Pricing News Daily > 6/28/18

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

Study: Less than half of hospitals, health systems are pursuing customer-friendly billing statements | Becker’s Hospital Review

Study: Less than half of hospitals, health systems are pursuing customer-friendly billing statements | Becker’s Hospital Review

While hospitals and health systems are focusing more on patient-focused initiatives, they have room for improvement in various key areas related to consumerism, particularly pricing strategy and price transparency, according to a new report by Kaufman Hall. The report includes results from a 2018 survey of more than 200 U.S. hospitals and health systems. The […]

 

What higher wages means for Domino’s and McDonald’s | Arizona’s Family

What higher wages means for Domino’s and McDonald’s | Arizona’s Family

NEW YORK (CNNMoney) — Americans are finally getting paid more – and that’s creating challenges for nearly all of your favorite restaurants. Labor expenses make up an average of 25% to 30% of restaurants’ sales. Rising wages are forcing fast food and quick-service chains, including Olive Garden, LongHorn Steakhouse, Domino’s, Wendy’s, Jack in the Box, […]

 

PIL seeks intervention of HC to arrest surge pricing of app cabs | millenniumpost

PIL seeks intervention of HC to arrest surge pricing of app cabs | millenniumpost

The PIL was filed by advocate Soumya Shubro Roy, in the division bench headed by Chief Justice Jyotirmay Bhattacharya. Roy had prayed before the high court to come up with some measures to bring the app cabs under the ambit of the Motor Vehicles Act, so that they cannot levy high tariffs upon passengers whenever […]

 

Uniqlo sister chain aims for fast fashion at half the price | Nikkei Asian Review

Uniqlo sister chain aims for fast fashion at half the price | Nikkei Asian Review

TOKYO — Japanese casual wear chain G.U. is rethinking its identity and pricing strategy as it endeavors to emerge from the shadow of its powerhouse sister, Uniqlo. G.U. chief executive Osamu Yunoki told Nikkei that “lower pricing” is the key to differentiating the chain from its thriving sibling, which emphasizes practical apparel. “Although there may […]

 

Office Visit: A pricing advantage | The Journal Record

Office Visit: A pricing advantage | The Journal Record

A local daily newspaper recently ran an editorial calling for the establishment of price transparency legislation for health care providers. Their call for this change was appropriate but only half the story. Who could be opposed to greater transparency in any field of endeavor? But there is more to this story. Most people in this […]

 

With Startups And Big Data, Airbnb Hosts Take The Human Out Of Pricing | Crunchbase News

With Startups And Big Data, Airbnb Hosts Take The Human Out Of Pricing | Crunchbase News

Airbnb’s Own Pricing Tool Airbnb started to develop its own intelligent pricing algorithm in 2012. The service is currently offered to hosts free of charge. When hosts turn the Smart Pricing option on, their listing prices will be updated automatically. According to Airbnb’s website, Smart Pricing bases their algorithm on over 70 factors. Higher prices […]

 

The real disease: Price transparency key to saving Medicare and lowering the debt | TheHill

The real disease: Price transparency key to saving Medicare and lowering the debt | TheHill

The lethal combination of poor leadership and reckless entitlement spending has put us on the road to disaster. If we don’t take action now, in addition to bankrupt social programs, we’ll soon be faced with even higher interest rates and decreased economic growth — not to mention an impossible political situation when the next generation realizes […]

 

Jim Sterling Rips ‘Black Ops IIII’ Apart for Exploitative Pricing | comicbook.com

Jim Sterling Rips ‘Black Ops IIII’ Apart for Exploitative Pricing | comicbook.com

Black Ops IIII is in the hot-seat. If you’ve ever seen an episode of The Jimquisition, then you know that you’re in for some really rough language. If you’ve never seen The Jimquisition, then Warning: There is some really foul language in the video above, which is also soul-crushingly cynical, and makes no apologies for […]

 

 

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

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!

14th Annual PPS European & Global Pricing Conference & Workshops | PPS

Date: November 28-30, 2018

Location: Mövenpick Hotel Amsterdam City Centre in Amsterdam, Netherlands

The Professional Pricing Society team and I are very proud to announce that we will be returning to Amsterdam for our next great event – The 14th Annual PPS European & Global Pricing Conference & Workshops held 28-30 November.

Conference keynotes, breakout sessions, and networking opportunities highlight the conference day on 30 November; While 28-29 November will be used for workshop days to help you enhance your pricing knowledge.

 

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…

 

 

“There is no point in matching a competitor if the nearest store is 50 miles away.”

     – GRAEME McVIE

 

 

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