Pricing News Daily > 8/10/17

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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SPOSEA B.V.

SPOSEA B.V. drives increased profitability for SAP users by SIMPLIFYING SAP’s Price Data Optimization, Management and Execution. We provide the SAP ecosystem with enterprise-wide Price Management that increases margins through optimized prices. Our family of products includes BrightPrice Optimizer, BrightPrice Manager, BrightPrice DealManager, and BrightPrice MarketDynamics. We provide out of the box solutions for effectively managing Pricing in SAP. SPOSEA is headquartered in Eindhoven, the Netherlands, and has offices in San Francisco, California and Walldorf, Germany.

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Headlines

Indian retail market: H&M’s new pricing strategy pays off; sales zoom in H1 2017 | The Economic Times

Indian retail market: H&M’s new pricing strategy pays off; sales zoom in H1 2017 | The Economic Times

H&M, the world’s second-largest clothing giant, had said it will open 50 stores in India with an investment of 700 crore by 2020. The retailer stocks fast fashion items created in-house and teams up with designers for one-time collections. It keeps a large inventory of basic, everyday items sourced from places including India and Bangladesh […]

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Dabur India: Don’t see pricing as a trigger in terms of moving the top line: Sunil Duggal, Dabur India | The Economic Times

Dabur India: Don’t see pricing as a trigger in terms of moving the top line: Sunil Duggal, Dabur India | The Economic Times

So what is the outlook on the pricing strategy post GST? Sunil Duggal: Well at this point in time there would be no pricing action in terms of upward movement of prices, we have been selectively taking prices downwards where there has been a net beneficial effect of GST in oral care and hair oils […]

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Five Ways to Avoid Overpaying for Your Next Flight | Money

2. Constantly Check Airfares While it’s nearly impossible to monitor airfares constantly, it’s important to set up some type of price-tracking system in order to nab the best airfares. There was a time when airlines had actual people adjusting the prices, but now they’ve automated all of that. So you also need automation on your […]

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FedEx will not charge extra for most holiday home deliveries | Nasdaq.com

FedEx will not charge extra for most holiday home deliveries | Nasdaq.com

FedEx’s holiday pricing strategy steps up the Memphis-based company’s battle with UPS, the world’s largest package delivery company, for a greater share of e-commerce business driven by retailers like Amazon.com Inc <AMZN.O> and Wal-Mart Stores Inc <WMT.N>. UPS and FedEx have spent billions of dollars on upgrading their networks to handle rapidly rising e-commerce package volumes, […]

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Match Your Own Price? Self-Matching as a Retailer’s Multichannel Pricing Strategy | Marketing Science

Match Your Own Price? Self-Matching as a Retailer’s Multichannel Pricing Strategy | Marketing Science

Multichannel retailing has created several new strategic choices for retailers. With respect to pricing, an important decision is whether to offer a “self-matching policy,” which allows a multichannel retailer to offer the lowest of its online and store prices to consumers. In practice, we observe considerable heterogeneity in self-matching policies: There are retailers who offer […]

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Quarterly Air Cargo Update: Confidence on a Steady Climb | Logistics Management

Quarterly Air Cargo Update: Confidence on a Steady Climb | Logistics Management

Raising rates While air cargo volumes have increased, margins remain depressed for many air cargo middlemen, says Brandon Fried, executive director of the AirForwarders Association (AfA). “Most of our members are looking forward to opportunities in which profitability may improve,” says Fried. “One influencing factor to consider is the growth of capacity we’ve seen over […]

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McLellan: Where do AI and marketing collide? | Business Record

McLellan: Where do AI and marketing collide? | Business Record

There’s also the area of content creation. Can a computer watch what people view and buy and then use data to know what that consumer should be shown next? Amazon, Netflix and Pandora are already showing us how effective this is. Why wouldn’t you want the same AI to be working on your website or […]

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Featured Content and Events

Bright Price Market Dynamics – Get a powerful solution to effectively optimize and analyze price data in SAP | SPOSEA

Bright Price Market Dynamics – Get a powerful solution to effectively optimize and analyze price data in SAP | SPOSEA

Dynamic pricing solution for Geo-Targeted Price Optimization The Right Price All Over the World DYNAMIC PRICING Our Dynamic pricing software combines real- time market analyses with intelligent price optimization techniques. The optimal pricing strategy will boost your traffic, sales and profits. EXIT INTENT TECHNOLOGY Our Exit Intent technology uses refined behavioral analysis techniques to trigger […]

 

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Conference: Pricing & Revenue Optimization Executive Forum 2017 | IQPC

Date: August 23-24, 2017

Location: Chicago, IL

Blending Art and Science to Spark the Next Pricing Evolution – A More Meaningful Way for Qualified Senior Pricing Leaders to Share Strategic Insights

A Series of Facilitated Executive Roundtables for the Senior Pricing Professional

Bringing together a roster of master innovators in the pricing space, the inaugural Pricing and Revenue Optimization Executive Forum offers a rare opportunity to step outside the myopia of your day-to-day.

After extensive surveys of pricing leaders across multiple industries, we’ve created a program around the imminent challenges that you’re tackling now.

It will get intense. Maybe even a bit heated. But either way you’ll walk away with a more expansive outlook on how to optimize your margins.

 

Conference: 28th Annual Fall Pricing Workshops & Conference | PPS

Conference: 28th Annual Fall Pricing Workshops & Conference | PPS

Date: October 24-27, 2017

Location: Hilton San Diego Bayfront in San Diego, California

Hear from our President, Kevin Mitchell, give insight on the conferences we offer.  Please make plans to join us and well over 500 of your peers for the best event anywhere as we discuss Data, Change Management and the Profit Landscape. Don’t miss out on the Early Bird Discount (Buy 2 Get 1 Free). It expires September 15th!

CONFERENCE HIGHLIGHTS

  • 12 Certified Pricing Professional Workshops
  • 4 Breakout Tracks
  • Over 40 Speakers
  • 2 Full Conference Days
  • Over 100 Hours of Networking

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Conference: Digital Pricing Summit | IQPC

Pricing transformation through digital disruption.

DIGITAL TRANSFORMATION AND E-COMMERCE | DIGITAL PRICING STRATEGIES FOR B2C | E-COMMERCE PRICING IN THE B2B CONTEXT | VALUE CREATION AND CHANNEL MANAGEMENT | DIGITAL SUBSCRIPTIONS AND PAYMENTS | REVENUE MANAGEMENT & COMMERCIAL EXCELLENCE

  • Understand how digitalisation and online services are changing the future of commerce
  • Develop superior pricing strategies in the highly competitive B2C space
  • Explore how digital transformation and ecommerce are interdependent in the B2B context
  • Value creation, communication, managing partners and channel conflict
  • Leverage margin enhancement in digital subscriptions and leveraging digital payment platforms
  • Identify revenue management and commercial strategies for pricing excellence
  • Learn about setting up ecommerce platforms, subscriptions, data analytics and applications for pricing excellence.


The following is a daily-dose of pricing cartoons and quotes, enjoy…

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

     – GRAEME McVIE

 


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