Pricing News Daily > 8/31/18

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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Professional Pricing Society

Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing Solutions software. PPS also offers more than two dozen, full-day training workshops every year, taught by leaders in the pricing community. These workshops serve as the foundation for PPS’s Certified Pricing Professional (CPP) designation, our state of the art pricing certification program. Candidates may be certified after mastering a multi-stage curriculum followed by rigorous testing. Successful CPPs have acquired the core knowledge which not only places them in the top rungs of the pricing field, but also gives them the tools to enhance substantially their own careers.

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Headlines

A Pricing Leader’s Journey | Professional Pricing Society

A Pricing Leader’s Journey | Professional Pricing Society

In this guest post, learn from a pricing leader’s journey what it’s like to transition from an entry pricing career to leading a Keynote presentation at the Pricing Workshops and Conference event of the season. Pricing expert Scott Sinning, CPP, Director National Pricing for Graybar Electric, shares his first-hand experience attending our Spring Pricing Workshops […]

 

The Right Pricing Strategy: Here’s what businesses should know | India Retailing

The Right Pricing Strategy: Here’s what businesses should know | India Retailing

Getting the pricing of the commodity right is a big problem for many new business owners. A lot of the companies first decide the price and then workout the rest. Practically, it is never the owner or the consultant who decides the price. The market decides the price. And normally, this decision is directly related […]

 

How can dynamic pricing help your business expand? | Changing Prices

How can dynamic pricing help your business expand? | Changing Prices

What is dynamic pricing? Dynamic pricing is a new trend among e-commerce businesses that takes advantage of the laws of supply and demand to generate as much business and turnover as possible. It is based on traditional economic theory, although it combines economic analysis with behavioural observations in order to maximise profits. Traditionally, retail outlets […]

 

MoviePass Poll: About Half of Subscribers Call It Unreliable | Vulture

MoviePass Poll: About Half of Subscribers Call It Unreliable | Vulture

It’s been a cruel summer for MoviePass. Over the past few weeks, the embattled movie-ticket subscription service has been jolted by one distressing development after another. Users became livid when the company raised its price from $9.95 to $14.95 a month, implemented surge pricing, and began limiting attendance to first-run films. (A subscription now costs […]

 

Surge Pricing | The Kent County News

Surge Pricing | The Kent County News

To the editor: I can see no need for an additional bridge across the Chesapeake Bay when the existing spans are so underutilized. There is a simple way to spread the traffic load over a complete 24-hour day. It’s called “surge pricing.” We know how many vehicles cross the bridges for each hour of the day […]

 

When value and price collide | ING Think

When value and price collide | ING Think

Imagine you’ve bought tickets for yourself, another adult and two children to see a film at the local cinema of a national chain. You then search online and find you could have paid nearly half if you saw the same film with the same chain but somewhere else. This does not seem fair. This example is […]

 

How the Actions of the SEC Impact Cryptocurrency Prices | Investopedia

How the Actions of the SEC Impact Cryptocurrency Prices | Investopedia

The month of August has been, as usual, a volatile one for digital currencies of all kinds. Early in the month, the price of bitcoin and ethereum, as well as other digital tokens, dropped to some of the lowest levels of the year. BTC has since recovered and is now trading above $6,700; ETH is […]

 

Express lanes hit record prices for 2nd day in a row | WSB-TV

Express lanes hit record prices for 2nd day in a row | WSB-TV

COBB COUNTY, Ga. – Drivers may have a little sticker shock during their evening commute. The I-85 hot lanes reached a record of more than $15 for the second day in a row Tuesday morning. New dynamic pricing went into effect last Monday. The Tollway Authority says the new system gives more flexibility to lower […]

 

Events and Resources

Webinar: Machine Learning & Data: The Latest Pricing Opportunity | PPS and Vistaar

Date: September 27, 2018

Time: 12:00 pm Eastern

In today’s ever-evolving world, data and software driven strategies are imperative to creating sustained commercial success. Good processes and experienced personnel are no longer enough. It is nearly impossible to rely on spreadsheets, custom software tools, and anecdotal experiences to properly manage the complexity of becoming a “data-driven business.” The good news?

Computers are more adept than humans at sorting through data with complex variables such as frequently fluctuating costs, rapidly evolving pricing models, and shifting customer priorities. Modern pricing software solutions, powered by advanced algorithms and machine learning techniques, enable businesses to constantly analyze data on an unparalleled scale and drive decision making based on data.

Please join Vistaar’s Director of Product Management, Dushyant Zutshi, in a new #PricingWebinar titled, “Machine Learning & Data: The Latest Pricing Opportunity” for a sneak peek of PPS Fall 2018 session content. Dushyant will discuss how advanced algorithms and machine learning techniques drive intelligent pricing and sales strategies for success in the data-driven world.

 

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…

 

 

“You know you’re priced right when your customers complain—but buy anyway.”

– John Harrison

 

 

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