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Pricing News Daily > 8/10/18

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

Why MoviePass Keeps Changing Its Business Model | VICE

Why MoviePass Keeps Changing Its Business Model | VICE

When MoviePass was introduced to the world, the subscription service seemed almost too good to be true: unlimited movies, in theaters, for around $10 a month. Turns out, it was too good to be true. This summer, the company announced that it has been struggling to make ends meet, and customers have suffered the consequences. […]

 

MoviePass Abandons Price Hike and New Release Blackouts | Collider

MoviePass Abandons Price Hike and New Release Blackouts | Collider

The MoviePass saga continues. Last week, in the wake of serious financial troubles, the subscription service announced sweeping changes to the dismay of pretty much all of its customers. They would be increasing the price to $14.95 per month, new releases wouldn’t be available for the first two weeks of release, and surge pricing would […]

 

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

The CMS rule goes further than current regulations, and it requires hospitals to share prices in a bid to “encourage price transparency” and enhance “public accessibility,” notes The Hill. The Trump administration is also looking into new ways to “allow consumers to more easily access relevant health care data and compare providers.” “The agency is considering […]

 

Chinese Low-cost Airlines Eye Growth Amid Stiff Competition | Aviation International News

Chinese Low-cost Airlines Eye Growth Amid Stiff Competition | Aviation International News

Budget carriers compete with each other through pricing strategy. For instance, Spring Airlines, serving 130 routes with 80 airplanes, offers a promo fare equivalent to $15.50 for its Shanghai-Bangkok route. All of the LCCs target the growing middle class, estimated at 200 million people. Also, they face tough competition from the full-service airlines, as their […]

 

Samsung cuts prices of top-selling TVs by up to 15% | The Economic Times

Samsung cuts prices of top-selling TVs by up to 15% | The Economic Times

KOLKATA: Samsung Electronics cut prices of its top-selling television models for the second time in two months in an attempt to consolidate its leading spot and prevent loss of market share as it did in the smartphone segment, three senior industry executives said. The price reduction ranges from about 5% (Rs 1,000 to Rs 2,500) […]

 

Vodafone announces cheaper NBN plans in a bid to start a broadband price war | news.com.au

Vodafone announces cheaper NBN plans in a bid to start a broadband price war | news.com.au

VODAFONE says it wants to start a price war in the home broadband market and has released new NBN plans as a way of firing the first shot. The National Broadband Network has allowed a bunch of new players to easily enter the home broadband market, delivering services to end users via the wholesale network […]

 

iPhone X Sales Might Make Future High-End Smartphones More Expensive Than Ever | Inverse

iPhone X Sales Might Make Future High-End Smartphones More Expensive Than Ever | Inverse

How High Can Smartphone Prices Go? During Apple’s second-quarter earnings call, CEO Tim Cook stated that the iPhone X was the “top-selling iPhone since the launch,” putting to rest “notions that” the pricing strategy was too aggressive. The company’s current flagship iPhone was released alongside the 8 and the 8 Plus, which were around $200 […]

 

SeaWorld stock soars 18% as visitors return to its parks | MarketWatch

SeaWorld stock soars 18% as visitors return to its parks | MarketWatch

“The cloud of bad PR still looms, but it’s starting to break as the park continues to invest in assets outside the whales,” said John Poelking, leisure and media analyst at Mintel. “New rides and educational experiences have repositioned SeaWorld as a fun place to go to again, and people appear to be responding to […]

 

 

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…

 

 

“There is scarcely anything in the world that some man cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this man’s lawful prey.”

     – John Ruskin

 

 

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