Pricing News Daily > 8/13/18

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.

 

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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

Avis to Provide Rental Cars to Lyft Drivers | FutureCar

Avis to Provide Rental Cars to Lyft Drivers | FutureCar

As part of the partnership, Avis will add thousands of vehicles to Lyft’s Express Drive program in North America, making it easier for people to drive for Lyft without owning a car. Lyft drivers will be able to reserve an Avis rental car right from the Lyft app. The service is rolling out in the […]

 

Lessons learned from the EU’s algorithmic price war that ripped off consumers | SmartCompany

Lessons learned from the EU’s algorithmic price war that ripped off consumers | SmartCompany

Algorithms used by the retailers In principle, a retailer or merchant could use the API provided by the platform to manage their pricing. Research at Northeastern University has shown that merchants on Amazon Marketplace that use algorithmic pricing have greater sales. However, merchants may not have algorithm design as a core skill. This was illustrated when a […]

 

Just announced: T-Mobile is launching a cheaper unlimited wireless plan | WSOC-TV

Just announced: T-Mobile is launching a cheaper unlimited wireless plan | WSOC-TV

On its website, T-Mobile describes Essentials as a plan for people who mostly use their phone in the United States. The carrier says those who travel internationally may be better off with T-Mobile One. T-Mobile One is $70/month for a single line and $160/month for four lines, with taxes and fees included. A lot of […]

 

A New MoviePass Plan Might Be Too Late, Analysts Say | Fortune

A New MoviePass Plan Might Be Too Late, Analysts Say | Fortune

MoviePass, the embattled movie subscription service, appears to have settled on a pricing plan that the company says is “built for the mass consumer,” even as analysts argue that the plan isn’t built for profits. On Monday, MoviePass announced that it would change the terms of its existing plan, which allowed its more than 3 […]

 

Ride-Hailing Singapore Cheapest Fares – Grab vs Ryde vs Kardi vs TADA | Vucan Post

Ride-Hailing Singapore Cheapest Fares – Grab vs Ryde vs Kardi vs TADA | Vucan Post

6 PM – The Start Of The Evening Rush Grab: $27.00 Kardi: $12.00~$14.00 Ryde: $16.50 TADA: $20.00 Pang gang lo! Prices are steep, especially for Grab, as their dynamic surge pricing kicks in. What’s interesting is that Kardi’s price remained the same throughout the day. What’s The Difference? The pricing model, drivers’ commission rates, the […]

 

A New Bill Banning Banks From Charging Overdraft Fees May Have Unintended Consequences | InsideSources

A New Bill Banning Banks From Charging Overdraft Fees May Have Unintended Consequences | InsideSources

But Borné believes the bill will force the market to adapt and be more fair to consumers. It may prompt banks to nix free checking account options, but banks would at least be more transparent about the fees they charge. “What you see is a lot of banks that offer free checking with no upfront monthly […]

 

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

The CAG observed, “There were inadequacies in the pricing methodology followed by the Company. The multiplication factor adopted to scale up tariff for higher capacities was low, which adversely impacted revenue. Pricing of Indefeasible Right to Use (IRU) contracts was inconsistent with different methods applied for different contracts, leading to lower revenue for the business.” […]

 

Amish Uber: Man Starts Horse and Buggy Rideshare Service in Michigan | Thrillist

Amish Uber: Man Starts Horse and Buggy Rideshare Service in Michigan | Thrillist

In America, it’s hard to build a business without millions in investment, but piggybacking off a wildly successful — if not imminently scandal-prone — company might help you carve out a niche. An Amish man in the small Michigan town of Colon has set his sights on the fertile rideshare business by offering transportation with a […]

 

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…

 

 

“For me, it’s not about price. It’s about necessity, quality, and usefulness.

     – Fergie

 

 

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