Pricing News Daily > 2/14/18

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.

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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.

Click a link below to learn more…

 

Headlines

CEDEX – Bringing Blockchain Innovation To The Diamond Industry | Crypto Daily

CEDEX – Bringing Blockchain Innovation To The Diamond Industry | Crypto Daily

One credible point that cryptocurrency skeptics often make is that there is little need for blockchain technology in most industries. Blockchains like Bitcoin’s are slow and costly to run, so it’s fair to argue that they will likely fail to take hold in industries where they don’t solve significant problems. Diamonds, however, are not one […]

 

Not so magical: Disney raises the cost of park admission again! | WSB-TV

Not so magical: Disney raises the cost of park admission again! | WSB-TV

Disney’s new price increases Much like the airlines and a host of other industries, Disney shifted the price of a day pass based on demand back in 2015. The company created three tiers of pricing at that time — “Value,” “regular” and “peak” — and has kept them in place ever since. New pricing at the […]

 

Discussion: Is Electricity Pricing Different from “Real Markets”? Should It Be? | Energy Institute at Haas

Discussion: Is Electricity Pricing Different from “Real Markets”? Should It Be? | Energy Institute at Haas

“No company in a real market would ever price that way.”  If you’ve discussed electricity pricing much, you’ve surely heard this said by a person opposed to one retail tariff or another.  In almost every instance, however, the claim is both incorrect and irrelevant. Incorrect, because firms in unregulated markets are constantly experimenting with the […]

 

States tired of waiting for feds to tackle high drug prices | Washington Examiner

States tired of waiting for feds to tackle high drug prices | Washington Examiner

State legislatures are battling against high drug prices, tired of inaction from the federal government. Last year, states passed more than double the number of laws attacking high drug prices than in 2016, and legislatures show no signs of stopping. States approved 14 laws in 2017 targeting high drug prices through price transparency, compared to […]

 

All about penetration pricing strategy | Amazon Services

As an e-tailer, you must already know that it’s all about setting the right price when it comes to effectively catering to your target audience. A well-articulated penetration pricing strategy will help you break into an already established product category and gain traction. Initially, you’ll have to put up your offerings for sale at a […]

Bitcoin price crash: This is the reason cryptocurrency prices are plummeting | Express.co.uk

Bitcoin price crash: This is the reason cryptocurrency prices are plummeting | Express.co.uk

Express.co.uk recently spoke with Ryan Derks, an investor with years of experience under his belt who now runs his own federally registered fund specialising in cryptocurrencies, who was eager to explain why Bitcoin is coming down from such a dramatic high. He said: “What happened with Bitcoin over the last three to four months is […]

 

Abu Dhabi developers eyeing new pricing strategy | Trade Arabia

Abu Dhabi developers eyeing new pricing strategy | Trade Arabia

The UAE’s prominent real estate developers, particularly those based in the capital, are gearing up to create and unveil new pricing strategies for investors at the upcoming industry expo Cityscape Abu Dhabi. A leading regional event for the real estate industry, Cityscape Abu Dhabi will be held from April 17 to 19 at Abu Dhabi […]

 

Action News Investigation: Stores offering ‘Bogus Bargains?’ | 6abc.com

Action News Investigation: Stores offering ‘Bogus Bargains?’ | 6abc.com

PHILADELPHIA (WPVI) — Stores are always advertising sales, but are they really offering you a great deal? As it turns out, a nearly year-long test has found potentially disturbing pricing policies at more than a dozen national retailers. Checkbook Magazine found that, too often, sale prices aren’t offering you special savings at all. Instead, they’re […]

 

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! 

 

 

Location: New York City, NY, US

Seniority: Mid-Senior level

Click here for more

 

 

ROCKWOOL North AmericaSenior Pricing Analyst | ROCKWOOL North America 

Location: Chicago, IL, US

Seniority: Mid-Senior level

Click here for more

 

 

Location: Lippstadt, Deutschland

Seniority: n/a

Click here for more

 

 

Pricing Analyst | IMPAQ International

Location:  Columbia, MD, USA

Seniority: Associate

Click here for more

 

 

Featured Resources and Events

European Pricing Summit 2018 | Finance iQ

EU Pricing Summit 2018 300x250Date: 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.

29th Annual Spring Pricing Workshops & Conference | PPS

640x240-Chicago-Co-Mark-banner-11.21aDate: 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: 8 Keys to Price Optimization

Book: 8 Keys to Price Optimization

Summary: Price optimization enables companies to move beyond cost-plus pricing and determine the range of prices that could be charged for a variety of customers and products. Price optimization can increase current operating income by 1 to 4% of sales, which in many cases will translate into a 20 to 50% increase in operating income. The most sophisticated […]

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.

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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Join over 5,000 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.

Resource Archives

Explore our collection of valuable pricing resources including:

 

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

“You know you’re priced right when your customers complain—but buy anyway.”

– John Harrison

 

Posted in: Pricing News Daily