Pricing News Daily > 1/31/18

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

Wal-Mart Sharpens Online Edge, Join Forces With Rakuten | Zacks.com

Wal-Mart Sharpens Online Edge, Join Forces With Rakuten | Zacks.com

With the objective of capitalizing on the booming online shopping, Rakuten and Seiyu GK, a subsidiary of Walmart have reached a new agreement to launch “Rakuten Seiyu Netsuper”, a new online grocery delivery service in Japan. The service is likely to be launched in the latter half of 2018. Through the partnership both the companies […]

 

In MIT 3-Step Price Optimization Test, Sales and Profits Soar | WWD

In MIT 3-Step Price Optimization Test, Sales and Profits Soar | WWD

Developing a price optimization strategy used to be a complicated affair that involved various marketing research, in-store and online testing, analytics and consumer surveys — and even focus groups. But advances in technology are simplifying the process. And in a test involving Rue La La Inc., Groupon and B2W Digital, MIT professor of engineering systems David […]

 

Price Hikes Slow for Mobile DRAM | ESPNews

Price Hikes Slow for Mobile DRAM | ESPNews

Lower than expected demand for smartphones is putting the brakes on price increases for mobile DRAM in the first quarter of 2018 but it may not last. Contract prices for mobile DRAM are forecast to rise by only three percent in the first quarter of 2018, according to DRAMeXchange, a research division of TrendForce. However, a rollout […]

 

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

What ails the retail industry is no secret: Amazon. In 2016, Amazon sold six times as much online as Walmart, Target, Best Buy, Nordstrom, Home Depot, Macy’s, Kohl’s and Costco. Combined. In 2017, it accounted for nearly 50% of all online sales. Imagine where Amazon will stand in 2018 and beyond. But while the e-commerce giant’s threat to retailers and […]

 

Price Hikes Slow for Mobile DRAM | ESPNews

Price Hikes Slow for Mobile DRAM | ESPNews

Lower than expected demand for smartphones is putting the brakes on price increases for mobile DRAM in the first quarter of 2018 but it may not last. Contract prices for mobile DRAM are forecast to rise by only three percent in the first quarter of 2018, according to DRAMeXchange, a research division of TrendForce. However, a rollout […]

 

Welcome mat rolls out for fairgrounds cabin | hutchnews.com

Welcome mat rolls out for fairgrounds cabin | hutchnews.com

The State Fair’s David Tobias listed the bookings: A swap meet, a llama show, three weddings, and a Kansas Department of Corrections’ Halloween party. “If you don’t mind waiting till after midnight when everything shuts down, then it is a great place to stay and very reasonably priced,” Standerwick said. Adjusting prices On weekends, a […]

 

Qualcomm is fined for anti-competitive practices—again | A fine habit

Qualcomm is fined for anti-competitive practices—again | A fine habit

Qualcomm’s pricing strategy, too, has won it few friends in recent years. Most contentious is the way in which it licenses its intellectual property to device-makers, charging them a percentage of the total selling price of their devices. Apple alleges that such royalties act as a tax on any innovative features it adds to its […]

 

Angioplasty costs down 8-18% post stent price cut, says study | Livemint

Angioplasty costs down 8-18% post stent price cut, says study | Livemint

Mumbai: The cost of angioplasty procedures has declined by 8-18% following the government’s decision to slash prices of coronary stents by up to 80% in February last year, a study conducted by IQVIA, formerly QuintilesIMS, on behalf of Advanced Medical Technology Association (AdvaMed), showed. The 8-18% reduction in overall angioplasty procedure cost is for patients […]

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Featured Jobs

Pcareers logo NEW

We will be launching a Pricing Niche Job Board soon, Pricing Careers is a unique pricing industry resource where exceptional pricing professionals separate themselves from the crowd and recruiters find the pricing skills/experience they need – 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…

“The moment you make a mistake in pricing, you’re eating into your reputation or your profits.”

     – Katharine Paine

 

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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