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Pricing News Daily > 8/7/18

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

Draft E-Commerce Policy: Is It The Government’s Job To Fix Prices? | Bloomberg Quint

Draft E-Commerce Policy: Is It The Government’s Job To Fix Prices? | Bloomberg Quint

Not every stakeholder is convinced as India considers a policy that may force e-commerce companies, social-media websites and search engines to store their data locally and regulate anti-competitive policies such as deep discounts during online sales. According to the recommendations of the draft policy, a copy of which is available with BloombergQuint, such locally stored […]

 

Tire Pricing Strategy: Why You Shouldn’t Play the Match Game | Modern Tire Dealer

Tire Pricing Strategy: Why You Shouldn’t Play the Match Game | Modern Tire Dealer

Fallacies of price matching We have found that when customers mention they can find a lower price elsewhere, they are indirectly telling your salespeople, “I want to do business with you, but you have to make me feel like I am getting a better value.” Many consumers understand that if the dealership has the lowest […]

 

Why iPhone and Android phone prices will get even higher | CNET

Why iPhone and Android phone prices will get even higher | CNET

When Apple broke the $1,000 barrier for its iPhone X last September, critics scoffed at its exorbitant price. They doubted people would reach so deeply into their wallets for a phone that outpriced two other perfectly good iPhones, the iPhone 8 and iPhone 8 Plus. The critics were wrong. Apple CEO Tim Cook said in […]

 

Pricing Strategies: Value-Based Pricing (#03) [Video] | Mike Gastin

Pricing Strategies: Value-Based Pricing (#03) [Video] | Mike Gastin

This is the third in my series on pricing strategies. Value-based pricing is probably the most important aspect of pricing that any service business can implement. Done correctly, it can transform your business. Read complete article here: Pricing Strategies: Value-Based Pricing (#03) – YouTube.

 

Product Pricing Strategies to Sell and Sell and Sell | Inc.com

Product Pricing Strategies to Sell and Sell and Sell | Inc.com

Welcome to the obscure, murky, and sometimes scary world of product pricing. If you are reading this, it’s probably because I finally got a title catchy enough to draw you in… or like plenty of other entrepreneurs, you are unsure of how to price your product (most likely). Elementary, My Dear Watson. As in elementary math […]

 

The Long and Short of Pricing Strategy | tech – growth – venture

The Long and Short of Pricing Strategy | tech – growth – venture

Creating Margin with Consumption-based Pricing Consumption pricing is charging based on how much or often a consumer uses the product.  The two most obvious examples would be almost any cloud storage provider or Invision’s per workflow product. This structure is perfect if your product could be accessed by an entire group or division with one […]

 

How New Entrants Are Shaping The Future Of Retail | Forbes

How New Entrants Are Shaping The Future Of Retail | Forbes

Warby Parker, the eyeglass company that evolved a dated shopping experience, has also disrupted a category that has seen little innovation over the past few decades. The company offers quick delivery, lower costs and on-trend products. Warby Parker is now a household name and worth $1.75 billion— proving the quickly won value of disrupting the […]

 

$1,000 iPhone X just the start of rising smartphone prices | Cult of Mac

$1,000 iPhone X just the start of rising smartphone prices | Cult of Mac

Apple’s bet on a $1,000 smartphone has paid off in a big way, and that’s bad news for iPhone fans. As the iPhone X continues to be Apple’s best-selling smartphone, analysts warn that it will encourage even higher price tags year after year. You can expect this year’s iPhone lineup to be even more expensive, […]

 

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 no point in matching a competitor if the nearest store is 50 miles away.”

     – GRAEME McVIE

 

 

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