OnDemand WTP Pricing Research

Pricing News Daily > 6/17/19

PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals.

This Edition is brought to you by:

Perfect Price

The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in real-time – enabling them to maximize revenues, profit, and utilization.

Its machine learning leverages proprietary data – the biggest competitive advantage–to increase average rates, utilization, and profit. Perfect Price works with forward-thinking companies in industries ranging from rental car and airline to sports clubs and gas stations.

 

Elon Musk Teases Tesla Pickup Pricing | 4x4AT Blog

Elon Musk Teases Tesla Pickup Pricing | 4x4AT Blog

Elon Musk has been making some bold claims about his upcoming all electric Tesla pickup. Elon has stated that Tesla are aiming to keep their pickup, that is set for an unveiling later this year, at under $50,000. Elon stated that “We don’t want it to be really expensive. I think it has got to […]

 

Verizon now sells a $100 tracking device with one year of free service | The Verge

Verizon today launched sales of the $99.99 Verizon Smart Locator, a tiny device that can be kept with your keys, bag, or other possessions (or pets) that you never want to lose. Similar to the Samsung SmartThings Tracker that AT&T sells, Verizon’s new gadget uses a combination of Bluetooth, GPS, Wi-Fi-based positioning (WPS), and LTE […]

 

Report: Tesla’s Solar Roof Pricing Is a Real Shocker | Breitbart

Report: Tesla’s Solar Roof Pricing Is a Real Shocker | Breitbart

A recent quote for a Tesla solar roof installation reveals the high cost of the technology. The cost of going green with Tesla, according to one customer quote, is $85,000. According to a customer quote obtained by Electrek, a Tesla Solar Roof could be far more expensive than many had previously expected. The company has […]

 

House Democrats’ internal feud over prescription drug prices, explained | Vox

The United States has some of the highest prescription drug prices in the world, and this summer, Democratic House leadership will unveil a plan to fix that — though questions remain about just how effective this measure will be. Reducing prescription drug prices was a key plank of House Democrats’ platform during the 2018 midterms. […]

 

Price Forecasting: Applying Machine Learning Approaches to Electricity, Flights, Hotels, Real Estate, and Stock Pricing | Data Science Central

Price Forecasting: Applying Machine Learning Approaches to Electricity, Flights, Hotels, Real Estate, and Stock Pricing | Data Science Central

When you give customers advice that can help them save some money, they will pay you back with loyalty, which is priceless. Interesting fact: Fareboom users started spending twice as much time per session within a month of the release of an airfare price forecasting feature. This tool continues to grow conversion for our partner. Besides travel, […]

 

Senate Judiciary Committee plans markup of drug pricing bill this month | TheHill

Senate Judiciary Committee plans markup of drug pricing bill this month | TheHill

The Senate Judiciary Committee is planning a markup of legislation to lower drug prices this month, Sen. Lindsey Graham (R-S.C.), the panel’s chairman, told The Hill on Wednesday. The action from the Judiciary Committee is a sign of the movement on the issue of drug pricing in both parties, which could provide Congress with a […]

 

GNS Creates Pricing Transparency In Major Shake-Up Of Navigation Data Market | Marine Insight

GNS Creates Pricing Transparency In Major Shake-Up Of Navigation Data Market | Marine Insight

Voyager ‘Navigation as a Service’ provides charts and publications at cost price and enables customers to actively reduce consumption of charts and publications by as much as 50%. GNS, the maritime technology company, has announced it will sell all digital and paper nautical charts and publications at cost price as part of its innovative Voyager […]

 

How to FINALLY charge what you’re worth | You Baby Me Mummy

How to FINALLY charge what you’re worth | You Baby Me Mummy

When you’re deciding how much to charge for your time, product or service are you making the decision based on research and a solid pricing strategy or are you basing these prices on self-doubt, a lack of confidence and fear that no-one will buy?  Answer honestly…. You’re not alone. These limiting beliefs often stem from […]

 

Webinar (On-demand): Successful Price Increases using Market Insights | PriceBeam

Digitalization is everywhere of course. But whereas some industries are 100% digital from birth, others are still transforming from traditional consumer or industrial products to more of a digital service industry. Regardless of where your industry and company is on the digitalization path, pricing practices are severely impacted. Digitalization means increased transparency, more information,  as well as internationalization of buying and selling, but also new opportunities for value-adding and new services that can be offered and monetized.

Participants and viewers of the webinar will learn about:

  • What trends in digitalization mean for pricing.
  • Avoiding (some) pricing pitfalls when digitalizing existing offerings
  • Using digital insights to better understand opportunities
  • How to predict optimal prices for digital services using market research

The webinar will be available from the end of May 31st, 2019. If you have already signed up you will receive a link by the end of this date. Otherwise, sign up on the right and receive a link by email to view the recording.

 

 

Webinar (On-demand): Setting the Right Price on New Products or Services | PriceBeam

In this webinar PriceBeam co-founder and Chairman, Finn Hansen, together with The Pricing Coach, Mark Peacock walk viewers through various challenges around the pricing of new products or services.

This on-demand webinar covers:

  • Common challenges when creating new products or services
  • How pricing should play a more prominent role in the innovation process
  • The various steps of product development and how pricing can add value at each step
  • Different types of price research that can improve the value of the new product
  • Psychological pricing tactics to improve the introduction of the new product or service.

 

Webinar (On-Demand): Using AI To Get C-suite Attention For Pricing | Perfect Price and PPS

Pricing is high impact, but are you getting the attention you deserve? In any enterprise environment, the struggle for attention and resources is always an issue. As a pricing professional, how can you get c-suite attention for prioritizing pricing initiatives and allocating budget?

Aligning yourself with your company’s digital transformation initiatives is a great way to move pricing into the fold as a key driver. In particular, focusing on disruptive technologies like Cloud Technologies, AI, Machine Learning, and Decision Automation, can help to spark executive interest.

By choosing an AI vendor over other pre-internet vendors you’ll find more approachable budgets and rapid implementation timelines, which will aid immensely in getting executive buy-in. AI-based pricing tools, like Perfect Price, have measurable ROI and are proven to simulate pricing better than other technologies.

 

 

30th Annual Fall Conference & Workshops October 15-18, 2019 | PPS

We are excited to announce we’ll be in Las Vegas, NV for our 30th Annual Fall Pricing Conference & Workshops October 15-18, 2019! You can register now and take advantage of our Early Bird Offer.

 

“The single most important decision in evaluating a business is pricing power,” Buffett told the Financial Crisis Inquiry Commission in an interview…

“If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business.”

     – Warren Buffett

 

Explore our collection of valuable pricing resources including:

Books

Cartoons

Certifications

Papers

Quotes

Reports

Training

Videos

Pricing News on LinkedIn

Join 1,000’s of your peers in the our LinkedIn discussion group.

The group features informative pricing strategy and technology focused news, events, resources, thought leadership, and discussions.

Posted in: Pricing News Daily

Post a Comment

WP-SpamFree by Pole Position Marketing