Pricing News Daily > 1/22/18

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: PPS Logo

 

 

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

As Bitcoin’s Slide Continues, Prices Look Towards $8K | CoinDesk

As Bitcoin’s Slide Continues, Prices Look Towards $8K | CoinDesk

Bitcoin looks like it might soon test near-$8,000 levels, as December’s record-breaking rally continues to unravel. With major losses over the last few days seemingly brought about by negative regulatory news from China and South Korea, bitcoin (BTC) is trading at $10,280 levels at time of writing, according to Coindesk’s Bitcoin Price Index. A slight […]

 

Bitcoin: Bitconnect Fears, Scams Crash Cryptocurrency Prices | Fortune

Bitcoin: Bitconnect Fears, Scams Crash Cryptocurrency Prices | Fortune

Bitcoin and cryptocurrency prices deepened their weeks-long rout Wednesday as a spate of hacks and scam warnings compounded fears that regulators would crack down on the nascent digital assets. The price of Bitcoin crashed to well below $10,000, plunging to as little as about $9,200, down more than 50% from its highs a month ago. […]

 

Crypto Crash Busts The Price Of Bitcoin | PYMNTS.com

Crypto Crash Busts The Price Of Bitcoin | PYMNTS.com

What goes up must come down — and yesterday, it seemed it was cryptocurrency’s turn to take a dance with gravity. Bitcoin saw its price drop by as much as 25 percent. Bitcoin losses, however, were probably felt a bit more acutely — by close of business in New York, bitcoin was trading for $10,370, […]

 

Restaurants Reinvent Surge Pricing | PYMNTS.com

Restaurants Reinvent Surge Pricing | PYMNTS.com

Discount While Shutov may be one of the first London restauranteurs to offer a menu based on dynamic pricing, he is by no means the first restaurant owner to offer off-peak discounts. For years, restaurants offered “early bird” discounts for diners willing to eat their meals before 6:00 P.M., for example. Tuesday night dinner discounts and lunch […]

 

Digital Consumers Demand Personalized Pricing | The Financial Brand

Digital Consumers Demand Personalized Pricing | The Financial Brand

Consumers expect today’s digital pricing models to adjust to real-time market conditions. Dynamic pricing should provide the right price, to the right consumer, at the right time. It should be contextual in nature, leveraging consumer demand and even location. Lastly, dynamic pricing should be integrated across channels. The benefits of a dynamic pricing strategy mentioned […]

 

Can Honor 9 Lite Dethrone Xiaomi’s Budget Smartphones? | NDTV Gadgets360.com

Can Honor 9 Lite Dethrone Xiaomi’s Budget Smartphones? | NDTV Gadgets360.com

Since this is a budget smartphone, many of us were concerned about its look and feel. This is the part where we describe how the phone looks and how durable it feels. Next up, we mention the different variants of the Honor 9 Lite and how much each of them costs. We look at Honor’s […]

 

NCC to develop new pricing structure for broadband, data services | The Guardian

NCC to develop new pricing structure for broadband, data services | The Guardian

Ahead of the revolution expected to happen when broadband services become more ubiquitous in the country, the Nigerian Communications Commission (NCC) is to develop a new and proper pricing structure for high speed Internet services in Nigeria. The move is in line with the Commission’s mandate of creating an enabling environment and promoting fair competition […]

 

Dignity to take “decisive action” on funeral pricing strategy | Insider Media Ltd

Dignity to take “decisive action” on funeral pricing strategy | Insider Media Ltd

Sutton Coldfield-based funeral director Dignity is to take “decisive action on its funeral pricing strategy”, but said this would mean its 2018 results would be “substantially below” the market’s current expectations. The company, which is the UK’s only listed provider of funeral related services, said that it has taken the move to “address the continuing […]

 

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

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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…

 

 

“There is scarcely anything in the world that some man cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this man’s lawful prey.”

     – John Ruskin

 

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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Top Discussions

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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Pricing News LinkedIn Group

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