Pricing News Daily > 9/27/18

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

Newly proposed Albania PPP raises concerns over transparency, oil price hike | Tirana Times

Newly proposed Albania PPP raises concerns over transparency, oil price hike | Tirana Times

Fuel prices rising Albania’s fuel prices have registered a hike this year, fuelled by a rise in international prices, lower domestic refining and an increase in the tax burden. Diesel and petrol in Albania currently trade at 180 lek (€1.42)/liter, reflecting international oil prices hitting a three and a half-year high of $80 a barrel, […]

 

AP: For Each Drug Price Cut, There Were 96 Price Hikes This Year So Far | AJMC

AP: For Each Drug Price Cut, There Were 96 Price Hikes This Year So Far | AJMC

Over the first 7 months of 2018, there were 96 price hikes for every price cut, an Associated Press (AP) analysis reported, although there were fewer and smaller price hikes than in years past. The AP analyzed 26,176 list price changes for brand-name prescription drugs from January 1 through July 31 in the years 2015 […]

 

Diabetic runs 142 miles to protest cost of insulin: Valley Views | Cleveland

Diabetic runs 142 miles to protest cost of insulin: Valley Views | Cleveland

He said several states have passed drug price transparency laws, and he plans to make it his legislative priority if he wins a seat in November. “I’m calling this little trek the road to affordable health care,” he recently told members of the Geauga County Democratic Party. Kennedy will carry hundreds of Ohio citizen signatures […]

 

Lawmakers Deny Proposal to Require Drug Pricing in Television Ads | Pharmacy Times

Lawmakers Deny Proposal to Require Drug Pricing in Television Ads | Pharmacy Times

Industry officials did indeed take issue with the amendment; the Pharmaceutical Research and Manufacturers of America (PhRMA) spoke out against the proposal in its July comments to HHS on the administration’s drug pricing blueprint, saying “FDA should not pursue any required disclose of list prices in direct-to-consumer pharmaceutical advertising. Such a requirement could confuse patients since […]

 

Predictive Analytics: Optimizing Pricing And Promotions In E-Commerce Means Combining Tools | Retail TouchPoints

Predictive Analytics: Optimizing Pricing And Promotions In E-Commerce Means Combining Tools | Retail TouchPoints

Most retailers are already engaged in data analytics and predictive modeling. Today, using data to predict more successful outcomes — ultimately leading to increased sales — is not as mystifying a concept as it was even a year ago. But with a market being upended by an omnichannel imperative and consumer demand for instant gratification, […]

 

To Include Or Not Include Drug Prices In DTC Ads | Forbes

To Include Or Not Include Drug Prices In DTC Ads | Forbes

For quite some time, consumer groups, patient advocates, and even several medical professional societies have called for direct-to-consumer (DTC) advertisements to include information on drug pricing. In June 2017 the American Medical Association put out a statement explicitly arguing in favor of inclusion of drug prices in DTC advertisements. And in late August this year, the […]

 

The Morality Of Prescription Drug Pricing In America | Forbes

The Morality Of Prescription Drug Pricing In America | Forbes

While walking through the duty-free at Dulles International Airport in Washington, D.C., I happened upon the price tag of an imported French purse. Looking around, I wondered how many travelers could afford a $2,000 handbag. At the gate, I found a seat and logged on to the internet, where I happened upon a story about […]

 

New measures protect Grab users against ‘excessive’ surge prices, but no restoring of discounts expected | Channel NewsAsia

New measures protect Grab users against ‘excessive’ surge prices, but no restoring of discounts expected | Channel NewsAsia

SINGAPORE: As part of measures imposed by the Competition and Consumer Commission of Singapore (CCCS) to level the playing field in the ride-hailing industry, Grab will now be required to maintain its pre-merger pricing algorithm. According to the CCCS, this is to protect the interests of passengers by ensuring that base fares remain at the same level as before Grab’s acquisition […]

 

Events and Resources

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…

 

 

“Perhaps the reason price is all your customers care about is because you haven’t given them anything else to care about”

     – Seth Godin

 

 

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