Pricing News Daily > 8/20/18

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

Scrapping Get Me In and Seatwave will ‘push up Ticketmaster prices’ and lead to ‘surge pricing’ for popular events | The Sun

Scrapping Get Me In and Seatwave will ‘push up Ticketmaster prices’ and lead to ‘surge pricing’ for popular events | The Sun

SCRAPPING Get Me In and Seatwave will push up ticket prices and lead to “surge pricing” for popular events, industry insiders have claimed. Yesterday, Ticketmaster announced it is shutting its secondary ticket selling websites because “fans are tired of seeing others snap up tickets just to resell for profit”. It plans to launch its own […]

 

ATPCO product gives airlines more pricing info from competitors | Travel Weekly

ATPCO product gives airlines more pricing info from competitors | Travel Weekly

Industry analyst Henry Harteveldt, president of Atmosphere Research Group, said the new technology could help airline pricing departments be smarter and more effective. As far as its impact on consumers, he said that will be less obvious. In some cases, airline pricing departments will use the extra information to lower fares or offer promotions. In […]

 

5 Reasons Supply Base Rationalization Can Harm Spend Management | Spend Matters

5 Reasons Supply Base Rationalization Can Harm Spend Management | Spend Matters

1. Ignores the Positive Savings from Price Dispersion Although procurement professionals may not use the term in their daily lives, price dispersion is a key purchasing concept that is ignored in traditional supply base rationalization. Price dispersion is an economic scenario in which various sellers offer different prices for the same product in a specific […]

 

Pricer’s Points: Pricing research – when to use it and how to improve it | Nicola Warrington

Pricer’s Points: Pricing research – when to use it and how to improve it | Nicola Warrington

There was an interesting article last week in Research Live about the gamification of pricing research arguing that traditional approaches need to be more engaging in order to improve data quality, limit respondent bias and reduce the rationalisation of responses. Improving traditional approaches and respondent engagement can only be a good thing but the underlying […]

 

New iPhones set to be cheaper due to competition, claim analysts | uSwitch

New iPhones set to be cheaper due to competition, claim analysts | uSwitch

Apple’s 2018 iPhoneS will cost less than expected, its has been claimed, as the tech giant responds to growing competition from Chinese mobile-makers such as Huawei and OnePlus. That’s the word from analysts at TrendForce, who add that disappointing sales of last year’s iPhone X, iPhone 8 and iPhone 8 Plus are behind Apple’s change […]

 

Dealflicks, once billed as the Priceline of movie tickets, is no more | LA Times

Dealflicks, once billed as the Priceline of movie tickets, is no more | LA Times

Dealflicks Inc., the start-up once billed as the Priceline of movie ticket sellers, has thrown in the towel after years of struggling to gain traction. The San Francisco company, which promoted deals on tickets and concessions, sent an email to customers Tuesday saying its service has ended, effective immediately. “This is unfortunate news for us […]

 

Choovie set to expand in Oz and to launch in New Zealand | IF Magazine

Choovie set to expand in Oz and to launch in New Zealand | IF Magazine

“From our surveys we know the main reason people have not tried Choovie is they don’t know about it,” he tells IF. By the end of the year he aims to offer 200,000 tickets per week, up from slightly more than 100,000 currently. Exhibitors set the ticket price for each session depending on demand and […]

 

Idealism Vs Reality Potential Issues Impacting President’s Plan To Lower Drug Prices | Life Science Leader

Idealism Vs Reality Potential Issues Impacting President’s Plan To Lower Drug Prices | Life Science Leader

In looking at the President’s plan for lowering drug prices, especially as they impact many health plans — particularly those in their infancy — a significant chasm exists between idealism and reality. While it will be important to take all factors into consideration, some key potential issues merit close attention. Are The President’s Recommendations Realistic? […]

 

Part III of the Hong Kong Healthcare Series: Show me the Prices! Increasing visibility in hospital fees could relieve pressure on public health services | Harbour Times

Part III of the Hong Kong Healthcare Series: Show me the Prices! Increasing visibility in hospital fees could relieve pressure on public health services | Harbour Times

The Hong Kong government thinks that greater visibility on pricing could make people more comfortable with private hospital services and is taking the initiative to tackle this issue. A bill that could be passed later this year could lead to significant changes in the provision of health care. Making pricing transparent “We rolled out (in […]

 

Events and Resources

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

 

 

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