Pricing News Daily > 6/4/18

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

Amazon’s jewellery festival from May 27 | Deccan Herald

Amazon’s jewellery festival from May 27 | Deccan Herald

Some of the deals and offers include up to 10% off on gold coins, up to 50% off on making charges on gold jewellery, 100% off on making charges on diamond jewellery and up to 50% off on silver selection. The customers can also go through a detailed price break up across the pricing components […]

 

At The Bottom Of Retail Pricing Holes | Forbes

At The Bottom Of Retail Pricing Holes | Forbes

I’ve covered pricing in retail for a long time, almost since the advent of the price optimization techniques that are now ante to the margin game in retail. And while it’s getting a bit old to talk about the impact of the Great Recession on retail, one of the lingering effects has been retailer reliance […]

 

State Policies to Address Prescription Drug Prices | Center for American Progress

State Policies to Address Prescription Drug Prices | Center for American Progress

Over the past few years, high and rising prescription drug prices have generated significant controversy. Large, bipartisan majorities of the public support increased government action to reduce drug prices.1 However, little action has been taken at the federal level to reduce prices. Despite President Donald Trump’s repeated promises during the campaign to crack down on […]

 

Coin-Op 101: The Upside of Full-Cycle Tumbler Pricing (Conclusion) | American Coin-Op

Coin-Op 101: The Upside of Full-Cycle Tumbler Pricing (Conclusion) | American Coin-Op

SPRINGFIELD, Mo. — What really makes the laundry business great is the flexibility that comes with it. Owners can decide what amenities to offer based on their clientele and market. The variations of store sizes and machine capacity offerings alone are examples of just how much this business is not one-size-fits-all. Then there are payment […]

 

American Airlines warns of fare increases if oil remains high | Reuters

SYDNEY (Reuters) – American Airlines <AAL.O> warned airline passengers may eventually face higher ticket prices if oil prices remain high, prompting carriers to remove seats from the market. Oil prices have risen around 50 percent compared to the levels seen last year and that is putting pressure on airline profits. “If it becomes clear this […]

 

Should Retailers Match Their Own Prices Online and in Stores? | Harvard Business School

Should Retailers Match Their Own Prices Online and in Stores? | Harvard Business School

While shopping for my 10-year-old daughter’s Halloween costume last October, I pulled out my smartphone and hopped online to see if the store offered the same crayon costume in more colors than it had on the rack. I was surprised to see that the outfit I was holding in my hand was $10 cheaper online—from […]

 

 

Uber, Lyft drivers pinched by higher gasoline prices | AFP

Uber, Lyft drivers pinched by higher gasoline prices | AFP

After a two-year dive, oil prices began recovering in spring 2016 and have stayed higher amid OPEC production agreements and rising global demand. The oil market has recently gotten a lift from the uncertainty generated by the US pullout from the Iran nuclear accord and by ongoing strife in Venezuela. Under the systems set up […]

 

How incentives in the gig economy put workers at risk | Philly

How incentives in the gig economy put workers at risk | Philly

Uber does not specifically introduce incentives to get drivers out in bad weather, said Danielle Filson, a spokeswoman for the company. But its surge pricing, where rates can balloon more than three times the baseline in the event of a situation like a snowstorm, acts as a de facto encouragement, since demand often increases in bad weather. […]

 

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…

 

 

 

“Pricing is actually pretty simple…Customers will not pay literally a penny more than the true value of the product.”

     – Ron Johnson

 

 

Posted in: Pricing News Daily