Pricing News Daily > 7/11/18

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:

PPS Logo

 

 

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

Don’t Hate on Surge Pricing From Uber and MoviePass | TheStreet

Don’t Hate on Surge Pricing From Uber and MoviePass | TheStreet

What’s worse than pulling up the Uber app to catch a ride home after a long weekend night only to be met with the surge pricing warning? No Uber at all. That could very well be the fate of a company like Uber without surge pricing. The same goes for the likes of MoviePass, the […]

 

New Paradigms in Retail with AI and Big Data | tapscape

New Paradigms in Retail with AI and Big Data | tapscape

Pricing  Strategies Here too, customer decisions, market trends and prices etc can be analyzed and better pricing decisions can be made in different segments – low price, good quality at competitive price, and premium brands and products with higher prices. There will be different segments of customers for each of these. Price optimization software can […]

 

Bordeaux ’17 Pricing Causes Backlog of Wine Stocks, Liv-ex Says | Bloomberg

Bordeaux ’17 Pricing Causes Backlog of Wine Stocks, Liv-ex Says | Bloomberg

High prices for Bordeaux 2017 compared with similar prior vintages, and restrained demand from buyers focusing on a few top labels, is leading to wine stocks backing up at merchants in the French port and a squeeze on margins through the supply chain, according to London-based online wine market Liv-ex. Average 2017 prices for wines […]

 

Is Another Netflix Price Hike in the Works? | The Motley Fool

Is Another Netflix Price Hike in the Works? | The Motley Fool

Video streaming giant Netflix’s (NASDAQ:NFLX) worldwide expansion continues to progress, and one key pillar of its strategy is growing its library of original content developed specifically for various foreign markets. Populating its platform with locally produced fare should entice more subscribers in those countries, and the company plans to spend a not-insignificant fraction of its […]

 

Amazon already undercutting prices on over-the-counter pills | The Star Online

Amazon already undercutting prices on over-the-counter pills | The Star Online

NEW YORK: As pharmacy chains await Amazon.com Inc’s entry into the prescription-drug market, the online retail giant is already undercutting them for non-prescription medicine for aches, colds and allergies. Median prices for over-the-counter (OTC), private-brand medicine sold by Walgreens Boots Alliance Inc and CVS Health Corp were about 20% higher than Basic Care, the OTC […]

 

NHS Trusts buying whiteboard markers at near double the price of high street shops | The Telegraph

NHS Trusts buying whiteboard markers at near double the price of high street shops | The Telegraph

“There is no doubt that considerable variation remains in how much different parts of the NHS pay for goods and supplies,” said Siva Anandaciva, chief analyst at independent health think tank The King’s Fund. He blames some of the variation on differences in how data is collected: some organisations report only the product price while […]

 

Milk price index arrives | Gippsland Times

Milk price index arrives | Gippsland Times

DAIRY farmers will be better able to understand and interpret commodity market price signals following the launch of the new Milk Price Index. The index will provide independent and transparent market information to dairy farmers. The index will be supported by a one-year forecast of prices that will be updated quarterly, along with regular global, national and […]

 

Drug prices rise, as pharma prospers from tax law, group argues | STAT

Drug prices rise, as pharma prospers from tax law, group argues | STAT

WASHINGTON — A tax policy group here is trying to rally outrage over last year’s Republican-backed tax cut by pointing to one of its main beneficiaries: the pharmaceutical industry. Americans for Tax Fairness, a coalition of left-leaning groups that advocate for placing a heavier tax burden on corporations and the wealthy, said in a report […]

 

Pricing Manager | US FoodsPricing Manager | US Foods

Seniority Level: Mid-Senior level

Industry: Food & Beverages

Employment Type: Full-time

Job Functions: Management, Accounting/Auditing, Finance

Job Summary: Manage the execution of pricing strategies at the area level to support company margin goals and area “Go to Market” strategy. Identify opportunities to increase sales and profit in area by conducting regular analysis, consulting with sales teams, and […]

 

Pricing Manager | Infinera

Pricing Manager | InfineraSeniority Level: Mid-Senior level

Industry: Electrical/Electronic Manufacturing Computer Software Telecommunications

Employment Type: Full-time

Job Functions: Management, Manufacturing

Job Summary: The Pricing Manager will influence Infinera’s business strategy working with Sales and partnering with Product Management to set pricing structures for key strategic opportunities and prepare financial analysis that facilitate executive decisions. Role Candidate must be […]

 

 

Events and Resources

Conference: Asia Pricing & Commercial Excellence Summit 2018 | IQPC

Date: August 14-15 2018

Location: Novotel Singapore on Stevens, Singapore

With expansive global competition and today’s consumers readily disrupting traditional pricing and revenue management methods, it is vital for pricing strategists to understand changing perceptions of value, evolving customer behaviours and the new demands of an omni-channel operating environment.

How can Asia’s pricing and commercial leaders achieve commercial excellence with outstanding pricing and revenue management strategies? How can organisations harness new-age pricing tools such as pricing analytics and pricing automation to win, retain and convert customers?

Join the 4th edition of our Asia Pricing & Commercial Excellence Summit this August to gain valuable B2B and B2C insights on how Asia’s business leaders can continue to innovate and optimise their pricing strategies to drive the next phase of business growth.

 

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…

 

 

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

     – Katharine Paine

 

 

Posted in: Pricing News Daily