Pricing News Daily > 9/15/17

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

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

It’s a longstanding debate that’s reemerged during Hurricanes Irma and Harvey: During a time of crisis, should merchants raise or maintain prices when demand increases for essential products such as water, gas, and bread? Now, due to the influence of social media, a new alternative is emerging: Why not lower prices during these critical times? Economists usually […]

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Massive jump in petrol rates after dynamic pricing – Decoding the price rise | Zee News

Massive jump in petrol rates after dynamic pricing – Decoding the price rise | Zee News

New Delhi: The Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since 2014, official data has showed. Petrol price was hiked by 8 paise a litre and diesel by 10 paise per litre, applicable from 6 a.m. on […]

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Amazon could be contributing to consumer dissatisfaction | Ragtrader

Amazon could be contributing to consumer dissatisfaction | Ragtrader

Consumer sentiment continues to drift downwards while retail spending growth has picked up over the same time period, according to the latest Deloitte Access Economics Retail Forecasts report. The report revealed that retail pricing continued to struggle in the face of improved volumes. Retail price growth was minimal, notching an increase of 1.0% over the […]

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Change in Whole Foods’ Pricing Strategy Starts to Impact Grocers | Market Realist

Change in Whole Foods’ Pricing Strategy Starts to Impact Grocers | Market Realist

How Amazon is threatening grocers Amazon (AMZN) announced the acquisition of premium organic and natural food retailer Whole Foods Market on June 16, 2017. The deal sent tremors across the food retail sector on fears that Amazon would end up disrupting the grocery business in the same way it has dislocated books and electronics. The […]

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How to make personalized pricing work | Business Today

How to make personalized pricing work | Business Today

With so much benefit for the consumers why is there so much consumer and regulatory backlash against the new-age companies for their pricing strategies? It is to do with the lack of trust. In the process of haggling the consumers are involved in the price formation process face-to-face and settle at what both sides agree […]

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How Disney Could Price Its ESPN and Disney-Branded Streaming Services | Market Realist

How Disney Could Price Its ESPN and Disney-Branded Streaming Services | Market Realist

Pricing of Disney’s streaming services According to an August 21 FierceCable report, The Walt Disney Company (DIS) could price its Disney-branded streaming service at $5 per month. In this report, MoffettNathanson analyst Michael Nathanson stated that the service could be set at this price point to encourage wider adoption. On August 8, Disney was asked about its […]

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How supermarkets use particle physics to save thousands of tonnes of food waste | The Independent

How supermarkets use particle physics to save thousands of tonnes of food waste | The Independent

Blue Yonder’s algorithm breaks down decisions to the finest grain possible, the Professor says, so that supermarkets can cut waste while also ensuring they don’t run out of stock. However, there is always a trade-off between the two and ultimately the supermarket makes the final decision. Blue Yonder can also change the prices of items […]

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Passengers decry withdrawal of telescopic fares by railways | The Hindu

Passengers decry withdrawal of telescopic fares by railways | The Hindu

Indian Railways has, of late, been surreptitiously fleecing the common man through innovative methods. Starting with Tatkal, followed by Suvidha specials and dynamic pricing, where the fares charged are unreasonably high, the latest seems to be doing away with telescopic fares, says Oruganti Srinivas, an advocate and resident of TPT Colony. Suvidha specials and trains […]

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Featured Content and Events

Certification: Certified Pricing Professional (CPP)

Certification: Certified Pricing Professional (CPP)

The Certified Pricing Professional (CPP) designation is the standard for advanced knowledge and expertise in the field of Pricing. Since 2003, over 900 individuals have taken courses in pricing through Professional Pricing Society and pass their exam to earn the CPP designation. The CPP indicates knowledge and skill in pricing across industries. We also offer the industry standard professional pricing certification via and live Workshops hosted during our conferences around the world. We can help you develop a personal pricing education roadmap to give you the exact tools your need based on your industry and professional background.

 

Conference: 28th Annual Fall Pricing Workshops & Conference | PPS

Conference: 28th Annual Fall Pricing Workshops & Conference | PPS

Date: October 24-27, 2017

Location: Hilton San Diego Bayfront in San Diego, California

Hear from our President, Kevin Mitchell, give insight on the conferences we offer.  Please make plans to join us and well over 500 of your peers for the best event anywhere as we discuss Data, Change Management and the Profit Landscape. Don’t miss out on the Early Bird Discount (Buy 2 Get 1 Free). It expires September 15th!

CONFERENCE HIGHLIGHTS

  • 12 Certified Pricing Professional Workshops
  • 4 Breakout Tracks
  • Over 40 Speakers
  • 2 Full Conference Days
  • Over 100 Hours of Networking

 

DigitalPricingSummit_300x250

Conference: Digital Pricing Summit | IQPC

Pricing transformation through digital disruption.

DIGITAL TRANSFORMATION AND E-COMMERCE | DIGITAL PRICING STRATEGIES FOR B2C | E-COMMERCE PRICING IN THE B2B CONTEXT | VALUE CREATION AND CHANNEL MANAGEMENT | DIGITAL SUBSCRIPTIONS AND PAYMENTS | REVENUE MANAGEMENT & COMMERCIAL EXCELLENCE

  • Understand how digitalisation and online services are changing the future of commerce
  • Develop superior pricing strategies in the highly competitive B2C space
  • Explore how digital transformation and ecommerce are interdependent in the B2B context
  • Value creation, communication, managing partners and channel conflict
  • Leverage margin enhancement in digital subscriptions and leveraging digital payment platforms
  • Identify revenue management and commercial strategies for pricing excellence
  • Learn about setting up ecommerce platforms, subscriptions, data analytics and applications for pricing excellence.


The following is a daily-dose of pricing cartoons and quotes, enjoy…

“You can determine the strength of a business over time by the amount of agony they go through in raising prices.”

     – Warren Buffett

 


 

Pricer’s Points Blog Series

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.

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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.

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