Pricing News Daily > 1/8/18

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:value innoruption final 0612 rev

 

 

Value Innoruption Advisors

Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, marketing, pricing, and sales. Value Innoruption Advisors offers two popular value and pricing management certification programs – Customer Value Modelers™ (CVM™) and Change Agent in Pricing™ (CAP™).

Click a link below to learn more…

The New Flat Rate Launches App to Make Home Repair Decisions Easier | CISION

The New Flat Rate Launches App to Make Home Repair Decisions Easier | CISION

The New Flat Rate Interactive App advances the company’s menu pricing system by making it truly interactive. Field technicians can enter customer choices – there are five options for every type of repair job – to make ordering repairs quick and easy. And there is an automatic electronic invoicing option for contractors. “This app gives […]

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Cable TV prices keep going up as more people cut the cord | New York Post

Cable TV prices keep going up as more people cut the cord | New York Post

Cable and satellite TV providers are ringing in the new year with an unwelcome gift: higher cable bills. Comcast, for instance, says customer bills will rise 2.2 percent, on average, in 2018. AT&T is raising DirecTV’s prices by up to $8 a month in mid-January. Smaller providers are planning increases, too. Over the past decade, […]

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Costco Exposes Seattle’s Sugary Drink Tax With the Perfect Sign | Digital Politics Daily

Costco Exposes Seattle’s Sugary Drink Tax With the Perfect Sign | Digital Politics Daily

On January 1, Seattle’s new ‘Sugary Drink Tax’ went into effect. Why? Seattle leftists want to dictate behavior and stop people from drinking soda because it can be unhealthy. So by taxing the soda, they are hoping to deter people from drinking it. But now, thanks to Costco, customers know exactly how much the city […]

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How Payers Can Build a Successful Bundled Payment Strategy | HealthPayer Intelligence

How Payers Can Build a Successful Bundled Payment Strategy | HealthPayer Intelligence

The Bundled Payments for Care Improvement (BPCI) Initiative helped cut Medicare reimbursements at participating hospitals by $3,286  during its first 21 months for lower extremity joint replacements.  The BPCI is split into four bundled payment models with different strategies for when an episode of care starts. Each of the models relies on 48 MS-DRGs codes […]

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Movie Theater Chain Kills Uber-Style Surge Pricing After Internet Backlash | Gizmodo

Movie Theater Chain Kills Uber-Style Surge Pricing After Internet Backlash | Gizmodo

An Australian movie theater chain said it has ended “dynamic pricing” trials on Wednesday after Redditors complained of “price gouging.” Last week, an anonymous user uploaded an internal memo from Village Cinemas describing concession stand increases during busy periods. After images of the memo circulated online, Village Cinemas announced that all pricing trials had been […]

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Domestic airline industry follows global practice of dynamic pricing | Business Standard News

Domestic airline industry follows global practice of dynamic pricing | Business Standard News

Union Minister Jayant Sinha on Friday said the domestic airline industry follows the “global practice of dynamic pricing”. The Minister of State for Civil Aviation was defending the industry against the latest observations made by the Parliamentary Standing Committee on Transport which pointed to airline staff’s misbehaviour and over-pricing of air tickets. “Globally, airlines follow […]

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Trump is right: Negotiate for lower drug prices | IndyStar

Trump is right: Negotiate for lower drug prices | IndyStar

All Hoosiers have seen the headlines about drug price increases, and too many of us see the struggle first-hand. A vial of insulin can cost a person with diabetes 10 times as much as it did in the late 1990s.The price of an EpiPen has risen 450%. Some new treatments for cancer and other diseases […]

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​Pipeline, transportation bottlenecks causing lower prices for Canadian oil and gas: Deloitte | JWN Energy

​Pipeline, transportation bottlenecks causing lower prices for Canadian oil and gas: Deloitte | JWN Energy

Canadian oil and gas producers and the governments they pay royalties too are not benefiting as much as they could be from improving commodity prices. A new report from Deloitte says that concerns over transportation bottlenecks to the U.S. market have increased the historic price differential between Canadian WCS and U.S. WTI oil, while infrastructure […]

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Featured Jobs

We will be launching a Pricing Niche Job Board soon, stay tuned!

 

Title: Manager, Pricing & Analytics

Company: Tiffany & Co.  

Location: New York City, NY, US

Seniority: Mid-Senior level

Click here for more

 

Title: Manager, Global Pricing Strategy & Analytics

Company: The Estée Lauder Companies Inc. 

Location: New York City, NY, US

Seniority: n/a

Click here for more

 

Featured Content and Events

EU Pricing Summit 2018 - IQPC

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).

 

Book: Pricing and the Sales Force

Book: Pricing and the Sales Force

Summary: Pricing and the Sales Force is the first book to link pricing strategy and the sales force together. Pricing strategy is now well established as an important means of driving profits for many organizations. Countless companies are now mastering price-setting. But what about “price-getting” – converting those list prices into the realized sales, and […]


The following is a daily-dose of pricing cartoons and quotes, enjoy…

 

 

“Oil prices have fallen lately. We include this news for the benefit of gas stations, which otherwise wouldn’t learn of it for six months.”

– Bill Tammeus

 

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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