Pricing News Daily > 9/14/18

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.

Click a link below to learn more…

 

 

Headlines

Fuel prices continue northward march, climb to new highs | Business Standard News

Fuel prices continue northward march, climb to new highs | Business Standard News

Elsewhere, petrol prices on Tuesday breached the psychological barrier of Rs 90 and touched a scorching Rs 90.11 in Maharashtra’s Parbhani – a new record in India. Similarly, diesel prices rose in Delhi and Kolkata to Rs 72.97 and Rs 75.82 per litre respectively, while it climbed to Rs 77.13 and Rs 77.47 per litre […]

 

Alumina pricing continue to surge as tensions mount in supply chain | Steel Guru

Alumina pricing continue to surge as tensions mount in supply chain | Steel Guru

Mr Andy Home wrote in Reuters that the CME cash contract, indexed against Platts’ assessment of the Australian price, is currently quoted at USD 626 per tonne, just shy of the record USD 643 seen at the start of May. Also in China, spot prices are at their highest since December last year. A walk-out […]

 

Hospitals sue to require drug pricing transparency in 340B | Healthcare Dive

Hospitals sue to require drug pricing transparency in 340B | Healthcare Dive

Dive Brief: Four industry associations sued HHS for the second time over its delay in adding regulations to the 340B Drug Pricing Program that would require pricing transparency for drug manufacturers and penalties for overcharging hospitals covered under the program. Filed by the American Hospital Association, the Association of American Medical Colleges, America’s Essential Hospitals and 340B […]

 

Forcing NJ Universities to Come Clean on All their Hidden Fees | NJ Spotlight

Forcing NJ Universities to Come Clean on All their Hidden Fees | NJ Spotlight

The cost of tuition at colleges and universities in the state is one thing. But many students are blindsided by extra ‘hidden’ fees and legislators are pushing for transparency College costs can be formidable, and families often get sticker shock when they realize they haven’t accounted for the many fees a school can apply. With […]

 

Are You Being Intelligent About Your Pricing? | Industrial Distribution

Are You Being Intelligent About Your Pricing? | Industrial Distribution

In today’s age of e-commerce, consumer-like buying behavior is increasingly seeping into B2B procurement. Buyers are constantly vetting their options – making sure they are getting the best price, at the best time, on the best products. It’s a reality that makes it important for distributors not only to know what their competitors are carrying, […]

 

The New Nonprofit Pharmaceutical World: What’s Up with That? | Nonprofit Quarterly

The New Nonprofit Pharmaceutical World: What’s Up with That? | Nonprofit Quarterly

Civica Rx, a new nonprofit drug company based in Utah, is partnering with seven of the largest US hospital systems: Intermountain Healthcare, Catholic Health Initiatives, HCA Healthcare, Mayo Clinic, Providence St. Joseph Health, SSM Health, and Trinity Health. The coalition is investing in Civica’s ability to find creative solutions to tackle the devastating effects of […]

 

Tickets for the Blazers’ Season Opener Against LeBron James’ Lakers Are Crazy Expensive | Willamette Week

Tickets for the Blazers’ Season Opener Against LeBron James’ Lakers Are Crazy Expensive | Willamette Week

The second-most expensive ticket for a non-Lakers game is against the reigning champion Golden State Warriors, on Dec. 29, are between $62-$431. For comparison, the Blazers’ second home game, against the returning LaMarcus Aldridge and the San Antonio Spurs, are $23 for the cheapest seats. The high prices for opening night are effectively the result […]

 

Massive storage, big screen, sleek design and more: Apple’s new range of iPhones for every user | The Economic Times

Massive storage, big screen, sleek design and more: Apple’s new range of iPhones for every user | The Economic Times

In past years, when Apple Inc. didn’t have a new iPhone design, it still had a breakthrough new feature: video recording in 2009, the Siri digital assistant in 2011, a fingerprint scanner in 2013, and 3D Touch in 2015. This year, Apple’s secret weapon isn’t a particular feature, but a clever pricing strategy and myriad […]

 

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 can determine the strength of a business over time by the amount of agony they go through in raising prices.”

     – Warren Buffett

 

 

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