Pricing News Daily > 9/5/18

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:

 

Vistaar

Vistaar is leading SaaS software provider that enables companies to optimize pricing, promotion, configuration, and rebate management.  Our solutions are powered by predictive models leveraged by machine learning that deliver profitable growth and maximize shareholder value.  Our world-class customer base spans a broad range of industries throughout the Global 2000 and includes: manufacturing, beverage alcohol, retailers, and many others.

 

 

Headlines

Robert Morris Debuts Flagship Price Matching | Inside Highered

Robert Morris Debuts Flagship Price Matching | Inside Highered

Robert Morris University announced a new scholarship program Monday tying expenses including tuition, fees, room and board to the average cost of attendance at Pennsylvania’s flagship public universities — and undercutting their average price. The program will be available for students admitted to the main campuses of the University of Pittsburgh or Penn State and […]

 

Costco of Power Supply: Energy Retailer Promises Wholesale Rates | Canstar Blue

Costco of Power Supply: Energy Retailer Promises Wholesale Rates | Canstar Blue

One of Australia’s smallest energy retailers has launched what it calls the country’s “most transparent” power plan, with customers given access to Costco-style wholesale rates. Energy Locals, which currently operates in New South Wales, the ACT and south east Queensland, has revealed a new membership-based offer that’s designed to challenge the dominance of AGL, Origin […]

 

Petrol, diesel hit new high | The Hans India

Petrol, diesel hit new high | The Hans India

New Delhi/Amaravati/Hyderabad: Prices of petrol and diesel, already at unprecedented levels in the country, rose for the ninth consecutive day on Monday. In the national capital, petrol was sold at Rs 79.15 per litre, up from Rs 78.84 on Sunday. In Vijayawada too, there has been a steep increase in the prices of diesel and […]

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Honda Capped Price Servicing – Cost, Schedule & Info | CarsGuide

Honda Capped Price Servicing – Cost, Schedule & Info | CarsGuide

Honda offers a capped price servicing program for all of its current models, with the company’s Australian arm labelling it Honda Tailored Servicing. According to Honda Australia, “We want to make sure that Honda servicing is tailored to your needs”, and “that means guiding you through how much it costs to maintain your vehicle”. So, […]

 

Renewables better than a big stick at cutting power prices | afr.com

Renewables better than a big stick at cutting power prices | afr.com

The clean energy lobby has warned the new federal energy minister Angus Taylor not to take wind and solar energy for granted because they are putting more downward pressure on wholesale electricity prices than the government’s market interventions. Kane Thornton, chief executive of the Clean Energy Council, said Australia would face scrutiny at the COPS24 […]

 

Sorry, SeaWorld: I was wrong. Attendance is up, free beer is a win, and Rudolph will be back in December | Orlando Weekly

Sorry, SeaWorld: I was wrong. Attendance is up, free beer is a win, and Rudolph will be back in December | Orlando Weekly

Furthermore, last month’s quarterly report revealed nearly 5 percent gains in SeaWorld Entertainment’s revenue and attendance, resulting in a surge for the company’s stock (which is likely little comfort to the 125 employees who were laid off). Interim CEO John T. Reilly credited “strategic pricing strategies, new marketing and communications initiatives, and the positive reception […]

 

How petrol, diesel prices are fixed and why they change every day | Business Today

How petrol, diesel prices are fixed and why they change every day | Business Today

Fuel prices in the country are again at an all-time high today. A litre of petrol in Mumbai will cost the buyer Rs 86.72, while it is Rs 79.31 in Delhi, Rs 82.22 in Kolkata and Rs 82.41 in Chennai. Diesel, on the other hand, is being sold at Rs 71.34 in Delhi, Rs 74.19 […]

 

Government decides not to introduce ceiling price for airfares | New Straits Times

Government decides not to introduce ceiling price for airfares | New Straits Times

KUALA LUMPUR: The government has decided not to introduce ceiling price for airfares as it will bring detrimental effect to consumers in the long run. Transport Minister Anthony Loke Siew Fook said a study undertaken by the Malaysian Aviation Commission (Mavcom) has shown one-way domestic airfares has been on the decline over the past few […]

 

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…

 

 

“Anyone can sell a Mercedes for the price of a Hyundai.”

– Larry Best

 

 

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