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Pricing News Daily > 9/19/18

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

State warned against pharmacy middlemen’s Whack-a-Mole | Record Courier

State warned against pharmacy middlemen’s Whack-a-Mole | Record Courier

As Ohio seeks to reduce costs and bring more transparency to Medicaid’s $3 billion-plus prescription drug program, experts warn: Don’t solve one problem by creating others. Pharmacy benefits managers, who are the middlemen in the process of pricing and paying for prescription drugs through various insurance programs, are the focus of the state’s attention. “They […]

 

AI Setting A New Battlefield For Indian E commerce-Harshita Agrawal | BW Businessworld

AI Setting A New Battlefield For Indian E commerce-Harshita Agrawal | BW Businessworld

How AI will facilitate future growth of etailers: Currently, we see basic applications of AI in Indian e-commerce space. However, etailers need to take it to the next level to counter the competition from Amazon, allegedly their biggest rival. They can take inspiration from the developed markets, but the key will be to give global […]

 

MediXall.com Announces Expansion into Prescription Discounts with Upcoming Launch of MediXallRx | NASDAQ

MediXall.com Announces Expansion into Prescription Discounts with Upcoming Launch of MediXallRx | NASDAQ

Fort Lauderdale, FL, Sept. 13, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — MediXall Group Inc., (OTCQB:MDXL), creator of MediXall.com, a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs, is pleased to announce that it has entered into […]

 

Best Practices to Improve Your Truckload Service and Price | Logistics Viewpoints

Best Practices to Improve Your Truckload Service and Price | Logistics Viewpoints

While shippers face the difficult market conditions of tight capacity and increased consumer demands, they are also being challenged to find transportation cost savings and improve customer satisfaction. As shippers compete for capacity, many are asking what they could be doing to secure the best truckload performance and rates. Why do some shippers receive better […]

 

Bitcoin: Widespread Adoption Could Drive Prices Much Higher | Seeking Alpha

Bitcoin: Widespread Adoption Could Drive Prices Much Higher | Seeking Alpha

Bitcoin’s Path To Widespread Adoption The world is a big place, unfortunately there are not that many Bitcoin (BTC-USD) to go around. Last winter we saw a prelude to what can happen when people in mass want to acquire Bitcoin, the price skyrockets. However, since then Bitcoin’s price has corrected by approximately 70%, and now […]

 

As opioid crisis rages, cost of overdose antidote spikes | WYMT

As opioid crisis rages, cost of overdose antidote spikes | WYMT

As the opioid epidemic continues to kill tens of thousands of Americans each year, the drug naloxone has proved invaluable in preventing overdose-related deaths. Yet a spike in its cost in recent years has constrained access to naloxone, potentially depriving health care professionals, emergency responders and families of a critical treatment than can save lives. […]

 

Analyst: Pricing power could help Apple combat the cost of tariffs | CNBC

Analyst: Pricing power could help Apple combat the cost of tariffs | CNBC

Apple’s brand power can help the technology giant cope with some of the pain of the trade war, D.A. Davidson senior research analyst Tom Forte told CNBC on Friday. “To the extent that the tariffs increase the price of their products to consumers … I would argue they could offset that to the extent they’ve […]

 

RIP: Subway’s $5 foot-long sandwich deal is no more | The Washington Post

RIP: Subway’s $5 foot-long sandwich deal is no more | The Washington Post

Fast-forward to today: The $5 foot-long as the world knows it is no more. In an interview with USA Today, Subway CEO Trevor Haynes revealed that the company will no longer require franchisees to run the special. In recent years, the promotion had become a contentious point among store owners, some of whom felt the deal did […]

 

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…

 

 

“Consumers rarely respond to the lower prices enough to offset lower margins.”

     – KURT JETTA

 

 

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