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Pricing News Daily > 7/16/18

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:

 

Vistaar

Vistaar is leading SaaS software provider that enables companies to optimize pricing, promotion, configuration, and rebate management.  Our solutions are powered by predictive models leveraged by machine learning that deliver profitable growth and maximize shareholder value.  Our world-class customer base spans a broad range of industries throughout the Global 2000 and includes: manufacturing, beverage alcohol, retailers, and many others.

 

Headlines

We Define CPQ For Pricing | Professional Pricing Society

We Define CPQ For Pricing | Professional Pricing Society

What is Configure Price Quote (CPQ)? Configure price quote (CPQ) is an industry term for software solutions that help companies to streamline some of their core processes around the prices that they set for customers. CPQ software can help companies configure products or services in the most optimized way, pricing according to internal factors such as […]

 

What Does a Drug Cost? It Depends on Where You Live | The New York Times

What Does a Drug Cost? It Depends on Where You Live | The New York Times

What you pay at the pharmacy for generic drugs can vary widely based on where you live, according to a new analysis by the consumer website GoodRx. The study, which looked at 500 commonly used drugs in 30 American cities, highlights just how unpredictable drug prices can be. The cost of common drugs like the […]

 

Drugmakers Cancel Price Hikes After California Law Takes Effect | Bloomberg

Drugmakers Cancel Price Hikes After California Law Takes Effect | Bloomberg

A handful of the world’s biggest drugmakers are canceling or reducing planned price increases in the U.S., following a new California drug pricing transparency law and continued political pressure over pharmaceutical costs. The California law, which began to take effect earlier this year, requires drugmakers to give insurers, governments and drug purchasers advance notice of […]

 

Caving to pressure, Pfizer delays price hikes | BenefitsPRO

Caving to pressure, Pfizer delays price hikes | BenefitsPRO

Pfizer Inc. agreed to delay implementation of planned price increases for certain drugs a day after President Donald Trump launched an attack on the company, saying it should be “ashamed” of the move. Trump said on Tuesday evening that the New York-based company would be “rolling back price hikes” after he spoke with its chief […]

 

Why putting drug prices in ads is a bad idea | STAT

Why putting drug prices in ads is a bad idea | STAT

When the Trump administration released its blueprint for lowering drug prices a couple months ago, it floated a trial balloon: What if we required manufacturers to include drug prices in direct-to-consumer advertising? It’s unclear if the intent of doing that is to make prices more transparent to consumers, to “shame” manufacturers into lowering prices, to […]

 

As bitcoin values slide, high-end GPU prices drop, too | Computerworld

As bitcoin values slide, high-end GPU prices drop, too | Computerworld

The processing power of high-end gaming cards made them ideal for cryptocurrency mining rigs and they were in hot demand when Bitcoin, Ethereum and other digital token prices leaped to unprecedented heights in late 2017 and early 2018. That trend now appears to be reversing; add-in board (AIB) prices appear to be declining and supplies […]

 

Pier 1 Must Evolve or Die | RIS News

Pier 1 Must Evolve or Die | RIS News

RELAUNCHING THE PIER 1 BRAND The first key tenet of Pier 1’s new approach will be a relaunch of the Pier 1 brand, with a focus on new and exciting merchandise. The retailer is known for its varied and international assortment with mid- to high-end price points. While it is committed to maintaining its identity, […]

 

Drivers Can Get Cheap Car Insurance Quotes And Save Money | Benzinga

Drivers Can Get Cheap Car Insurance Quotes And Save Money | Benzinga

Car insurance companies have their own rules regarding clients’ classifications and costs. Furthermore, many companies use price optimization in order to slowly increase the costs over time. This means that the offer the client thought it was the best last 2-3 years ago, may now be really expensive. And other offers, much better, have appeared […]

 

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…

 

 

“With the price of life these days, you’ve got to get everything for free you can.”

     – Carl Rogers

 

 

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