Pricing News Daily > 6/1/18

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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Strategic Pricing Solutions

Strategic Pricing Solutions, LLC (SPS) is a management consulting firm helping clients with pricing strategies, data analytics, and pricing processes. SPS was formed by Scott Francis in 2005 with a vision of enabling B2B clients to build sustainable strategic pricing capability to significantly improve their profitability. By providing flexibility in how we serve our customers, SPS consulting enables clients to build sustainable strategic pricing capability and continuous improvement in profitability through better pricing decisions.

Click a link below to learn more…

Headlines

Cheap rides are making Lyft less reliable | Quartz

Cheap rides are making Lyft less reliable | Quartz

Lyft spokesperson Campbell Matthews said in an email that ride wait times in New York City average around five minutes. “In times of high demand, passengers may see a higher ETA as we work to provide an affordable ride for passengers and earning opportunity for drivers,” she said. Uber co-founder and former CEO Travis Kalanick […]

 

Broadway Sets Box-Office Record, Powered by ‘Hamilton’ and Springsteen | The New York Times

Broadway Sets Box-Office Record, Powered by ‘Hamilton’ and Springsteen | The New York Times

Dynamic pricing — the practice of varying prices to reflect consumer demand — is not new to Broadway. But this past season, producers became increasingly deft at it, and that’s why revenue is growing so much faster than attendance. Theatergoers generally pay a premium for a seat in the center orchestra. It often costs less […]

 

May 29 – Grain Prices Fall After Trump Imposes Tariffs on China | Farm Lead

May 29 – Grain Prices Fall After Trump Imposes Tariffs on China | Farm Lead

A brutal day on Wall Street helped boost the U.S. dollar higher as political crises rattled both Italy and Spain. Meanwhile, grain prices reacted negatively to news that the Trump administration plans to proceed with tariffs on about $50 billion of Chinese imports. Grain prices slumped in response. Markets are also looking for cooler temperatures […]

 

Fuel price impact: Pune’s private bus services to hike fares by 20% from June 1 | Hindustan Times

Fuel price impact: Pune’s private bus services to hike fares by 20% from June 1 | Hindustan Times

With the state transport administration considering a fare hike for the Maharashtra state road transport corporation (MSRTC) buses, owners of private buses too have decided to hike fares by 20 per cent from June 1. The decision comes in the wake of the recent hike in petrol and diesel prices, due to which bus operators […]

 

Oil retailers, aviation stocks rally 3-20% after sharp correction in crude prices | moneycontrol

Oil retailers, aviation stocks rally 3-20% after sharp correction in crude prices | moneycontrol

Share prices of oil marketing and aviation companies rallied between 3 percent and 20 percent after sharp correction in crude oil prices from 2018 high. IOC, HPCL and BPCL shares gained 8 percent, 6.7 percent and 6 percent, respectively while Jet Airways (up 6.7 percent), SpiceJet (up 13 percent) and InterGlobe Aviation (up 3.3 percent) […]

 

How to make health care prices transparent | AEI

How to make health care prices transparent | AEI

Alex Azar, the Secretary of Health and Human Services (HHS), has made price transparency for medical services one of his top priorities. It’s an important goal because meaningful price information is essential for a functioning marketplace. Price transparency does not exist today because medical care isn’t bought and sold in a typical market. Because hospitals and […]

 

Draft rules to make oil pricing transparent out | BusinessMirror

Draft rules to make oil pricing transparent out | BusinessMirror

AS continuing price surges have shifted public anger mostly to the TRAIN law that mandated higher fuel excise taxes, the government moved to require a more transparent, unbundled system for informing people of the breakdown of petroleum product prices. The Department of Energy (DOE) has released the draft rules on petroleum price monitoring, meant to […]

 

PCC cites Grab price hikes, ‘decreased’ service quality after Uber acquisition | Inquirer Business

PCC cites Grab price hikes, ‘decreased’ service quality after Uber acquisition | Inquirer Business

Higher fares after Uber’s exit After Uber left the market last month, Grab imposed higher fares and more frequent surge-pricing “despite an increase in the supply of Grab drivers,” PCC said, noting Grab now has a 93 percent hold of the market after Uber drivers switched apps. The antitrust body based the post-acquisition price increase […]

 

Pricing Manager | Sprint

Seniority Level: Mid-Senior level

Industry: Information Technology and Services, Computer Software, Telecommunications

Employment Type: Full-time

Job Functions: Management, Manufacturing

Job Summary

Enhances revenue optimization and profit maximization models for pricing and discounting. Analyzes and interprets impact of potential pricing moves on gross margin and regional, national, and channel pricing levels. Identifies and communicates trends in pricing, and proactively makes recommendations for management decision making. Develops databases, tools, and reports that support pricing information decisions.

  • Position will be responsible for helping create quarterly device pricing strategy & evaluating short-term promotional offers across various sales channels within the Prepaid Marketing Segment.
  • Position will also be responsible for assessing long-term customer value, as well as impact to the device subsidy budget

 

Corporate Pricing Manager | Atkore International 

Seniority Level: Mid-Senior level

Industry: Building Materials, Construction

Employment Type: Full-time

Job Functions: Management Analyst, Strategy/Planning

Job description

Atkore International is an industry leader in the manufacture of Electrical Raceway and Mechanical Products and Solutions, serving a wide range of construction, electrical, fire and security and mechanical applications.

The Mechanical Pipe & Tube Strategic Business Unit (SBU), a part of Atkore International, currently has an opening for a Pricing Manager in our Harvey, IL location. Harvey is located approximately 20 miles south of downtown Chicago.

Reporting to the VP/GM of Mechanical Pipe & Tube, the Pricing Manager is charged with growing contribution margin through a combination of strategic pricing and targeted growth initiatives.

 

 

Events and Resources

Conference: International Pricing Forum – IPF Paris 2018 | French Pricing Club

Date: June 13-14, 2018

Location: Cercle National des Armées in Paris, France

The IPF is the number one international pricing event in France, organized by pricing professionals (the French Pricing Club) for pricing professionals.

Too many pricing conferences are frustrating when presentations focus on general statements such as “you need to do value pricing” or “you need to work with your sales teams”.

The greatest value that the IPF will bring, is to focus on concrete case studies: Which issues? Which actions? Which obstacles? Which solutions and which lessons learnt?

On top of that, the IPF will also enable you to meet pricers from your area of business, through speed-meetings. You will not leave without speaking with the right people!

The ambition of the IPF is that you take away new actions to improve your pricing!

The number of places is limited to ensure a quality and high-level event, so don’t wait any longer and register now!

 

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…

 

 

 

“The moment you make a mistake in pricing, you’re eating into your reputation or your profits.”

     – Katharine Paine

 

 

Posted in: Pricing News Daily