Pricing News Daily > 12/5/17

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.

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Headlines

Bitcoin’s Price Swings Have Been Especially Crazy in the Last 24 Hours. Here’s Why | Fortune

Bitcoin’s Price Swings Have Been Especially Crazy in the Last 24 Hours. Here’s Why | Fortune

The last day’s fluctuations in the bitcoin price have been pretty crazy, even by the cryptocurrency’s typically volatile standards. Having climbed more than $3,000 in a week to clear the $11,000 mark on Wednesday, reaching a high of $11,377, bitcoin suddenly plunged 20% to around $9,290 (prices varied on different exchanges). To spell out precisely […]

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Investors ‘Risk’ Buying Bitcoin At High Prices: ECB Vice President | cryptocoinsnews.com

Investors ‘Risk’ Buying Bitcoin At High Prices: ECB Vice President | cryptocoinsnews.com

The vice president of the European Central Bank (ECB) has said that investors are taking a ‘risk’ by buying bitcoin at its high price. Speaking to CNBC on Wednesday, Vitor Constancio, said: It’s a very particular asset, it’s a speculative asset by definition looking to the developments in its price. Investors are taking that risk of […]

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Apple Reportedly Planning to Release Most Affordable 9.7-inch iPad Ever in Late 2018 | Mac Rumors

Apple Reportedly Planning to Release Most Affordable 9.7-inch iPad Ever in Late 2018 | Mac Rumors

With the new device, the sources expect the tablet market to witness a new wave of price competition among first-tier players including Samsung Electronics, Amazon, Huawei and Lenovo. The sources pointed out that Apple’s new iPad may arrive in the second quarter of 2018 and in addition to regular consumers Apple is also looking to […]

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Spirit Airlines Is Branching Out as It Keeps Expanding | host.madison.com

Spirit Airlines Is Branching Out as It Keeps Expanding | host.madison.com

After a multiyear run of stellar profit growth, Spirit Airlines (NASDAQ: SAVE) has faced increasingly severe margin pressure over the past two years. The company’s operating margin is on track to sink to 15% or less in 2017, down from a peak of 23.7% in 2015. Spirit’s recent woes have been driven primarily by abrupt […]

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Rand Paul blasts Big Pharma for jacking up drug prices: “It is not capitalism” | Rare

Rand Paul blasts Big Pharma for jacking up drug prices: “It is not capitalism” | Rare

Sen. Rand Paul (R-Ky.) went after big pharmaceutical companies on Wednesday, arguing that they hurt American consumers and are not practicing true capitalism. In a confirmation hearing, Paul grilled Secretary of Health and Human Services nominee Alex Azar on how big pharmaceutical companies manipulate the health care system to raise drug prices, challenging the nominee […]

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Alnylam CEO backs inflation-based price hikes, welcomes Amazon | CNBC

Alnylam CEO backs inflation-based price hikes, welcomes Amazon | CNBC

As Alnylam Pharmaceuticals nears approval of its first drug, the fledgling drug-maker is planning to transition out of research and development into the commercial stage. That means figuring out a pricing strategy, and CEO John Maraganore said he supports the idea of pegging increases in drug prices to the rate of inflation. “It’s hard to […]

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PickMe introduces unique pricing structure for three-wheelers | Daily Mirror

PickMe introduces unique pricing structure for three-wheelers | Daily Mirror

While some passengers needed to get from A to B as soon as possible, others used taxis for more accommodating needs such as to get their shopping done or for sightseeing. Taxi drivers, especially those who felt they had a good chance of being hired more often than not, felt that they were losing an […]

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Amazon may have patented the next big thing in online shopping | Quartz

Amazon may have patented the next big thing in online shopping | Quartz

There’s potentially another reason for Amazon to promote the use of video in e-commerce. It now has a way to offer customers discounts for watching ads. In October, Amazon was awarded a patent for “content-based price reductions and incentives.” The patent says that “customers in an electronic environment can be presented with the option to […]

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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…

“Successful pricing is an art, not a science.”

     – John I. Leahy

 

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