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Pricing News Daily > 12/11/14

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.

EditionSponsor-Wiser

This Edition is Sponsored by:

Wiser

Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most importantly, profitable. Wiser’s flagship product is WisePricer, a full-featured dynamic pricing and merchandising engine that monitors, analyzes and reprices retail products in real-time. WisePricer enables retailers to boost profit margins and revenue, price with confidence, and improve merchandising through powering the development of a sound pricing strategy. Wiser also offers a MAP monitoring solution, WiseMapper, for brands and manufacturers to monitor and protect their pricing across the thousands of retailers selling their products.

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Headlines

Merry Christmas! Gas Price Decline Is Like a Tax Cut | DailyFinance

Most Americans have received the equivalent of a significant tax cut. No, Congress did not suddenly agree to do something, and no, President Obama did not issue an executive order. (He may be able to do that on immigration, but not on taxes.) What has happened is that gas prices have unexpectedly plummeted to the […]

10 Reasons Why Discounts and Sales Are Bad for Business | Inspector Insight

This is the time for sales and promotions around the world, from the madness of Black Friday to the January Sales that promise to give us so much more for so much less. But are sales and discounting really in the interests of business and brands? The evidence is pretty clear – the answer is […]

7 cornerstones for implementing successful pricing initiatives in Singapore | Singapore Business Review

The price has more influence on a company’s profits than any other factor. Manufacturing companies, as a key pillar of Singapore’s economy with almost 25% of the GDP, were very successful in reducing costs in the past but have little experience in optimising their prices. Thus, money is left on the table in almost every […]

Price Matching – Crucial Advice for Small Business Owners | smallbiz technology

Price matching has recently become one of the best tools in business competition. I’m sure you’ve heard of it, but just in case, price matching refers to a business policy where if a customer can find a lower price at a competitor store, the business will match – and sometimes even beat – the competitor’s […]

Sephora vows to match US prices in Australian stores | Financial Review

Global cosmetics retailer Sephora has vowed to reduce the price of cosmetics and skincare in Australia, saying consumers have been paying a premium for too long. The world’s largest cosmetics retailer, which opens its first store in Australia on Friday, has committed to adopting US pricing on new brands such as Marc Jacobs Beauty, Tarte, […]

Crippling snowstorm leads to price gouging complaints | NewsChannel 9 WSYR Syracuse

Erie County (WSYR-TV) – A cease and desist letter has been sent to one business and others are being investigated for complaints of price gouging on the heels of last week’s storm near Buffalo. Businesses were warned to avoid inflating prices for emergency supplies like generators, batteries and flashlights, according to Attorney General Eric T. […]

The Cost And Value Of Drugs, Part One – Prices And Development Burdens | Forbes

Debates about how much we should pay for pharmaceuticals are unlikely to subside anytime soon. Drugs that cost tens of thousands of dollars, and some over $100,000, have become ever more common, with insurers and payment benefit managers (along with Medicaid programs) beginning to balk at paying these prices, outcomes be damned! Two recent publications […]

Let’s Talk Turkey – The Cost of Thanksgiving Dinner | EconEdLink

TASK In this lesson you will what a price index is, what it represents, and how inflation and deflation are shown through the change in the price index. You will also explain that a price index is constructed by comparing current prices of a market basket of items to the prices of the same market […]

AWS vs Google Pricing – Decoding the New AWS RI Model | Right Scale

Google vs AWS Pricing Comparison With the announcement of this new AWS RI pricing model, we’ve updated our AWS vs Google pricing comparisons. The change in AWS RIs does not affect on-demand prices, so Google continues to offer a lower cost since reducing its prices in October 2014. We compared Google Sustained Use discounts to […]

This Week in Pricing > 12/7/14

TWIP is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Wiser Wiser provides a complete suite of solutions to give retailers, brands, and manufacturers the edge to stay both competitive and most importantly, profitable. Wiser’s flagship […]

Pricer’s Points: The 5 biggest challenges in pricing in Asia | Jesper Hansson – CPP

I was part of a discussion recently about where I see the biggest current challenges in pricing in Asia and it inspired me to share my views with you in this blog. When it comes to developing powerful pricing strategies and well-oiled pricing departments, Asia is still behind both North America and Europe. There is […]

Discussion: Prices on your website – a good idea?

The pros of displaying your prices By stating your price upfront you’re eliminating obstacles – not only for your customer (they won’t have to call or email to find out what you charge), but also for yourself. Liaising, negotiating and quoting for jobs can chew up a huge amount of time, and at some point […]

 

Events and Resources

Conference: Strategic Pricing Conference | SPA

When: January 15-16, 2015 Where: Ft. Lauderdale, FL at the Ritz Carlton

Learn how leading manufacturing and distribution executives have unlocked the keys to faster growth, stronger customer relationships, and market-leading profitability with SPA’s proven strategic pricing processes and technology. Event Overview Equal parts strategy and practical tactics, this complimentary Strategic Pricing Executive Overview event at the Ritz […]

Seminar: The Value-based Pricing of Innovation | Stage-Gate International

When: April 14-15, 2015

Where: Washington DC

Early Bird Price: $1495 US

Are you capturing the value of your innovation? Firms are pouring billions in innovation investments every year with the goal of creating differentiation and competitive products and services. Many, however, forget two critical elements in the innovation management process: the clear definition and measurement of […]

Conference: Manufacturing Pricing Excellence – Barcelona 2015

When: May 20-22, 2015

Where: Barcelona, Spain

Event Overview On behalf of Copperberg and the entire Pricing competence team I am delighted to announce our 3rd Annual Manufacturing Pricing Excellence conference scheduled for 20-22nd of May 2015 in Barcelona, Spain. Since our last edition in Amsterdam, together with our advisory board and delegate network we have been […]

Pricing Resources

The source for valuable pricing resources including: academic programs, articles, blogs, books, cartoons, certifications, papers, quotes, reports, training, and videos.

Pricer’s Points

The “Pricer’s Points“ 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

The “Top Discussions“ blog series offers a collection of top pricing related conversations on LinkedIn or in the comments section of pricing related blogs and articles.

Pricing Experts

The source for pricing strategy expert vendor related information and resources.

Pricing Tech

The source for pricing technology vendor related information and resources.

Pricing News LinkedIn Group

Join 1,000’s 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.

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