Pricing News Daily > 9/7/18

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

As the price of software robots drops, HR’s interest rises | TechTarget

As the price of software robots drops, HR’s interest rises | TechTarget

Software robot costs are declining But there are now more vendors providing RPA products, and it’s driving down costs, Liebross said. A project that once might have cost millions of dollars to deploy can now be done for tens of thousands of dollars, making the ROI easier to achieve, he said. The cost of software […]

 

Google Local Service Ads Display Pricing Estimates for Specific Locations | TheSEMPost

Google Local Service Ads Display Pricing Estimates for Specific Locations | TheSEMPost

This is a great feature for searchers because there’s often the huge price or install differences between for the same service being done in one location over another. Homewyse appears to be supplying the estimate data for the specific jobs in locations. And it is getting as specific as what a job costs in a […]

 

Alnylam gets EU nod for Onpattro amid pricing backlash | PMLiVE

Alnylam gets EU nod for Onpattro amid pricing backlash | PMLiVE

Alnylam’s gene-silencing drug Onpattro has been approved for the rare disorder hereditary transthyretin-mediated (hATTR) amyloidosis in Europe – but celebrations will be muted by ongoing debate about its price. The  EMA has cleared Onpattro (patisiran) – the first RNA interference drug approved in the EU – for adult hATTR amyloidosis patients with stage 1 or 2 […]

New Mini comes with unusual pricing strategy | Malay Mail

New Mini comes with unusual pricing strategy | Malay Mail

LONDON, Sept 6 — Mini has just announced a brand new entry level trim for its 2019 Hardtop model that’s unashamedly aimed at a youthful audience. The new Oxford Edition will be the most affordable version of the Mini available to buyers in the United States, which all sounds very good. However, there is a […]

 

Why there’s no surprise hospital bill backlash — yet | Axios

Why there’s no surprise hospital bill backlash — yet | Axios

Investigative projects from Kaiser Health News/NPR and Vox have exposed pernicious billing practices from hospitals and doctors that have left patients shocked, angered and exasperated. The bottom line: Hospitals have taken PR hits with the airing of surprise bills, but nothing suggests their practices will change in the short term. Driving the news: The $109,000 […]

 

New Dynamic Pricing Parking Meters Around West 7th In Fort Worth | CBS DFW

New Dynamic Pricing Parking Meters Around West 7th In Fort Worth | CBS DFW

Officials hope the new dynamic pricing meters will make it easier to find a parking space at peak times, even if it costs more. For the first time Fort Worth will experiment with changing rates that are based on demand; ranging from 25-cents up to a potential high of $4.50 an hour. It’s the city’s […]

 

Toll hits $46.75 on I-66 lanes inside the Beltway | The Washington Post

Toll hits $46.75 on I-66 lanes inside the Beltway | The Washington Post

The toll for a solo driv­er along the In­ter­state 66 cor­ri­dor hit $46.75 dur­ing the Wednes­day morn­ing rush, ap­proach­ing a record high. Snapshot of toll price on Wednesday. (Hedgpeth, Dana) On Feb. 28, the toll along the east­bound stretch of I-66 hit $47.50. The tolls are paid by driv­ers who choose to ride alone and […]

 

New Argus price to bring transparency to growing US crude export markets | Hellenic Shipping News Worldwide

New Argus price to bring transparency to growing US crude export markets | Hellenic Shipping News Worldwide

“The US export market has needed an independent source of pricing to value light sweet crude exports,” Argus Media chairman and chief executive Adrian Binks said. “The new Argus WTI fob Houston price provides that solution for the oil trading community.” The new price will introduce transparency to the export market for light sweet crude. […]

 

No let-up in used-car strength for ‘quite some time’ | Auto Remarketing

No let-up in used-car strength for ‘quite some time’ | Auto Remarketing

It’s not just the sales rate that is climbing. As Chesbrough noted during the call, used-vehicle prices “have really taken off over the course of the summer,” amid the chatter from President Trump about potential import vehicle tariffs. “A lot of dealers around the country, we think, are trying to acquire some inventory on used […]

 

 

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…

 

 

“Never, ever suggest they don’t have to pay you. What they pay for, they’ll value. What they get for free, they’ll take for granted, and then demand as a right. Hold them up for all the market will bear.”

– Lois McMaster Bujold

 

 

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