Pricing News Daily > 8/3/17

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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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.

Click a link below to learn more…

Headlines

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers gang up to cause surge pricing, research says | The Telegraph

Uber drivers team up in gangs to force higher prices before they pick up passengers, research has revealed. Researchers at the University of Warwick found Uber drivers in London and New York have been tricking the app into thinking there is a shortage of cars in order to raise surge prices. According to the study. drivers manipulate Uber’s algorithm […]

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‘Single-Payer’ Healthcare Isn’t Necessary — But Single Pricing Is | Forbes

‘Single-Payer’ Healthcare Isn’t Necessary — But Single Pricing Is | Forbes

Once again, our healthcare reform is mired in muck. That means we’re also knee-deep and grinding away at our circular healthcare debate, but it’s really a big distraction because it’s the wrong debate. We keep debating the math of coverage and cost as if they’re independent of system design–and they aren’t. As Senate Majority Leader Mitch McConnell […]

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Total Wine wins legal case against state regulator The Drinks Business

Total Wine wins legal case against state regulator The Drinks Business

The Maryland-based alcohol retailer, which sells wine in 20 states and has ambitious plans to grow its estate from 162 shops now to around 200 by 2018, was given several day-license suspensions by the Alcoholic Beverages Control Commission in January for allegedly selling spirits below cost price. State regulators maintained the practise is prohibited in Massachusetts, […]

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Theater chain AMC’s stock plummets 25% as weak Hollywood box office weighs on earnings | LA Times

Theater chain AMC’s stock plummets 25% as weak Hollywood box office weighs on earnings | LA Times

AMC’s net loss included a $202.6-million impairment charge tied to an investment in cinema advertising company National CineMedia. The third quarter is expected to give little relief to theater owners, with AMC calling it “very challenging.” AMC said in a statement it expects to achieve $30 million in “cost savings and revenue enhancements” through the […]

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powerlines

Homeowners could see Hydro-Québec rates jump by up to $2.95 a month | Montreal Gazette

On a conference call with reporters, David Murray, the president of Hydro-Québec Distribution, said the increase is below the rate of inflation and hydro rates will remain the lowest in North America. Consumers in Toronto pay more than twice as much as Montrealers for electricity, while New Yorkers pay more than four times as much, […]

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Bhopal: Not GST, dynamic pricing pain in the neck, say air travellers | Free Press Journal

Bhopal: Not GST, dynamic pricing pain in the neck, say air travellers | Free Press Journal

Bhopal: Business class passengers travelling to Delhi, Mumbai or Lucknow from Bhopal by air will have to shell out more money for their tickets after the implementation of Goods and Services Tax (GST). However, economy class travel has become cheaper. However, air passengers say it is not the GST but dynamic pricing that is the […]

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Humm Kombucha CEO Talks Conventional Path to Mainstream Success [Video] | BevNET.com

Humm Kombucha CEO Talks Conventional Path to Mainstream Success [Video] | BevNET.com

Watch this video for Danek’s full presentation, which also includes a detailed look at Humm’s innovative sampling program and pricing strategy and an analysis of why DSD distribution was critical to the brand’s growth in mainstream retail channels. Danek also discussed Humm’s partnership with the NFL’s Seattle Seahawks and what’s next for the company following […]

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Events platform Hapz raises $500,000 seed funding | Tech in Asia

Events platform Hapz raises $500,000 seed funding | Tech in Asia

The company says that event goers can potentially make significant savings on tickets and admission fees using its service, as compared to buying them from outlets where prices are set. Its platform allows users to put in a bid at the price that they’d be willing to pay. It’s similar to the surge pricing model […]

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Featured Content and Events

Certification: Certified Pricing Professional (CPP)

Certification: Certified Pricing Professional (CPP)

The Certified Pricing Professional (CPP) designation is the standard for advanced knowledge and expertise in the field of Pricing. Since 2003, over 900 individuals have taken courses in pricing through Professional Pricing Society and pass their exam to earn the CPP designation. The CPP indicates knowledge and skill in pricing across industries. We also offer the industry standard professional pricing certification via and live Workshops hosted during our conferences around the world. We can help you develop a personal pricing education roadmap to give you the exact tools your need based on your industry and professional background.

 

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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

 


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

“This thing called ‘price’ is really, really important. I still think that a lot of people under-think it through. You have a lot of companies that start and the only difference between the ones that succeed and fail is that one figured out how to make money, because they were deep-in thinking through the revenue, price, and business model. I think that’s under-attended to generally.”

     – Steve Ballmer

 

Pricing Resources

Pricer’s Points Blog Series

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.

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