Few decisions impact the bottom line of a product or service more than those involving price. Price too low and a company could be leaving significant sums on the table and risk forever scarring their brand reputation according to the popular axiom that “Price Connotes Quality”. Price too high and be prepared to revise your […]
Surge pricing, which multiplies prices for passengers and earnings for drivers during periods of high demand, is another form of algorithmic management that encourages drivers to relocate to certain areas at certain times. The drivers get in-app notifications, heat maps and emails with real-time and predictive information about spikes in demand. A driver who wants […]
A new National Retail Federation (NRF) study examines what it is calling “value shoppers,” the 89% of US consumers who frequent discount retailers. With a figure that high, this behavior transcends gender, region, income and age. Compared with five years ago, 63% of respondents said they buy more items on sale now. But where are […]
Athens-founded Beat wants to dominate the ride-hail market in every major Latin American city within three years. That might be doable if it maintains its current growth and so-far successful strategy of launching suddenly, without advanced fanfare, in one major foreign city at a time. It’s a kind of spasmodic hostile takeover before others can […]
It’s been a wild year for cryptocurrency prices thus far, exemplified by the meteoric rise and subsequent crash of granddaddy Bitcoin. After cresting a high of more than $19,000 in December, Bitcoin’s price tumbled down to less than $6,300 in early February. Since then, it’s vibrated at a relatively low range while the market as […]
During 2017’s Harvey, more than half a million cars were estimated to have been flooded. “Using Katrina as an example, 200,000 units were totaled, and used-vehicle prices increased by as much as 3 percent, or $309, over the four-month period following the storm’s landfall,” Paris said. “Prices initially rise but then fall to parity,” he […]
eBay reversed an unpopular pricing policy that limited sellers who use its Markdown Manager tool. Don’t look for an announcement on the seller board, however – it was posted by an eBay moderator when sellers discussed the issue on the company’s forums on Monday. The initial policy restricted sellers when creating a markdown sale event […]
Event pricing strategy is a tricky business. Setting the right ticket price can ensure a sell out event. Conversely, if you price tickets too high or too low this can directly impact on final attendance numbers. Event pricing is a tricky balancing act that many event planners struggle with, whether it is finding the optimum […]
Still, Brittany Weissman, an analyst at Edward Jones, told Food Dive last week that the deal was good for Conagra. The company in recent years has jettisoned its private label business and frozen potato company Lamb Weston to focus on its core brands, using M&A to bulk up in areas such as snacking and frozen where it already […]
Neuner has always been very bullish and positive about Bitcoin’s future. A new rally in Bitcoin’s price could be related to an approval of a Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). In the coming months, a positive decision could be taken by the US agency. At the end of […]
Pricing 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 Advisors Founded by Dr. Stephan Liozu, Value Innoruption […]
This Week in Pricing > 10/13/18
This Week in Pricing is a collection of pricing focused news, thought leadership , events, jobs and professional education resources for pricers. 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 […]
The Need for a NexGen CPQ Solution | Pricing Matters
Price optimization to unlock ROI potential The Configure-Price-Quote (CPQ) software market growth is exploding. According to Gartner, CPQ market revenue was approximately $878 million in 2016, with a 20% CAGR expected through 2020. However, CPQ is not new, and many organizations that have invested in CPQ solutions are failing to meet expected ROI. So, what’s […]
Trump Signs Law To Lower Drug Prices, Ends Gag Orders Against Pharmacists | The Western Journal
President Donald Trump signed a law that ends insurance companies’ pharmacist gag clauses in an effort to lower drug prices Wednesday. “If there’s anything bipartisan it’s lowering drug prices,” Trump said while signing the Patients’ Right To Know Drug Prices Act according to CBS News. Currently, insurers and pharmacy benefit managers use the gag clauses to “forbid […]
Trump signs bills aimed at increasing drug price transparency | CNNPolitics
Washington (CNN) – President Donald Trump signed two pieces of legislation into law on Wednesday that aim to inform consumers about drug prices. Both measures, the Know the Lowest Price Act and the Patient Right to Know Drug Prices Act, aim to end the drug industry’s so-called gag orders of pharmacists, which prevent them from […]
Connect
Follow via RSS feed or on the following social media platforms.