Pricing News Daily > 9/11/18

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:

PPS Logo

 

 

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

Airlines seek ‘less transparency’ on price | Travel Weekly

Airlines seek ‘less transparency’ on price | Travel Weekly

Responding to testimony from airline association Iata, de Blust said: “Iata says the GDSs constitute a bottleneck. But then how could the Lufthansa Group add a distribution cost charge of €16 to its fares and it seems this didn’t affect Lufthansa sales – or, at least, it didn’t affect Lufthansa sales in those markets in […]

 

Cryptocurrencies bleed money as prices tumble by 25%, bitcoin below $6,500 | Money Control

Cryptocurrencies bleed money as prices tumble by 25%, bitcoin below $6,500 | Money Control

Major cryptocurrencies, including bitcoin, tumbled as much as 25 percent in late trade on Wednesday and continued to slide further in early trade on Thursday. In effect, many of the currencies touched their year lows in the last 20 hours. Bitcoin was down by about USD 1,000 in last 24 hours dropping below USD 6500-level, […]

 

U.S. Steel Workers Seek Payout From Trade War as Prices Rise | Bloomberg

U.S. Steel Workers Seek Payout From Trade War as Prices Rise | Bloomberg

Labor contracts with U.S. Steel Corp. and ArcelorMittal expired Sept. 1, but workers remain on the job as negotiations over wage increases continue. On Tuesday, U.S. Steel posted on its website a proposed six-year contract, offering workers guaranteed annual wage increases and a $15,000 pre-tax cash payment, including a minimum profit-sharing of $6,000 for the […]

 

Better Population Health Begins with Price Transparency | Medecision

Better Population Health Begins with Price Transparency | Medecision

Addressing the growing prevalence of chronic illness and continually rising costs in today’s U.S. health system isn’t easy. Fortunately, population health initiatives that aim to improve care quality while driving down the cost of care are changing the outlook. One increasingly urgent concern and key challenge that needs to be addressed is price transparency. Whether […]

 

The End Of The Oil Price Rally | OilPrice.com

The End Of The Oil Price Rally | OilPrice.com

Oil prices slipped this week as unexpected builds in gasoline inventories due to a drop in demand with driving season coming to an end. … Oil prices are set for their largest weekly loss since July, due to fears of emerging market contagion and some bearish data from the EIA. Mixed EIA report, oil prices […]

 

Rush to end drug rebates may be bad for patients, payers, and pharma | STAT

Rush to end drug rebates may be bad for patients, payers, and pharma | STAT

In a recent interview with Reuters, Azar said that the “question of rebates may very well be fundamental to the issue of how you reverse these constant incentives to higher list prices” for medicines. He believes that, because health plans and pharmacy benefit managers profit by keeping some of the rebates, they are happy to […]

 

Airlines raise baggage, change and seating fees as fuel prices surge | CNBC

Airlines raise baggage, change and seating fees as fuel prices surge | CNBC

Blankets, checked luggage, seat assignments, early boarding, Wi-Fi. Is there anything else airlines can charge passengers for? U.S. carriers began charging passengers to check their luggage about a decade ago, as fuel costs surged. Since then airlines started charging for other things, such as seat selection, which once came with the cost of a ticket, […]

 

Fort Collins will go to mandatory ‘time-of-day pricing’ for utilities next month | Denver7

Fort Collins will go to mandatory ‘time-of-day pricing’ for utilities next month | Denver7

FORT COLLINS, Colo. — Should what time of day you run your air conditioning or do a load of laundry impact the price? The city of Fort Collins thinks so. Starting next month, the city will go to a mandatory “time-of-day pricing” for city-run electricity. Think of it like the Uber for public utilities. Similar to […]

 

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…

 

 

“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

 

 

Posted in: Pricing News Daily