Crude Oil Prices: "Random"? Hardly.

Coaching Tip

Last week's shocking spike in crude oil prices is +12% and counting, the biggest one-week gain in five years. Yet, it was a bigger cut than the market expected; plus, the fact that OPEC members came to an agreement at all was enough to play a role in soaring prices.

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The price is… er, ah, the price is ah…

Strategy Driven

The price of whatever you sell carries with it a discomfort for most salespeople. They’re hesitant to bring up the price because it’s the final element in completing any transaction – or so they think. Actually, price or fee or rate is a logical progression of a presentation.

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Get Over Your Fear Of Pricing.

Rich Gee Group

Whether you’re established in business or just getting started, you want your pricing to position you as a leader – not as a follower. A confession — I used to stay safe and secure (comfortable) by keeping my prices low. The post Get Over Your Fear Of Pricing.

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Your Guide to Proper Product Pricing and How to Tackle It

Women on Business

Women On Business Sponsors pricingWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

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The Art Price Bubble

Execupundit

Art Contrarian looks at several examples of stunning prices

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Managing Pricing for Commodity Price Volatility

The Kini Group

Commodity prices are more volatile than ever, and business leaders are only getting more anxious about the effects on their business performance. Unfortunately, these fluctuations can move quickly, and staying on top of changing prices often requires a lot of work. Hold your prices.

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Accuracy on the Internet: The Price of Freedom is Personal Responsibility

Jesse Lyn Stoner Blog

However, the price of this great freedom is increased personal responsibility. The post Accuracy on the Internet: The Price of Freedom is Personal Responsibility appeared first on Seapoint Center for Collaborative Leadership. The Internet is one of the final frontiers.

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The Price of Celebrity

Execupundit

At Althouse , impressions of celebrities stuck in traffic

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How Small Businesses are Affected by Gas Prices – Infographic

Women on Business

Infographics energy costs gas prices small business telecommuting work at home work from homeWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

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Fort Worth’s Bike Riding Mayor Betsy Price Steers the City

Michael Lee Stallard

The surprise, however, is that this herd is on bicycles and its lead steer is their mayor, Betsy Price. Mayor Betsy Price mounts her bike each summer to lead “rolling town hall meetings.” A Fort Worth native, Price is knowledgeable and confident yet humble.

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Why Price Fixing Continues

In the CEO Afterlife

Last year, EU regulators fined P&G and Unilever to the tune of $456 million for price fixing laundry detergents in eight European countries. Regional underlings do not orchestrate an eight country price cartel. Non-strategic’ was the pseudonym price aggression.

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3 Ways to Raise Prices: The Grand Slam of Your Pricing Strategy

The Kini Group

For some reason, today’s typical business wisdom is “decrease prices and gain share.”. Everyone’s advising companies to lower prices and then lower them some more. The reasoning follows that if businesses become the lowest-priced option in the market, they can beat their competitors.

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Pricing in the Art Biz

Execupundit

At Muddy Colors , Arnie Fenner answers, " What is a piece of art worth ?" [The The painting above was done by Frank Frazetta for "Conan the Conqueror

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MakerBot Drops Pricing on 5th Gen 3D Printer

Execupundit

The control panel on the MakerBot Replicator 5th Gen desktop 3D printer. This is interesting: Read the whole entry. » » printer

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Differentiation’s Arch Enemy: Price

In the CEO Afterlife

Last year, EU regulators fined P&G and Unilever to the tune of $456 million for price fixing laundry detergents in eight European countries. Regional underlings do not orchestrate an eight country price cartel. Non-strategic’ was the pseudonym price aggression.

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The Price of Core Values is 80 Dollars

N2Growth Blog

In no time I was in discussion with my driver, not about the price (which I was ultimately prepared to pay), but about the fairness of what I have unintentionally agreed upon. I recently spent a couple of days in New York.

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How You Can Get Proactive About Margin Leaks Using the Pocket Price Waterfall

The Kini Group

How much price are you really keeping from each of your sales transactions? A percentage point lost here and there can add up to thousands – if not millions – of dollars of lost pricing revenue, which comes straight off the bottom-line. The pocket price waterfall reveals how to do this.

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How Top Pricing Managers Drive Profits: 6 Skills to Success

The Kini Group

Included in this influx are the increasingly-important pricing analysts who push their companies to bigger profits. Pricing managers are in the tough position of having both feet in different worlds. On the surface, pricing seems like a numbers game. Pricing

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The Price Leaders Pay for Silence

Lead Change Blog

But This is Their Job! Have you ever heard a supervisor say something like, “Why should I have to encourage people? This is their job isn’t it?”. Have you ever thought those words yourself?

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Pricing Strategy: Pricking the Veil of Value Exchange

Strategy Driven

Our understanding of pricing has come a long way since 1890 when Alfred Marshall published his treatise on the economic scissors of supply and demand. Pricing is no longer a purely economic challenge to be addressed through studies of market elasticity.

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Home Prices as Barometer

Execupundit

That's because the prices of our homes have a bigger influence than stocks on how rich we feel and, therefore, how much we're willing to spend, suggests a recent study by the National Bureau of Economic Research. stocks have reached new highs, but most Americans probably don't feel any wealthier.

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Euro Price Action Post-Election: "We Expected That"

Coaching Tip

That it's really crowd psychology that moves prices. This article was syndicated by Elliott Wave International and was originally published under the headline Euro Price Action Post-Election: "We Expected That". Our Currency Strategist Outlines His Long-term View of the Euro. By Elliott Wave International. Editor's note: The text version of this interview is below.]. Alexandra Lienhard: I'm Alexandra Lienhard for ElliottWaveTV, and today I've snuck into Jim Martens' office.

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What is Price Realization, and How Does It Impact Your Bottom Line?

The Kini Group

Companies are bombarded with pricing strategy advice constantly: “Increase your prices by 2%.”. Decrease your prices for your price-conscious markets.”. Unfortunately, even the best pricing advice rarely works for every single company. What is Price Realization?

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Movie Prices: 1940 - 2012

Execupundit

Check out the chart at Law Latte. Try not to choke on your popcorn

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Boost Profitability with These 5 Different Types of Price Segmentation

The Kini Group

Pricing is one of the most powerful levers to pull for margin growth. Unfortunately, many companies stop once they have profitable prices set for each of their products. The businesses that take a few extra steps and see these prices through benefit from even higher margins.

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The price of leadership

Lead on Purpose

Whether you want to pay the price to reach the leadership level of your dreams is the real question you need to sort out. Ray Hopkin gives us The Price of Leadership, from Lead on Purpose.

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The Price of Punctuality

Execupundit

A line from "The Princess Bride" that I get plenty of opportunities to use

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Can You Look Professional Without Paying Professional Prices For Your Office?

Strategy Driven

You just finished reading Can You Look Professional Without Paying Professional Prices For Your Office? ! The post Can You Look Professional Without Paying Professional Prices For Your Office? Many things have changed in the world of business, but a few things have stayed the same.

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Creativity Meets Data Science: The Importance of Pricing for Marketing Professionals

The Kini Group

Pricing isn’t the most fun part of your job. Pricing is, however, one of your most important responsibilities. While crafting the perfect campaign headline is always much more interesting, it’s pricing that impacts your company’s bottom line fastest and most effectively. Pricin

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Supercharge Your Profitability Using the Price Waterfall Framework

The Kini Group

Every day you make complex decisions – which products and services to offer which customers, through which channels, for which prices. In fact, McKinsey estimates that 30 percent of the thousands of pricing decisions companies make every year don’t result in the best transaction price.

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Insider Insight on Price Fixing | In the CEO Afterlife

In the CEO Afterlife

Insider Insight on Price Fixing. You may have read the story about EU regulators fining P&G and Unilever to the tune of $456 million for price fixing laundry detergents in eight European countries. These regional conspirators orchestrated an eight country price cartel.

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How are you doing on price? :: Women on Business

Women on Business

Since then, I have had more and more discussions with my clients about their pricing strategies and being squeezed in this market. Many of my customers struggle with the issues of pricing to be competitive and also maintaining a viable profit margin.

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Progress At Work, But Mothers Still Pay a Price

First Friday Book Synopsis

Bob''s blog entries Boston University researchers Mikaela Wapman and Deborah Belle Equal Pay Act Philip Cohen Progress At Work [comma] But Mothers Still Pay a Price Stephanie Coontz The New York Times University of Maryland The Evergreen State College in Olympia (WA) Will Reissner Women’s Policy Research Here’s a brief excerpt from an article written by Stephanie Coontz for The New York Times.

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Price negotiation: 5+1 ways to win with purchasing managers

Bernd Geropp

Price Negotiation with Purchasing! As a small business owner in B-to-B you may find yourself struggling during price negotiations. But watch out: Don’t believe the 3 myths for price negotiations with purchasing managers. Example: You are prepared to reduce your price by 2%.

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Godin on the Pricing Formula

Execupundit

Years ago, my bosses and I needed to finalize the pricing for a new line of software I was launching. We had three prices in mind, and the five of us couldn't agree. In the room we had MBAs from Harvard (2), Stanford, Tuck and, I think, Wharton. So we did the only scientific thing: we flipped a coin (two out of three, just to be sure). Read the rest of Seth Godin here

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How to Stop Your Customers From Fixating on Price

The Kini Group

Making this even more complicated is the rise of the availability of public pricing. There’s no bluffing when a customer can access an entire list of your and your competitors’ prices with a couple of keystrokes. Despite all of these factors working against you, giving your customers the pricing they want is never a good solution to this problem. In the long term, customers fixate on price more than ever and completely disregard product value. Pricing

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Educational Entrepreneurship – A Conversation with Pamela Price

Survive Your Promotion

Standing on her front porch, Pamela Price can see the acceleration of homeschooling happening right in front of her eyes. “We Pamela Price and her husband were already fairly sure they would homeschool their son through preschool when their choice was solidified by a reaction to peanuts. Living Differently Parenting Educational Entrepreneurship Homeschooling How to Work and Homeschool Pamela Price

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Does Customer Experience Trump Price?

Women on Business

When you go into a business, what’s more important to you: price or the experience that takes place? While you may be thinking, “I lean toward experience, but it won’t matter if the price is beyond what I can afford.” There is a line that separates price from experience. A lasting customer experience definitely outweighs price. Guest post by Sarah Hedayati (learn more about Sarah at the end of this post).

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Market Basket and the Price of Vengeance

Modern Servant Leader

Arthur T. DeMoulas is a servant leader. We know this by the thousands of employees, customers and other stakeholders protesting his dismissal from the role of company president at Market Basket. However, according to most accounts, cousin Arthur S. DeMoulas and his side of the family seek vengeance against Arthur T. DeMoulas, for the perceived sins of his father. In fact, Arthur S. and his team refuse to accept an offer to buy him out, even though the ongoing boycotts cost them $10 Million / day.

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Your Competitor Just Announced a Price Increase. What’s Your Next Move?

The Kini Group

You’re going about your workday when you come across a piece of interesting information from a team member – your competitor just announced a price increase. You probably have a few immediate reactions in this order: “Why are they increasing prices?”. Wait, should we be increasing prices?”. Many companies choose to just sit back and use a competitor’s price increase to gain share. This price following strategy benefits your business in three ways: 1. Pricing

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