Pricing News Daily > 5/15/18

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: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

With Walmart’s imminent entry, Amazon may reset growth and profitability targets | Business Line

With Walmart’s imminent entry, Amazon may reset growth and profitability targets | Business Line

Pricing strategy While Amazon entered the Food & Groceries category four years ago, which it is betting on to make it the daily, weekly, monthly shopping site of choice for Indians who spend a substantial portion of their monthly income on food, groceries and other consumables, it will have to tweak its pricing strategy to […]

 

Watchdog: No evidence of ‘price gouging’ on bin charges | RTE

Watchdog: No evidence of ‘price gouging’ on bin charges | RTE

A watchdog group set up to monitor waste charges says it has not found evidence of “price gouging” with the phasing out of flat fee collections. Frank Conway, Chair of the Price Monitoring Group, told an Oireachtas Committee that “while fluctuations in prices and service offerings have been observed, the overall trend is relative price […]

 

Self-Insurance Is Just the Start, Say Health Plan Innovators | SHRM

Self-Insurance Is Just the Start, Say Health Plan Innovators | SHRM

A Maze of Costs For both fully insured health plans and self-insured plans that use an insurance carrier as the third-party administrator (TPA), “the revenue and profit model is built on costs going up,” said Contorno. Paying brokers a percentage of premiums, typically through the carriers, is part of the problem. The insurance carriers’ view, […]

 

More Advisors Experimenting with Alternative Pricing Models | Wealth Management

More Advisors Experimenting with Alternative Pricing Models | Wealth Management

Some advisors are content to ride out their careers with their current client roster, feeling little need to grow their practice by attracting the attention and assets of younger clients. But there are some that do feel the need, either because they understand it’s their fiduciary duty to steward their clients’ assets into the next […]

 

The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured | Health Care Pricing Project

The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured | Health Care Pricing Project

Abstract: We use insurance claims data covering 28 percent of individuals with employer-sponsored health insurance in the US to study the variation in health spending on the privately insured, examine the structure of insurer-hospital contracts, and analyze the variation in hospital prices across the nation. Health spending per privately insured beneficiary differs by a factor […]

 

Daily on Healthcare:Trump drug price strategy to push generics, pressure foreign countries | Washington Examiner

Daily on Healthcare:Trump drug price strategy to push generics, pressure foreign countries | Washington Examiner

Trump to highlight generic drugs as key to lowering prices. President Trump on Friday will explain how bringing more generic drugs to the market faster can help lower prices for patients, according to his health chief. Health and Human Services Secretary Alex Azar told a Senate Appropriations Committee hearing that the administration’s goals are to […]

 

Despite backlash, loot boxes could be essential to gaming’s future | Ars Technica

Despite backlash, loot boxes could be essential to gaming’s future | Ars Technica

With all the controversy, scrutiny, and international regulation randomized video game loot boxes are facing these days, you might think the practice of charging players for a chance at unknown in-game items might be set for a precipitous decline. On the contrary, though, one analyst sees spending on loot boxes increasing by over 62 percent in the […]

 

U.S. muni bond firms race to comply with new price transparency rule | Reuters

U.S. muni bond firms race to comply with new price transparency rule | Reuters

Trading in some corporate bonds, under an amendment to Financial Industry Regulatory Authority rules, will also be affected. Under the rule, muni brokers will be required to determine a baseline number, known as a “prevailing market price,” in order to show retail investors how much prices for a bond transaction were marked up or down. […]

 

Tiffany & Co.Manager, Pricing & Analytics | Tiffany & Co.

Seniority Level: Mid-Senior level

Industry: Apparel & Fashion, Luxury Goods & Jewelry, Retail

Type: Full-time

Job Functions: Strategy/Planning, Product Management

Job description

The Manager of Category Pricing & Analytics will partner with Sr. Director and Director to drive direct margin improvement through global price optimization in collaboration with central and regional Finance teams. S/he manages […]

 

Pricing Manager | Carrier Enterprise

Pricing Manager | Carrier Enterprise

Seniority Level: Mid-Senior level

Industry: Building Materials Consumer Goods Retail

Type: Full-time

Job Functions: Sales Management Analyst

Job description

Carrier Enterprise is looking for talented individuals to join our team. We currently have exciting opportunities for a Pricing Manager in Charlotte, NC and Orlando, FL. The Pricing Manager role is the dedicated revenue management leader for their […]

 

Pricing Manager | Xylem Inc.

Pricing Manager | Xylem Inc.

Seniority Level: Mid-Senior level

Industry: Electrical/Electronic Manufacturing Utilities

Type: Full-time

Job Functions: Finance Marketing Product Management

Job description

Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the world’s water challenges. The Company’s products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential […]

 

Events and Resources

Webinar: Drive Greater Profits with Expert Pricing and Quoting Using a Joint Solution 24-May | Tour de Force & SPA

Date: May 24, 2018

Time: 2:00 PM Eastern

 

Customer quoting and pricing can be complex for distributors and manufacturers who have a significant number of products and customers. Sales teams can often struggle with identifying and quoting optimal pricing that balances profitability and competitiveness.

Automating and integrating your pricing and quoting processes can quickly lead to increased profitability through better controlled margins and sales growth through consistent, fair, and timely market pricing.

Through Tour de Force’s partnership with SPA, Inc., we provide an end-to-end automated quote-to-order solution that provides both the functionality and visibility that your sales teams need to better manage customer relationships, pricing, and margins.

Fall Pricing Workshops & Conference | PPS

Date: October 23-26, 2018

Location: Renaissance Dallas Addison Hotel in Addison, TX

Please make plans to join us and well over 450 of your peers for the best event anywhere. We will be in Dallas, TX, October 23-26, 2018.

Don’t miss out on the Early Bird Discount (When 2 people from the same firm register at the same time (item of equal or lesser value), the 3rd registrant can attend FREE of charge). Offer expires September 14th!

 

 

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.

 

Pricing Resources

Explore our collection of valuable pricing resources including:

 

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

 

 

“You can determine the strength of a business over time by the amount of agony they go through in raising prices.”

     – Warren Buffett

 

 

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