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Pricing News Daily > 2/24/15

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.

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Asia Pricing Professionals

Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the profile of pricing management in Asia through:

  • Organizing formal and informal meetings where we discuss the latest trends and challenges in Pricing
  • Sharing industry specific knowledge related to pricing management with interested parties
  • Building a network of industry pricing experts who are easily accessible

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Headlines

“Sales Cure All”. A Pricing Strategy To Get The first Etsy Sale | Around.io

“Sales Cure All”. A Pricing Strategy To Get The first Etsy Sale | Around.io

‘To Be Premium’ or ‘Not To be Premium’? Especially the sellers that sell premium articles on Etsy fail to make enough sales compared to few sellers who are selling similar goods at a higher price than theirs, and they keep wondering what they are doing wrong. There could be a number of reasons for poor sales […]

Tips for Raising Your Business Prices in 2015 | QuickBooks

Tips for Raising Your Business Prices in 2015 | QuickBooks

The new year is a great time to make resolutions about your business, such as vowing to expand your customer base or launching new products and services. Additionally, the beginning of the year is an ideal time for raising prices to keep up with inflation and ensure your business continues to grow. However, instituting a […]

Marc Lore Jet Raised 140 Million | Business Insider

Marc Lore Jet Raised 140 Million | Business Insider

Jet, the e-commerce startup founded by former Quidsi CEO Marc Lore that plans to compete with Amazon using a dynamic pricing model, just raised $140 million in new funding in a round led by Bain Capital. … Like Amazon, the site will sell just about everything — but it promises its prices will ultimately be […]

Drop in oil price squeezes ethanol producers | Ames Tribune

Drop in oil price squeezes ethanol producers | Ames Tribune

MINNEAPOLIS — The dramatic fall in oil prices has ended the party for another energy industry — ethanol. Some producers of corn-based ethanol made record profits in 2014, but that’s over. Industry executives now are talking about breaking even or staying slightly profitable. Cheaper gas affects ethanol producers because they sell into the same fuel […]

Qdoba Mexican Grill’s sales propelled by simplified pricing | Nation’s Restaurant News

Qdoba Mexican Grill’s sales propelled by simplified pricing | Nation’s Restaurant News

Qdoba Mexican Grill’s simplified pricing structure helped propel same-store sales 14 percent in the first quarter, boosting the chain’s average check 9.8 percent without giving the impression of a price increase, company officials said Wednesday. … That effort included a shift in October to a new pricing structure that let customers pay one price, based […]

Starwood Hotels Using Big Data to Boost Revenue | WSJ

Starwood Hotels Using Big Data to Boost Revenue | WSJ

CIO Martha Poulter says more data is creating better pricing across properties and leading to more targeted promotional offers. Read complete article here: Starwood Hotels Using Big Data to Boost Revenue.

Bombardier Inc CEO Pierre Beaudoin steps down in major shakeup at struggling plane maker | Financial Post

Bombardier Inc CEO Pierre Beaudoin steps down in major shakeup at struggling plane maker | Financial Post

The next major challenge for Bombardier will be boosting orders for its struggling CSeries. With 243 firm orders to date, management still has a ways to go to meet the 300-order target they set for themselves by the time deliveries to customers begin later this year. Mr. Beaudoin also acknowledged that potential customers are wary about […]

How to know if our pricing strategy is appropriate? | Business Model Innovation Hub

How to know if our pricing strategy is appropriate? | Business Model Innovation Hub

In the current scenario of saturated and highly competitive markets, prices conventional policies do not bring the expected results to the income statement, such as calculating costs and adding a mark-up,, or fix our prices depending on the price competition. Maybe in the famous phrase, “only fools confuse value with price”, resides one of the […]

Patek Philippe Reduces Prices in Americas, Raises Prices in Europe | Bloomberg Business

Patek Philippe Reduces Prices in Americas, Raises Prices in Europe | Bloomberg Business

Patek Philippe has reduced the prices of its watches by 7 percent in the Americas, effective Feb. 10, in reaction to recent currency fluctuations in Europe and Switzerland. In addition to the Americas price decrease, Patek Philippe is lowering prices by 7 percent in Hong Kong, 5 percent in Switzerland, and 3 percent in Asia-Pacific markets. And it is raising prices […]


This Week in Pricing > 2/22/15

Headlines
– Why Your Dream Client Wants a Lower Price | The Sales Blog
5 Ways to Present Your Price and Get It! | The Sales Hunter
Pricing’s Million Dollar Question: How Much Should You Charge? | DonCrowther.com
Brand Perception: Is Your Pricing Strategy Harming Your Brand? (Infographic) | Visualistan
Selling While Holding to Your Price | SalesAndMarketing.com
6 reasons Ubernomics could be fatal to itself, its customers, and mass transit | GeekWire
…and more

Events

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 […]

 

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

 

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“With the price of life these days, you’ve got to get everything for free you can.”

– Carl Rogers

 

Pricing Resources

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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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