Pricing News Daily > 6/12/18

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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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

Panel to engage warring online taxi companies, drivers | The Economic Times

Panel to engage warring online taxi companies, drivers | The Economic Times

Kumaraswamy, while in the Opposition, had extended support to Uber and Ola drivers protesting against declining earnings and incentives. Last year, the Janata Dal (Secular) leader helped launch a mobile app-based ride-hailing platform called Namma TYGR with driver-friendly terms but it failed to make a dent in the market. “Both Ola and Uber lured drivers […]

 

A Survey of 1,700 Companies Reveals Common B2B Pricing Mistakes | Harvard Business Review

A Survey of 1,700 Companies Reveals Common B2B Pricing Mistakes | Harvard Business Review

Pricing to the Average Is Always Wrong One-size-fits-all pricing actually fits no one. Yet it is not unusual for sales executives to admit that their ability to tailor prices at the customer and transaction level is rudimentary, or that they are not even aware of how much margin they make on deals. By contrast, more-advanced […]

 

Right price of sugar | The Indian Express

Right price of sugar | The Indian Express

The latest policy measures, ostensibly to help clear payment of arrears of around Rs 22,000 crore to sugarcane farmers, will only make a bad problem worse. Today, there is too much of sugar in India. Total availability from opening stocks of 40 lt and production of over 320 lt during the 2017-18 season (October-September) will […]

 

Can You Guess Which US Airline Is the Worst? | MoneyWise

Can You Guess Which US Airline Is the Worst? | MoneyWise

Each day, tens of thousands of commercial flights crisscross America’s skies, and passengers on board those planes can have vastly different flying experiences. The seats can be relatively roomy and comfortable — or cramped and feel like you’re sitting on upholstered cement. You might pay one fairly inclusive price, or find your low fare comes […]

 

MultiBrief: New House bill focuses on Medicare drug price reduction | MultiBriefs

MultiBrief: New House bill focuses on Medicare drug price reduction | MultiBriefs

According to Health and Human Services (HHS) Secretary Alex Azar, “President Trump’s plan to curb drug prices will allow Medicare to negotiate prices in a more aggressive approach.” It is important for Medicare Part D participants to have a level of transparency when it comes to how they are priced for specific drugs that they […]

 

Rising Property Prices, Gambling Restrictions Among Reasons Why Cryptocurrency Is Alluring to South Koreans | EconoTimes

Rising Property Prices, Gambling Restrictions Among Reasons Why Cryptocurrency Is Alluring to South Koreans | EconoTimes

A strict stance on gambling, the difficulty in investing in the stock exchange, the rising prices and interest rates of properties, and the alluring emergence of cryptocurrency. These are some of the leading reasons why digital cash rose like a phoenix in South Korea. … The fiery demand, along with the smothering regulatory framework placed […]

 

Using mobile predictive analytics to improve customer experiences | Mobile Business Insights

Using mobile predictive analytics to improve customer experiences | Mobile Business Insights

Predict customers needs and trends No one needs to tell retailers that they’re operating in a competitive landscape. Consumers now have more brands to buy from and more ways to buy than ever before. If a store doesn’t have the right item in stock, or the right price on that item, customers can find another […]

 

Medicare Part A will run out of funds in 8 years, Medicare trustee report says | Healthcare Finance News

Medicare Part A will run out of funds in 8 years, Medicare trustee report says | Healthcare Finance News

“Absent a change in the delivery system or level of update by subsequent legislation, access to Medicare-participating physicians may become a significant issue in the long-term under current law,” trustees said. They recommend the consideration of reforms to prevent the widening of this gap. If the health sector cannot transition to more efficient models of […]

 

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…

 

 

 

“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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