OnDemand WTP Pricing Research

Pricing News Daily > 2/20/18

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:

 

 

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

How Inflation Works (or Why Your Chicken Is Going to Cost More) | The New York Times

How Inflation Works (or Why Your Chicken Is Going to Cost More) | The New York Times

While still low, prices are starting to rise, in what would amount to a major shift if it persists. Higher prices for rents, gasoline, medical care and food helped drive prices up 2.1 percent in the 12 months that ended in January. The root of inflation is a strong economy After the global financial crisis, […]

 

Lawmakers push for openness on prescription pricing despite industry opposition | OregonLive.com

Lawmakers push for openness on prescription pricing despite industry opposition | OregonLive.com

SALEM – Oregon lawmakers in both parties are pushing a plan to require drug makers to publicly justify big price hikes, and officials say they are charging ahead with legislation despite strong opposition from pharmaceutical companies. If passed, House Bill 4005 would require drug companies to file annual reports with the state outlining price increases of […]

 

B.C. could cap surge pricing if companies like Uber and Lyft start operating there – BC | Globalnews.ca

B.C. could cap surge pricing if companies like Uber and Lyft start operating there – BC | Globalnews.ca

The report provided recommendations around accessible rides, suggesting that the government put a levy on all non-accessible ride-hailing trips with the money going to improving accessibility services. The committee also recommended protecting taxi stands and airport service for the traditional cab companies. One of the controversial facets of existing ride-hailing companies is that they charge […]

 

Seven-minute workshop belies industry concerns with insulin pricing transparency regulations | The Nevada Independent

Seven-minute workshop belies industry concerns with insulin pricing transparency regulations | The Nevada Independent

And although the draft regulations make clear that the annual report on diabetes drug pricing required to be published by the department will only include aggregated information to describe general trends, PhRMA has asked that the department make clear in regulation that the report will not include information that is manufacturer-specific or could be “reverse-engineered” […]

 

Blockchain may hold the key to drug pricing transparency in the US | EPM Magazine

Blockchain may hold the key to drug pricing transparency in the US | EPM Magazine

“Drug pricing in the US healthcare system is broken because of the way the market is set up,” said Jaquie Finn, head of Digital Health, Cambridge Consultants. “By moving to an open market that creates price competition and improves access, there is an enormous opportunity to fix it, providing the right technology is in place.” […]

 

How Taxing Uber and Lyft Could Fix City Traffic | WIRED

How Taxing Uber and Lyft Could Fix City Traffic | WIRED

Such a tax would create all the best incentives. Uber and Lyft would start charging more for journeys in high-congestion areas or at high-congestion times, reducing demand and therefore reducing traffic. (Those increased fares would not be the same as the surge pricing which currently exists, since surge pricing is designed to act as a […]

 

Bitcoin: $50M in Cryptocurrency Stolen Using Google Ads | Fortune

Bitcoin: $50M in Cryptocurrency Stolen Using Google Ads | Fortune

Fooled into believing they had come to the right place, victims then entered private information that allowed the hackers to gain access to their actual wallets and take their digital money. “The attackers needed only to continue purchasing Google AdWords to ensure a steady stream of victims,” the Talos team led by Jeremiah O’Connor and […]

 

Pricing Psychology: 10 Timeless Strategies to Increase Sales | Help Scout

Pricing Psychology: 10 Timeless Strategies to Increase Sales | Help Scout

Pricing strategy can be challenging, complex, and offers no shortcuts. This reality makes “winging it” an enticing option when you don’t know where to begin. But that’s the wrong move to make; smart pricing is deliberate. While intuition plays a role and you’ll learn more from getting your hands dirty than armchair analysis, it can […]

 

Pricing Careers

Pcareers logo NEW

Pricing-Careers.com is LIVE – check out our new pricing industry resource where exceptional pricing professionals separate themselves from the crowd and recruiters find great candidates with the right the pricing skills and experience they need! 

 

 

Location: New York City, NY, US

Seniority: Mid-Senior level

Click here for more

 

Location: San Jose, CA, US

Seniority: n/a

Click here for more


Location: San Francisco, CA, US

Seniority: Mid-Senior level

Click here for more

 

 

 

 

Events and Resources

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).

 

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.

Pricing News LinkedIn Group

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…

“Never, ever suggest they don’t have to pay you. What they pay for, they’ll value. What they get for free, they’ll take for granted, and then demand as a right. Hold them up for all the market will bear.”

– Lois McMaster Bujold

 

Posted in: Pricing News Daily