Pricing News Daily > 5/3/18

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.

 

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Vistaar

Vistaar is leading SaaS software provider that enables companies to optimize pricing, promotion, configuration, and rebate management.  Our solutions are powered by predictive models leveraged by machine learning that deliver profitable growth and maximize shareholder value.  Our world-class customer base spans a broad range of industries throughout the Global 2000 and includes: manufacturing, beverage alcohol, retailers, and many others.

 

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Headlines

Drug Pricing Proposal Should Revamp Medicare, GOP Experts Say | Roll Call

Drug Pricing Proposal Should Revamp Medicare, GOP Experts Say | Roll Call

An upcoming Trump administration proposal on lowering drug costs should ask Congress to allow private insurance companies to negotiate prices for drugs administered in a doctor’s office or hospital, two Republican policy experts said. The administration’s proposal is a request for comment on strategies to lower drug prices and out-of-pocket costs. It was originally expected […]

 

Deutsche Bank says Apple made a big mistake by pricing the HomePod at $349 | BGR

Deutsche Bank says Apple made a big mistake by pricing the HomePod at $349 | BGR

“We believe that Apple had a real opportunity to become a major player in the smart home with its introduction of the HomePod smart speaker,” the note reads in part. “However, poor reviews and a significant fall-off in demand post the launch suggest the company has missed the mark.” While HomePod sales are certainly not […]

 

Secrets to Scoring Cheap Concert Tickets | Rolling Stone

Secrets to Scoring Cheap Concert Tickets | Rolling Stone

The $20 tickets have no hidden fees attached, and they aren’t a one-off gimmick – rather, they’re smart business strategy that also pays off for fans. One of the reasons Live Nation is floating such a sparkling deal is that consumer demand for live music these days is at record levels, giving concert-runners a guaranteed […]

 

The Arenametrix Formula: Know Your Audience & Sell More Tickets | Pollstar

The Arenametrix Formula: Know Your Audience & Sell More Tickets | Pollstar

“You could, for example, target your most loyal festivalgoers. If you create that target and send it to Facebook to create a lookalike, you are able to reach people that are more likely to come to your event.” Festivals spend money on Facebook, radio, TV and print ads. According to Marnierre, Arenametrix tells them exactly […]

 

Minimum Pricing: English whisky shops near Scots border expect surge in customers | The Scotsman

Minimum Pricing: English whisky shops near Scots border expect surge in customers | The Scotsman

English whisky shops just south of the border are anticipating a surge in Scottish customers following the implementation’s of Scotland’s minimum alcohol pricing laws. Yesterday was a landmark day for Scots as retailers will now need to ensure a unit of alcohol is not priced below 50p. The moves comes as the Scottish Government attempt […]

 

Movie Ticket Prices Rise Close To 4% In Q1 Of 2018 | Deadline

Movie Ticket Prices Rise Close To 4% In Q1 Of 2018 | Deadline

Versus the final quarter of 2017, Q1 2018’s average price is down two cents, but it’s running ahead of the 2017 average of $8.97. Typically when we see a surge in pricing it’s largely attributed to the volume of moviegoers and their appetite for shelling out premium pricing for event titles (i.e. Imax, premium large […]

 

T-Mobile-Sprint merger: Will this lead to higher prices and fewer jobs? | USA Today

T-Mobile-Sprint merger: Will this lead to higher prices and fewer jobs? | USA Today

NEW YORK — A $26 billion merger between T-Mobile and Sprint would unite the cell-phone carriers that have have battled for customers by abandoning long-reviled payment plans and adding a relentless stream of perks. The question for the government regulators who must bless the deal, and all of us: are the good times over? Under […]

 

Why Alaska Airlines’ Basic Economy Fare Will Be Better Than Most | Travel + Leisure

Why Alaska Airlines’ Basic Economy Fare Will Be Better Than Most | Travel + Leisure

Alaska Airlines will join the other major U.S. airlines and introduce basic economy fare later this year — however it’s not nearly as bad as it could be. Alaska Airlines’ “Saver Fare” will make it the fourth major airline in the country to introduce basic fares (after American, Delta and United). But Alaska’s version of […]

 

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

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!

 

 

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…

 

 

“People tend to be clueless about prices. Contrary to economic theory, we don’t really decide between A and B by consulting our invisible price tags and purchasing the one that yields the higher utility, he says. We make do with guesstimates and a vague recollection of what things are “supposed to cost.””

     – William Poundstone

 

 

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