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Pricing News Daily > 7/21/14

Pricing 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.

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Asia Pricing Professionals

Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise the profile of pricing management in Asia through:

  • Organizing formal and informal meetings where we discuss the latest trends and challenges in Pricing
  • Sharing industry specific knowledge related to pricing management with interested parties
  • Building a network of industry pricing experts who are easily accessible

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Today’s Headlines

This Week in Pricing > 7/19/14

TWIP is a recap of the week’s top pricing strategy in the news and resources for pricing professionals. We also publish a daily digest of top pricing news, strategy expert and technology leader’s thought leadership and industry news and events. This Edition is Sponsored by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption […]

Box, Uber and 29-cent Tacos | Josh Hannah

My twitter is alive today with stories of Box, now offering *unlimited* file storage for just $35.  What a deal!  Consumers love the idea of getting storage, which we all know costs real money, for a low fixed price, right? Almost as much as I like me some UberX for half the cost of a […]

iPhone 6 Price – Apple’s pricing strategy in USA, Canada, UK. | Evad3rs

After getting huge information on iPhone 6 full specification, release date, tech specs, features now its the time to find out the best iPhone 6 price in USA, Canada, Australia or United Kingdom. USA, Canada … market always have to bear a higher price for the iPhone smartphones. Read complete article here: iPhone 6 Price – […]

GE Opens a Pricing War Over the Connected LED Light Bulb | Greentech Media

Just over a year ago, the emergence of a sub-$10 light-emitting diode (LED) bulb was big news for the lighting industry. The same pricing trends are headed for smart bulbs too. Now, for just a few dollars more, consumers can buy a GE LED light bulb for their homes that can be controlled from a […]

Consultant’s Corner – Pricing Increase | GoSmallBiz

The first place to start assessing possible price increases is to analyze your gross profit margins and determine where you are losing money or realizing low profit margins. Also, you can review your historical records as to your last price increases and determine what labor, raw materials, and other operating cost increases you have experienced […]

Discussion: Farmers in fear after Tesco cuts price of milk

Telegraph Article Worries that Tesco move is first shot in price war that will squeeze dairy farmers A price war between Britain’s biggest supermarkets looks set to break out with Tesco today firing the opening salvo by slashing the cost of milk. The country’s biggest supermarket chain is cutting the cost of four pints of […]

Pricer’s Points | July 16, 2014

The “Pricer’s Points“ 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. This Edition is Sponsored by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources […]

Vizio rethinks PC strategy in weak market | Computerworld

If Vizio decides to leave the PC business in the process of re-evaluation, it could again be bad timing as the consumer market is showing signs of picking up, O’Donnell said. Vizio never did well in the PC business, and was relying on wholesale partners like Costco to sell laptops. The thin PC designs, particularly […]

Pricing Strategies – Pricing by Available Options | Steve’s Small Biz Blog

Therefore, I had a breakeven of about $350. We sold the self-install kit for $750 in those days. One reason we could charge a premium price was that we were a new product category protected by a patent. The other reason and the subject of this post was based on the customer’s other options. Our […]

Hershey Raises Prices for First Time in 3 Years as Cocoa Costs Spike | Entrepreneur.com

First came the coffee price hike, due to rising coffee bean costs. Now, with cocoa bean costs at a three-year high, chocolate makers are beginning to increase prices as well. On Tuesday, Hershey announced its first price hike in three years, with an increase of approximately 8 percent across the cocoa giant’s lines. “Commodity spot prices […]

Rackspace says so long to commodity cloud wars with new pricing model | VentureBeat

Cloud and hosting provider Rackspace has had it tough lately, relative to some competitors. Now the company is working to get into a more stable position. It’s taking steps away from the raw cloud infrastructure market, which competitors like Amazon and Google have taken the spotlight, and instead doubling down on a role it knows well — seller […]

Potash Corp. Continues Pricing Strategy And Enters Period Of Lower Growth – Potash Corporation of Saskatchewan Inc. | Seeking Alpha

Summary How elastic is potash demand to changes in price? What role do sometimes volatile crop prices play in fertilizer pricing? What do changes in the company’s dividend policy over the last 3 years signal to investors? By G C Mays Potash Corporation’s (NYSE:POT) newly installed CEO, Jochen Tilk recently stated that he intends to […]

Book: Collection of the Best Pricing Books and E-books

As a service to pricing professionals, we have compiled a collection of the best pricing focused hard-copy books and e-books available. The entries for each book are tagged by subject matter, include the author(s), publisher, date of publication, a picture of the front cover, and a brief summary. For you convenience, we have also included a […]

German sausage makers hit by €338m fine | CNBC

What’s the wurst that could happen? German sausage makers who colluded to fix prices of what is probably the country’s best-known cuisine now have the answer: a €338m ($460 million) fine. According to the Federal Cartel Authority, some of Germany’s most successful sausage producers have been colluding for decades to fix prices of sausages and […]

Disrupt Finalist Boomerang Commerce Raises $8.5M Series A Round For Its Price Optimization Service | TechCrunch

Boomerang Commerce, one of our six finalists at the latest Disrupt in New York, today announced that it has raised an $8.5 million Series A round. The round was led by Madrona Venture Group and Trinity Ventures. Both investors will also take seats on the company’s board. The company helps large e-commerce retailers set their prices based on […]

Customer Retention and Price Optimization Go Hand in Hand | TDT Analytics

The following case study by Ohio Mutual highlights how through the application of Predictive Analytics one can increase and optimize pricing and profitability while maintaining and even improving Customer Retention. … By late spring Ohio Mutual began building and testing an analytics model using homeowner’s policies in Ohio to kick off the initiative. The model […]

Pricing for Brand Equity – Vodka | PROS

The ability to price higher than your competition comes from having differentiated products. Your products must be better than your competitors’. When we think of positive differentiation, we usually think of what features we can build that our competitors don’t have (yet.) However, one very powerful “attribute” of a product that can create positive differentiation […]