OnDemand WTP Pricing Research

Pricing News Daily > 9/25/18

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:value innoruption final 0612 rev

 

Value Innoruption Advisors

Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, marketing, pricing, and sales. Value Innoruption Advisors offers two popular value and pricing management certification programs – Customer Value Modelers™ (CVM™) and Change Agent in Pricing™ (CAP™).

Click a link below to learn more…

 

 

Headlines

Crypto Prices Mixed as ASIC Steps Up Scrutiny on “Misleading” ICOs | Investing.com

Crypto Prices Mixed as ASIC Steps Up Scrutiny on “Misleading” ICOs | Investing.com

Investing.com – Cryptocurrency prices were mixed on Thursday as the Australian Securities & Investments Commission (ASIC) said in a statement that it is stepping up scrutiny on “misleading” initial coin offerings (ICOs). Bitcoin traded 0.7% higher to $6,400 at 11:39PM ET (03:39 GMT) on the Bitifinex exchange. Ethereum fell 1.6% to $210.41 in the previous 24 hours. XRP slid […]

 

The Toronto Star Went ‘Undercover’ to Investigate Ticketmaster, But Did They Find Anything New? | Amplify

The Toronto Star Went ‘Undercover’ to Investigate Ticketmaster, But Did They Find Anything New? | Amplify

The Toronto Star has been hammering Ticketmaster this week in a series of investigative reports with the CBC on ticket pricing and Ticketmaster’s relationship with the secondary market. The report has some new information about how the company prices concert tickets, narrowing in on two Bruno Mars concerts at Scotiabank Centre this weekend, showing how […]

 

Tariffs: What they mean for your pricing strategy | Canadian Manufacturing

Tariffs: What they mean for your pricing strategy | Canadian Manufacturing

While there is great uncertainty at this stage as to what, how large, and where tariffs will be imposed, one thing is certain: price adjustments will likely result. To make pricing changes that best respond to this new environment, you need to take into account four factors: 1. Impact on Costs As a first step, […]

 

Airbnb promises more transparency on prices, conditions | The Brussels Times

Airbnb promises more transparency on prices, conditions | The Brussels Times

The online platform Airbnb plans to improve the way it presents rental prices for the rooms and homes it advertises,as well as their conditions of use, in keeping with European consumer laws, the European Commission said. The Commission, which had already rapped the U.S. business on its fingers in July, said Airbnb had until the […]

 

Airlines make big money by making you miserable | Minnesota Public Radio News

Airlines make big money by making you miserable | Minnesota Public Radio News

The airlines continue to market the fees by heralding the “choice” that passengers have. “It really amounts to being able to allow a booking to happen and then offer amenities that customers want and want to pay for as we go forward,” American Airlines president Robert Isom said yesterday. Eventually, the legacy carriers will charge […]

 

BCD Travel forecasts global price rises | Buying Business Travel

BCD Travel forecasts global price rises | Buying Business Travel

B CD Travel says it expects global hotel rates and air fares to increase in 2019, with demand driving trends across the globe. The TMC’s 2019 Industry Forecast provides price projections, which it says helps travel buyers prepare for supplier negotiations and budgeting for the year ahead. The report was previously published by BCD Travel’s […]

 

Hong Kong airfares tipped to rise as airlines regain right to add fuel surcharges to ticket prices | South China Morning Post

Hong Kong airfares tipped to rise as airlines regain right to add fuel surcharges to ticket prices | South China Morning Post

With the deregulation of fuel surcharges, long-haul fares are expected to increase by several hundred dollars with crude oil closing in on US$80 a barrel. The last time oil was around that price four years ago, airlines slapped an extra HK$623 (US$79.80) on long-haul ticket prices and HK$143 for regional trips. Announcing the changes on […]

Tags: ,

 

Nvidia’s Turing pricing strategy has been ‘poorly received,’ says Instinet | MarketWatch

Nvidia’s Turing pricing strategy has been ‘poorly received,’ says Instinet | MarketWatch

Shah said that the 2080 TI offers roughly 20% better performance than the 1080 TI, but “it’s a tough sell” to say that the performance boost warrants a price increase of more than 60%. “Nvidia’s pricing strategy remains poorly received by users,” he added. Shah maintained a neutral rating and $250 price target on Nvidia’s […]

Tags: ,,

 

 

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…

 

 

“Pricing is the moment of truth – all of marketing strategy comes to focus on the pricing decision.”

     – Raymond Corey

 

 

Posted in: Pricing News Daily