Pricing News Daily > 2/7/18

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: PPS Logo

 

 

Professional Pricing Society

Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing Solutions software. PPS also offers more than two dozen, full-day training workshops every year, taught by leaders in the pricing community. These workshops serve as the foundation for PPS’s Certified Pricing Professional (CPP) designation, our state of the art pricing certification program. Candidates may be certified after mastering a multi-stage curriculum followed by rigorous testing. Successful CPPs have acquired the core knowledge which not only places them in the top rungs of the pricing field, but also gives them the tools to enhance substantially their own careers.

Click a link below to learn more…

 

Headlines

Holiday surge comes at a cost for UPS | Seeking Alpha

Holiday surge comes at a cost for UPS | Seeking Alpha

UPS (NYSE:UPS) shows an increase of 11.2% in revenue during the holiday quarter, driven higher by a 21% jump in revenue for the supply chain/freight segment. Operating profit didn’t quite keep up with the pace of revenue growth, moving up 3.2% to $2.294B. Revenue in the U.S. Domestic segment was up 8.4% to $922M. Revenue […]

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How the Internet of Things (IoT) Will Change the Pricing of Things | BCG

How the Internet of Things (IoT) Will Change the Pricing of Things | BCG

Traditional product manufacturers face new and complex challenges in monetizing the services made possible by “smart” products. They will need to redefine who their customers are and how those customers value data-driven services. They will need to adopt pricing models unconventional in their industries—models that can accommodate various price levels and payment frequencies. And they […]

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Orderin, has teamed up with transportation network company, Taxify | IOL Lifestyle

Orderin, has teamed up with transportation network company, Taxify | IOL Lifestyle

Food delivery service, Orderin, has teamed up with transportation network company, Taxify, to expand and grow their customer base in South Africa. The partnership will offer incentives to customers and additional earning power to Taxify drivers. “It all comes down to scale, with more scale we can offer greater efficiency to our customers and reduce […]

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Prices of imported phones, LED panels, beauty care products may rise on custom duty hike | The Economic Times

Prices of imported phones, LED panels, beauty care products may rise on custom duty hike | The Economic Times

NEW DELHI: Experts may say it’s a budget aimed at the upcoming elections, but upwardly mobile urban consumers will have to pay more for almost everything they covet— from cranberry juice and iPhones to sunglasses and lipsticks —due to higher customs duty. Not just the long list of items on which finance minister Arun Jaitley […]

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Chicago startup Fixer.com is the Uber for home repair | Tech Startups

Chicago startup Fixer.com is the Uber for home repair | Tech Startups

Unlike Uber, all of their staff, “fixers,” as the company calls them, are full time employees. “All of our fixers, the handymen and handywomen we employ, are full-time employees with benefits,” said Evans, adding that Fixer will also offer equity stakes to employees at every level. Fixer.com’s mission is to offer superior customer experiences while we create […]

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Opinion: Inside the Senior Living Pricing Conundrum | Senior Housing News

Opinion: Inside the Senior Living Pricing Conundrum | Senior Housing News

You’d think that obtaining senior living pricing would be easy. Finding the price of a good or service is a pretty straightforward process in most markets. In retail, in hotels, in air travel, restaurants, even hair salons, pricing tends to be listed on the item for purchase or on a menu of services that are […]

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London restaurant adopts airline strategy: off-peak pricing | The Week Portfolio

London restaurant adopts airline strategy: off-peak pricing | The Week Portfolio

Top London restaurant Bob Bob Ricard is adopting a pricing strategy that has revolutionised the travel industry – varying prices depending on the time and day of the booking. The luxurious Soho eatery – which famously has ‘press for Champagne’ buttons at every table – is cutting à la carte menu prices by 25% at off-peak times: […]

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Ubisoft reverses Rainbow Six Siege price hike after backlash from angry fans | Newburgh Gazette

Ubisoft reverses Rainbow Six Siege price hike after backlash from angry fans | Newburgh Gazette

After player complaints, Ubisoft has backed away from earlier plans to essentially increase the price of Rainbow Six Siege ” s mid-tier edition by replacing the $40 “standard edition” with a $60 “advanced edition’. At the time, this didn’t seem like a good deal, as the Advanced Edition was $20 more expensive and only offered […]

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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! 

 

Title: Manager, Pricing & Analytics

Company: Tiffany & Co.

Location: New York City, NY, US

Seniority: Mid-Senior level

Click here for more

 

Title: Senior Pricing Analyst

Company: ROCKWOOL North America 

Location: Chicago, IL, US

Seniority: Mid-Senior level

Click here for more

 

Featured Content and Events

EU Pricing Summit 2018 300x250

European Pricing Summit 2018 | Finance iQ

Date: 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.

 

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29th Annual Spring Pricing Workshops & Conference | PPS

Date: 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).

 

Training: Professional Pricing Society (PPS) Membership

Training: Professional Pricing Society (PPS) Membership

Why Become A Professional Pricing Society (PPS) Member? Your PPS membership will allow you to connect to a global pricing network of your peers who have the same career focus. Start your membership today to gain a competitive advantage and pricing power through PPS’ conferences, online training and access to top pricing executives. Increase your value by developing new knowledge, skills and solutions from leading experts in the pricing community. Your PPS membership will put you on the fast-track to obtaining your Certified Pricing Professional (CPP) designation.

 

 

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

“The bitterness of poor quality remains long after the sweetness of low price is forgotten”

     – Benjamin Franklin

 

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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Pricing News LinkedIn Group

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