stuff, and get you in the mood for the weekend with something like a fun quiz or a look at the latest Lego creation. But today there […]

 

Events and Resources

Webcast: Learn How B&B Trade Distribution Centre Uses Strategic Pricing Tools to Identify Price-sensitive Products and Services | SPA

Tuesday, December 9, 2014 2:00 PM Eastern

Register to attend our webcast that starts at 2:00 PM EST where Robb Howe, General Manager for B&B Trade will share their journey to pricing excellence and how they are leveraging science-based strategic pricing tools to identify price-sensitive products and services. To implement a solution that enhanced profitability, […]

Conference: Strategic Pricing Conference | SPA

When: January 15-16, 2015 Where: Ft. Lauderdale, FL at the Ritz Carlton

Learn how leading manufacturing and distribution executives have unlocked the keys to faster growth, stronger customer relationships, and market-leading profitability with SPA’s proven strategic pricing processes and technology. Event Overview Equal parts strategy and practical tactics, this complimentary Strategic Pricing Executive Overview event at the Ritz […]

Seminar: The Value-based Pricing of Innovation | Stage-Gate International

When: April 14-15, 2015

Where: Washington DC

Early Bird Price: $1495 US

Are you capturing the value of your innovation? Firms are pouring billions in innovation investments every year with the goal of creating differentiation and competitive products and services. Many, however, forget two critical elements in the innovation management process: the clear definition and measurement of […]

Pricing Resources

The source for valuable pricing resources including: academic programs, articles, blogs, books, cartoons, certifications, papers, quotes, reports, training, and videos.

Pricer’s Points

The “Pricer’s Points“ 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

The “Top Discussions“ blog series offers a collection of top pricing related conversations on LinkedIn or in the comments section of pricing related blogs and articles.

Pricing Experts

The source for pricing strategy expert vendor related information and resources.

Pricing Tech

The source for pricing technology vendor related information and resources.

Pricing News LinkedIn Group

Join 1,000’s 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.

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