Pricing News Daily > 2/9/18

pricingnews-DailyPricing News Daily is a collection of pricing focused news, thought leadership , events, jobs and professional education resources for pricers.

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…

Headlines

Tigers’ Opening Day tickets selling at slow pace | The Detroit News

Tigers’ Opening Day tickets selling at slow pace | The Detroit News

Posey said there are other factors that are playing in to the lagging sales besides just the quality of the team. For starters, he said, the opponent isn’t a marquee one — it’s the Pirates, another rebuilding team who this offseason have traded stars Andrew McCutchen and Gerrit Cole. Opening Day also is on a Thursday, […]

 

Trump Will Reduce Prescription Drug Prices | Newsmax.com

Trump Will Reduce Prescription Drug Prices | Newsmax.com

President Trump announced during his State of the Union address that one of his greatest priorities is to reduce the price of prescription drugs. This is a topic that I have written about many times before, but in a limited fashion. Considering President Trump’s specific call to this issue, I thought a more thorough explanation […]

 

Airlines for America and the National Propane Gas Association Seek Regulation to Ensure Equal Pricing and Transportation Access for Pipeline Shippers | Business Wire

Airlines for America and the National Propane Gas Association Seek Regulation to Ensure Equal Pricing and Transportation Access for Pipeline Shippers | Business Wire

Public information indicates that crude oil, natural gas liquid, and petroleum pipelines appear to have been engaged in offering preferential, discriminatory rates to their marketing affiliates not offered to non-affiliated shippers, and shared non-public transmission information with affiliated marketing entities. Such abuses violate the Interstate Commerce Act (ICA), the law intended to ensure that common […]

 

New app that lets you spin to choose restaurants debuting in Lynchburg | WSET

New app that lets you spin to choose restaurants debuting in Lynchburg | WSET

LYNCHBURG, Va. (WSET) – A new app, called Spotluck, is debuting in Lynchburg and developers hopes it will bring dynamic pricing to the restaurant industry with a “gamified spin.” The app pioneers real-time discounts that fluctuate based on day, time, weather and other factors that impact restaurant occupancy. Their software yields higher discounts on rainy […]

 

A hipster’s nightmare as avocado prices surge | The Daily Advertiser

A hipster’s nightmare as avocado prices surge | The Daily Advertiser

IT’S enough to make a millennial cry. Prices are soaring as demand for avocados has outweighed supply over the last month, causing a national shortage. In one of Wagga’s big supermarket chains Hass avocados are being sold for $4 each, and in capital cities prices have risen to almost $8 each. SUPPLY AND DEMAND: The high […]

 

Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin price: Here’s why Bitcoin is PLUMMETING today | Express.co.uk

Bitcoin is having a bad year as it plummeted to a two month low of $7,8989.07 on Friday, according to CoinDesk.com. The cryptocurrency fell 11.75 percent to $7,989.07 at 12:09 in London. The global cryptocurrency market has had over $100 billion was wiped off the global cryptocurrency market in 24 hours on Friday. The total market […]

 

Interview with Appear Here CEO Ross Bailey | Business Insider

Interview with Appear Here CEO Ross Bailey | Business Insider

Bailey had the idea for the business while running his own pop-up. He quit school at 16 to move from his home in Buckinghamshire to London and was involved in several entrepreneurial endeavours before running a temporary fashion stall in Soho to coincide with the 2012 London Olympics. He noticed that people were coming up […]

 

Bipartisan Support For Drug Transparency Bill Raises Hopes of Passage | The Lund Report

Bipartisan Support For Drug Transparency Bill Raises Hopes of Passage | The Lund Report

A scaled back version of a 2017 bill that sought to cap drug costs will instead follow a route successful in California, requiring drug manufacturers to explain big price increases Chris Gray Rep. Rob Nosse, D-Portland, has found bipartisan, bicameral support for legislation to improve the price transparency for pharmaceuticals, giving momentum to passage that […]

 

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: Pricing and the Sales ForceBook: 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…

“People want economy and they will pay any price to get it.”

     – Lee Iacocca

 

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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