Pricing News Daily > 9/6/17

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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Strategic Pricing Solutions

Strategic Pricing Solutions, LLC (SPS) is a management consulting firm helping clients with pricing strategies, data analytics, and pricing processes. SPS was formed by Scott Francis in 2005 with a vision of enabling B2B clients to build sustainable strategic pricing capability to significantly improve their profitability. By providing flexibility in how we serve our customers, SPS consulting enables clients to build sustainable strategic pricing capability and continuous improvement in profitability through better pricing decisions.

Click a link below to learn more…

 


 

Headlines

Congressmen Say Pricing for Multiple Sclerosis Drugs Doesn’t Add Up | Bloomberg BNA

Congressmen Say Pricing for Multiple Sclerosis Drugs Doesn’t Add Up | Bloomberg BNA

Manufacturers of multiple sclerosis drugs may be raising prices for the costly treatments in lockstep with each other, two Congressional Democrats said. Rep. Elijah E. Cummings (D-Md.), ranking member of the House Committee on Oversight and Government Reform, and Rep. Peter Welch, (D-Vt.), a senior Democrat on both the Oversight Committee and the Committee on […]

 

What is T-Mobile going to reveal next week? | BGR

What is T-Mobile going to reveal next week? | BGR

The network has sent out invites to its next “Un-Carrier” event, happening next Wednesday. The Un-Carrier events tend to be where T-Mobile reveals big changes to its plans, devices, or network. Previous Un-Carrier events have brought us T-Mobile Tuesdays, the One unlimited plan, and a lot of magenta onesies. Right now, there’s no logical massive […]

 

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon said it doesn’t engage in surge pricing, and denied that bottled water prices have changed recently. “We do not engage in surge pricing,” the spokeswoman said in a statement. “Amazon prices do not fluctuate by region or delivery location. Prices on bottled water from Amazon, and third-party sellers that are doing their own fulfillment […]

 

Avocados among first Whole Foods products to get cheaper | Daily Mail Online

Avocados among first Whole Foods products to get cheaper | Daily Mail Online

Avocados, bananas, eggs and organic butter are among food products that will be made cheaper at Whole Foods on Monday in the first wave of price cuts by new owner Amazon. While it’s not yet been made clear exactly how much prices will drop, health fanatics will see a reduction in their favorite grocery staples […]

 

Ford Struggles in China as Domestic Automakers Put Pricing Pressure | GuruFocus.com

Ford Struggles in China as Domestic Automakers Put Pricing Pressure | GuruFocus.com

Ford’s struggle in China continues as the company’s equity income from its two joint ventures in China dropped 34% in the second quarter of the year to $195 million. The company’s main challenge happens to be the domestic Chinese automakers that have started offering economical and competitive models using predatory pricing strategy in view of […]

 

Coke, Tatas watch out: Patanjali’s bottled water plan could create a splash | Moneycontrol.com

Coke, Tatas watch out: Patanjali’s bottled water plan could create a splash | Moneycontrol.com

Predatory pricing strategy can’t be ruled out Patanjali’s pricing strategy has been varied depending on the product category under question. While for Ghee, Patanjali enjoys a certain premium pricing with respect to other national players. In case of honey, Patanjali has resorted to predatory pricing. In case of bottled drinking water, we expect Patanjali to […]

 

Electronics Are Losing Online Advantage Very Quickly | Money Panorama

Electronics Are Losing Online Advantage Very Quickly | Money Panorama

Cost of goods of big electronic companies such as Samsung, LG, Panasonic, Sony, Motorola, Lenovo, and Xiaomi are turning out to be common all over brick-and-mortar and online stores. This has resulted in getting rid of the distinctive benefit that used to attract users to online deals. Companies such as Samsung, LG, Panasonic, and Sony […]

 

There’s no cost for getting the price right | Parkes Champion-Post

There’s no cost for getting the price right | Parkes Champion-Post

Ever wondered how the successful companies set their prices? Parkes retailers have the opportunity to attend an upcoming free Pricing Your Products Masterclass aimed at discussing the intricacies of pricing and how to develop a pricing mindset. This free class, with refreshments provided, will be held on Wednesday, September 6 from 11.30am until 2.30pm at the Hart Bar, […]

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Featured Content and Events

Book: 8 Keys to Price Optimization

Book: 8 Keys to Price Optimization

Summary: Price optimization enables companies to move beyond cost-plus pricing and determine the range of prices that could be charged for a variety of customers and products. Price optimization can increase current operating income by 1 to 4% of sales, which in many cases will translate into a 20 to 50% increase in operating income. The most sophisticated […]

 

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…

“Prices are ultimately set by value, not by the competition or supply/demand, but by value.”

– Ron Baker

 


 

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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