OnDemand WTP Pricing Research

Pricing News Daily > 2/11/15

Pricing 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.

EditionSponsor-Wiser

This Edition is Sponsored by:

Wiser

Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most importantly, profitable. Wiser’s flagship product is WisePricer, a full-featured dynamic pricing and merchandising engine that monitors, analyzes and reprices retail products in real-time. WisePricer enables retailers to boost profit margins and revenue, price with confidence, and improve merchandising through powering the development of a sound pricing strategy. Wiser also offers a MAP monitoring solution, WiseMapper, for brands and manufacturers to monitor and protect their pricing across the thousands of retailers selling their products.

Click a link below to learn more…

 

Headlines

Pricing Strategy Starts with the Customer | The 500B

When it comes to pricing, it is easy to get lost: there are so many theories on what works and what doesn’t. The way that we price our products and services sends a message the prospective buyer: cheap, value-oriented, luxury, high-end. This is how we interpret the value of the product based on its price. […]

How To Emulate Some Of The Most Innovative Companies | Fast Company

Here are a few ways I draw inspiration to make sure I continue to think “innovate” and not “stagnate:” 1. LOOK BEYOND PERKS TO SOLVE SUPPLY AND DEMAND The needs of consumers have a causal effect on how businesses strive to meet current demand. Hotels and airlines have solved this issue with dynamic pricing, changing […]

What Uber Can Teach Us About Health Care | Forbes

One of the most interesting things about Uber is the way its prices change at different times of day and at certain times during the year. In a nutshell, when demand is usually high, prices go up and in normal times they come back down. This is called “surge pricing” or “dynamic pricing” and it […]

Novartis AG Anticipates Price War With Amgen, Eli Lilly & Co. Over Psoriasis Drugs | Bidness Etc

Novartis, foreseeing a potential price war for its psoriasis drug Cosentyx, has strategic pricing plans in place to win a higher market share in the long run Mr. Epstein, talking about the approaching price war, said: “When Amgen launches and Lilly launches, assuming they do, that will give payers more leverage to negotiate price discounts, […]

2 Numbers I’m Watching in Under Armour Inc’s Earnings Report (UA) | The Motley Fool

The more compelling number was the company’s nearly 50% gross margin during the most recently reported quarter. Gross margin refers to how well a company can control production costs, as well as how effective its pricing strategy is. Because Under Amour is able to charge a relatively high price for its gear — relative to […]

How Low Should You Go? | NRF

Navigating the ever-more-complex world of pricing Pricing remains a cat-and-mouse game between retailers and consumers — a race to the bottom affected as much by consumer attitudes as the state of the economy. “It was worse than ever last year and it started earlier,” says Paula Rosenblum, managing partner with RSR Research. “You know you’re […]

PulteGroup Beats on Q4 Earnings & Revenues, Margins Soft | Zacks.com

Pulte’s Homebuilding revenues rose 9.8% to $1.79 billion on the back of home price increases and higher number of homes delivered. Home sales revenues increased 10.6% to $1.78 billion, driven by an increase in average selling price (ASP) and increased number of homes delivered. Land sales declined 16.7% to $10.0 million. Number of home closed […]

Sacramento Kings Utilizing Dynamic Pricing, Giving Fans Best Deals for Upcoming Homestand | Forbes

As the NBA season is in full throttle for the next two weeks before the All-Star Game, the Sacramento Kings will look to snap their current seven-game losing streak and prepare for their next home-stand. Looking at the schedule, the Kings are set to host some of the NBA’s premier backcourts at Sleep Train Arena […]

5 Pricing Tips to Maximize Your Profit | MSPmentor Blog

Pricing is one of the most difficult, yet critical, decisions any business must make. Price too high and you’ll limit your customer base. Price too low and limit your profits. Determining a marketable value on what your business offers is a delicate balance of many interdependent factors. After helping thousands of technology service providers strategize […]

40 Years Ago…And now: Air travel – Fixed fares to dynamic pricing | Business Standard News

From the late 1970s to the early 1990s, Indian Airlines had to take permission of the Gujarat High Court every time it wanted to revise airfares, recalls T V Dorairaj, retired general manager. This was due to a writ petition by consumer activist Manubhai Shah. The life of air passengers was different in the 1970s. […]

This Week in Pricing > 2/8/15

TWIP is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Wiser Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most importantly, profitable. Wiser’s flagship […]

Pricer’s Points | January 2015

The “Pricer’s Points” 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. This Edition is Sponsored by: Wiser Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to […]

Discussion: Moore’s law gives way to Bezos’s law

GIGAOM Article Cloud providers Google, AmazonWeb Services (AWS) and Microsoft are doing some spring-cleaning, and it’s out with the old, in with the new when it comes to pricing services. The latest cuts make it clear there’s a new business model driving cloud that is every bit as exponential in growth — with order of […]

 

Events

 

Webcast: Learn How Iowa Fluid Power Improves Price Realization with SPA | SPA

When: February 18, 2015 2:00 PM Eastern 

Register to attend our webcast where Jim Kaas, President of Iowa Fluid Power, will share their journey to pricing excellence and how they are leveraging science-based strategic pricing tools to improve price realization by identifying price-sensitive products and services. To implement a solution that enhanced profitability, developed pricing […]

Webcast: Stopping Margin Erosion with Pricing Technology | SPA

When: March 11, 2015 2:00 PM Eastern

Register to attend our webcast where Brandon Liebhard, Vice President at Hodell-Natco Industries, will share their journey to pricing excellence and how they are leveraging science-based strategic pricing tools to stop margin erosion by identifying price-sensitive products and services. To implement a solution that enhanced profitability, developed pricing discipline, and […]

Seminar: The Value-based Pricing of Innovation | Stage-Gate International

When: April 14-15, 2015

Where: Washington DC

Are you capturing the value of your innovation? Firms are pouring billions in innovation investments every year with the goal of creating differentiation and competitive products and services. Many, however, forget two critical elements in the innovation management process: the clear definition and measurement of […]

Conference: Manufacturing Pricing Excellence – Barcelona 2015

When: May 20-22, 2015

Where: Barcelona, Spain

Event Overview On behalf of Copperberg and the entire Pricing competence team I am delighted to announce our 3rd Annual Manufacturing Pricing Excellence conference scheduled for 20-22nd of May 2015 in Barcelona, Spain. Since our last edition in Amsterdam, together with our advisory board and delegate network we have been […]

 

Resources

The source for valuable pricing resources including: articles, blogs, books, cartoons, certifications, papers, quotes, reports, training, and videos.

– – – – – – – – – – – –

“There is scarcely anything in the world that some man cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this man’s lawful prey.”

– John Ruskin

Pricer’s Points

The “Pricer’s Points“ 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

The “Top Discussions“ blog series offers a collection of top pricing related conversations on LinkedIn or in the comments section of pricing related blogs and articles.

Pricing Experts

The source for pricing strategy expert vendor related information and resources.

Pricing Tech

The source for pricing technology vendor related information and resources.

Pricing News LinkedIn Group

Join 1,000’s 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.

Post a Comment

WP-SpamFree by Pole Position Marketing