Early Bird Offer Expires 11th July 2014! Inaugural L AT I N A M E R I C A N PRICING W O R K S H O P S & CO N F E R E N C E 27 – 28 AU G U S T 2 0 1 4 S H E R ATO N W O R L D T R A D E C E N T E R H OT E L S Ã O PAU LO, B R A Z I L 4 FULL-DAY PRICING WORKSHOPS 6 ACCLAIMED KEYNOTE SPEAKERS 25+ HOURS OF PRICING TRAINING CERTIFIED PRICING PROFESSIONAL CREDITS EARLY BIRD DISCOUNT - BUY 2 GET 1 FREE PG 4 PG 8 PG 5 PG 3 PG 11 REGISTER ONLINE AT: www.PricingSociety.com/BRAZIL2014 PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE 27–28 AUGUST 2014 • SHERATON WORLD TRADE CENTER HOTEL • SÃO PAULO, BRAZIL Welcome to São Paulo! Join us for the best in Pricing... On behalf of The Professional Pricing Society’s entire team, we are excited to invite you to our Inaugural Latin American Pricing Workshops & Conference—where you can learn the latest methods from today’s thought leaders in pricing strategy, tactics and applications. The global market indicates that powerful and strategic pricing is more important than ever, which is why this conference will be focused on impactful techniques for improving profitability and putting you on top of your industry. All PPS Conferences bring hands-on workshops and high-level speakers from the worlds of business and academia, providing a diverse environment for networking, training, and reaching out to esteemed professionals in the pricing world. In addition, our conference sessions span all levels of pricing expertise with topics ranging from Core Pricing Skills to Pricing for Managers to Techniques and Strategies of Value-Based Pricing to Change Management. As the only organisation exclusively committed to growing the pricing profession and disseminating pricing expertise throughout the business world, PPS is proud to offer a conference that is centred on your connection, growth, and success in the pricing industry. See you in São Paulo! Kevin Mitchell, President Professional Pricing Society PPS: The Most Trusted Resource in the Pricing World PPS carries on a long tradition of dedication to the global pricing community. Thirty years ago, our Chairman and Founder Eric Mitchell officially created the Professional Pricing Society (PPS) to connect pricing practitioners, experts, and solution providers. FOUNDED 1984 BY ERIC MITCHELL Members 4,721 Companies 617 The Voice of the Pricing Profession: Since 1984, PPS has been the heart and soul of the pricing profession. Today, we continue to focus on bringing the pricing discipline’s foremost thought leaders to our conferences, workshops and online courses, so our members can gather for learning, networking and sharing experiences. Global Presence 75 Countries / 6 Continents Events 5 Major Annual Pricing Conferences Offerings • Certified Pricing Professional • Pricing Training Workshops • 27 Online Pricing Courses Now, pricing people can advance their knowledge from anywhere in the world. In addition to world-class training and live events, PPS also provides access to the most valuable electronic resources in the pricing field. We publish the monthly Pricing Advisor Newsletter and the quarterly Journal of Professional Pricing, covering the latest topics and expert advice in the field. After all the changes and growth over the decades, PPS remains independent, unaltered, unbiased and true to our original mission — we are solely dedicated to nurturing the ever growing community of pricing professionals. Other Services • 16 Annual Publications • Pricing Whitepapers • Case Studies • Webinars • Annual Salary Survey The Most Trusted Resource in the Pricing World: The PPS network includes almost 5,000 active members worldwide from more than 600 leading companies in 75 countries. Currently, we produce five major annual pricing conferences in Asia, Europe, Latin America, and North America. Each conference assembles the finest specialists in the world to deliver the latest best practices, innovative trends and strategic skills in the pricing field. PPS also pg. 2 offers dozens of full-day training workshops every year, taught by leading pricing principals and academics. CPP – A Mark of Distinction for Pricers Worldwide: PPS workshops are the foundation for the Certified Pricing Professional (CPP) designation, a multi-stage training curriculum designed to support, educate and elevate the global pricing professional. The CPP program has grown to become a mark of distinction for pricers worldwide, improving their knowledge and careers. PPS is here to serve you. We are the Home of Pricing! PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE Pricing Training: Certification Workshops & Online Courses CPP Training benefits your company and YOU! The Professional Pricing Society has been the center of the pricing discipline for more than a generation. We provide valuable pricing strategies, publications, research, and resources to thousands of members from leading industries in over 75 countries. Top 5 Benefits of CPP Pricing Education: 1. Best Practices from Top Pricing Experts Our faculty represents the top minds in business and academia. All of our course materials are based on industry best practices, extensive applied experience, and practitioner success stories. 2. Comprehensive Pricing Training Some courses cover broader fundamental pricing strategies, while others provide in-depth study of more advanced topics. All of our materials are designed to equip your department with the tools and concepts that will improve profitability. comprehensive 4-hour CPP Accreditation Exam — one of the many reasons why the CPP certification is the most respected pricing credential in the world. 5. You Can Bring Your Pricing Function In-House Your firm knows its products, services, and strategies better than any external consultant. Empower your own organisation with the knowledge needed to improve profits and minimise revenue leaks, while saving on outside fees. For more information about the Certified Pricing Professional programme please visit the PPS website: www.pricingsociety.com and click on CPP/Training. To find out how you can save money on the best pricing training available with new CPP Pricing Training and Certification Packages, please email us at cpp@pricingsociety.com or call Julie Martin, our Vice President of Training & Certification, at +1.770.509.9933 3. You Can Develop an Internal Pricing Culture Quickly orient your employees to best pricing practices and help instil a structured approach to pricing within your company, creating a powerful internal culture of like-minded pricing experts for your firm. Do I have to pursue a CPP designation to attend a PPS Workshop? 4. Rigorous Certification Process In addition to earning 6 credits by successfully completing workshops and/or online courses, participants go through a rigorous certification process including an extensive electronic study guide, covering essential pricing areas and online preparation sessions. For final certification, participants must pass a You will still receive your course certificate after passing the workshop test. It makes no difference if you have decided to pursue the CPP designation or not. No, you don’t have to. If you are primarily interested in pricing training or learning about specific topics, all PPS workshops are a perfect fit. www.pricingsociety.com Your best online resource for ALL things pricing! To address today’s changing world, our website www.pricingsociety.com continues to serve as the leading source for online articles, whitepapers, on-demand webinar recordings for members, and additional resources. The PPS website also houses the world’s largest pricing library, with over 600 articles written by pricing experts and thought leaders, as well as a career centre where members can post or browse through career opportunities exclusive to the pricing industry. PPS is all about pricing all the time, wherever you are in the world. We provide 365/24/7 access to the resources you need to stay ahead of the competition, to network within the pricing community, and to build lifelong learning that will advance your career. Visit the PPS Pricing Blog www.professionalpricingsociety.blogspot.com See the latest on YouTube! www.youtube.com/PricingSociety Let’s get together on Facebook www.facebook.com/ProfessionalPricingSociety Join the conversation! twitter.com/PricingSociety Let’s network on LinkedIn www.linkedin.com/e/gis/79502 Share on Pinterest! pinterest.com/pricingsociety CODE OF CONDUCT: “The PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE offers the best forum to discuss pricing strategies and tactics worldwide. All attendees are hereby reminded that discussions in and around the event should not violate price fixing laws or international anti-competitive laws.” REGISTER ONLINE AT: WWW.PRICINGSOCIETY.COM/BRAZIL2014 pg. 3 workshops 27 August 2014 Core Pricing Skills 1-Day Workshop Agenda (Daily agenda applies to every workshop) 8:00 Breakfast / Registration 9:00 Workshop Begins 10.15 Morning Break 10:45 Workshop Resumes 12:00 Lunch 13:00 Workshop Resumes 14:15 Afternoon Break 14:45 Workshop Resumes 16:00 Workshop Close 16:30 Networking Reception Scan the Code... Scan any QR Code in this brochure with your SmartPhone and get an Audiovisual Presentation about each session! These presentations are also available at: www.pricingsociety.com/ BRAZIL2014 pg. 4 Are you starting out in pricing? Or are you a seasoned pricer who feels like you haven’t taken a moment to think about the core principles of the discipline in a while? In either case, this comprehensive pricing workshop will help you master the essentials of price performance by learning from dozens of cases, from a variety of industries, that support today’s leading, best pricing methodologies. The working format is fully interactive—giving all participants the opportunity to ask questions and add from their own experience. This one-day interactive workshop provides an overview and fundamental orientation for the development and management of perceived value pricing strategies and tactics. This workshop will provide leading-edge insights for managers who have responsibility for pricing products and services or who need to understand how to integrate pricing into their management activities. Pricing is an important multifunctional business activity that involves and influences the marketing, financial and operational areas of a business. Prices also convey more information than the sheer cost of the product/service for the potential buyer. Prices are signals of quality and product/service positioning. As such, managers in these areas will find this workshop beneficial and informative. The objectives of this workshop are to present the factors that must be considered when setting price and to show how pricing alternatives can be developed and analyzed. Further, recognizing price conveys information about the firm, its products and services, and its intentions, we also discuss how to communicate pricing information to the firms’ internal and external constituents. The workshop will emphasize the proactive approach to pricing that requires a market orientation and specifically considers how customers develop value perceptions and behavioral and cognitive limitations. Attendees will learn: • How customers perceive price and form value perceptions • How to analyze and choose among different pricing alternatives • The role of cost information in the setting of prices • How to communicate price information to customers and competitors • The key principles of effective pricing management One Free PPS Online Pricing Course Offer PPS offers one (1) Complimentary Online Pricing Course to all Workshop Attendees that complete and pass the post-workshop Online Quiz. Presenter: Dr. Kent B. Monroe Partner, Monroe and Associates and J. M. Jones Distinguished Professor of Marketing Emeritus, University of Illinois at Urbana-Champaign. Dr. Monroe brings decades of research, consulting and practical experience to training seminars designed to explain and illustrate successful pricing strategies and tactics. Monroe defined the conceptual foundations of behavioral price research and has been published in the most reputable business and marketing journals in the world. His earlier research is re-printed in a seven-volume set by Sage Publications in their Legends in Marketing series. Kent is also the author of, Pricing: Making Profitable Decisions. He was the founding editor of Pricing Practice and Strategy (1993-2003) and he received the American Marketing Association/ McGraw-Hill/Irwin Educator of the Year Award in 2005. Monroe has been at the University of Illinois since 1991 and teaches courses and conducts research in pricing, marketing strategy, and marketing research. His research centers on the information value of price to buyers. He has been a pioneer in research on understanding how buyers perceive price information and form value judgments. His executive training programs on pricing strategy and tactics have been delivered on six continents. Has served as a consultant in these areas to business firms, governments, and the United Nations. Monroe is an active member of the American Marketing Association and the Association for Consumer Research. He served as a director of the Association for Consumer Research, 1988-91 and chairman of the Development of Marketing Thought Task Force of the American Marketing Association, 1984-88. He is a frequent presenter of papers at academic meetings world-wide. In 1991 he was elected a Fellow of the Decision Sciences Institute. PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE Pricing for Managers: Best Practices on Commercial Policy Implementation and Behavioral Pricing Two of the most effective pricing levers in B2B and B2C are commercial policy, or the structuring of discounts, and the recent advances made in behavioral pricing. Many companies rely too much on the intuition of their sales people to negotiate the right discount with their clients. However, recently companies have increasingly adopted increasingly sophisticated discount structures that leverage the differences in perceived value among clients. The initial perception is that sales will resent a structured approach but companies have found that actually sales welcome market information that helps them achieve their goals. The most recent research and execution of pricing has discovered that clients, both in B2B and B2C businesses, are not as rational as previously thought. “Human factors” and your customers’ emotions affect overall purchasing decisions. How can you extract maximum value by using these emotions to your advantage? In this workshop, pricers will learn a tested framework for changing internal commercial policies based on value instead of cost, how to identify their company’s value drivers, and how to define a commercial policy that captures all market profit potential. Instructors will also present a framework for incorporating behavioral pricing as well as behavioral tactics that pricers can use in their specific product and pricing strategies. Attendees will learn: • A pragmatic and tested framework to change the commercial policy based on value delivered and not on costs • How to define a commercial policy that captures all profit potential from the market • How to identify value drivers in companies rich in data and companies with lack of data • How to implement peer pricing • Best practices in Brazil and elsewhere in defining elements that require customers to achieve goals in exchange of higher discounts • Implementation guidelines to execute a new commercial policy • New framework for incorporating behavioral pricing for their specific business • Behavioral pricing examples from multiple industries and types of businesses (B2B vs. B2C) One Free PPS Online Pricing Course Offer PPS offers one (1) Complimentary Online Pricing Course to all Workshop Attendees that complete and pass the post-workshop Online Quiz. Presenter: Matt Johnson Presenter: Gustavo Bachion Managing Partner, Simon-Kucher & Partners Matt Johnson is a Managing Partner at Simon-Kucher & Partners and has over 20 years’ experience in pricing. His work focuses on helping companies develop pricing and marketing strategies, and optimizing pricing and sales processes to maximize revenue and profit growth. Prior to joining Simon-Kucher & Partners, Johnson was Vice President of Product at SideStep.com, was founder and President of PriceWorks, an early provider of pricing management software, and held several senior executive positions at PROS Revenue Management. He also worked on expert systems development at IBM’s Palo Alto Research Center. Johnson earned Bachelor’s Degrees in History and Computer Science from Duke University and an MBA from Rice University. Senior Consultant, Simon-Kucher & Partners Gustavo Bachion is a Senior Consultant at Simon Kucher & Partners and is one of their strategy and marketing leaders in Brazil. Bachion concentrates on pricing and marketing and focuses on market penetration strategies in Brazil. He has worked in several industries, including finance, media, software, and chemicals, among others. Bachion received his MBA degree from the Duke University’s Fuqua School of Business with a concentration in Strategy, Decision Sciences and Financial Analysis. He holds a graduation degree in Materials Engineering from Universidade Federal de São Carlos and a post-graduation degree in Marketing and Business Administration from Escola Superior de Propaganda e Marketing, where he ranked first in his class. 1-Day Workshop Agenda (Daily agenda applies to every workshop) 8:00 Breakfast / Registration 9:00 Workshop Begins 10.15 Morning Break 10:45 Workshop Resumes 12:00 Lunch 13:00 Workshop Resumes 14:15 Afternoon Break 14:45 Workshop Resumes 16:00 Workshop Close 16:30 Networking Reception Scan the Code... Scan any QR Code in this brochure with your SmartPhone and get an Audiovisual Presentation about each session! These presentations are also available at: www.pricingsociety.com/ BRAZIL2014 REGISTER ONLINE AT: WWW.PRICINGSOCIETY.COM/BRAZIL2014 pg. 5 workshops 27 August 2014 Organizing the Pricing Function for Success: Design, Collaboration, and Change Management 1-Day Workshop Agenda (Daily agenda applies to every workshop) 8:00 Breakfast / Registration 9:00 Workshop Begins 10.15 Morning Break 10:45 Workshop Resumes 12:00 Lunch 13:00 Workshop Resumes 14:15 Afternoon Break 14:45 Workshop Resumes 16:00 Workshop Close 16:30 Networking Reception More than 70% of projects fail because of the inability of organizations to change. The same goes with pricing projects and initiatives. Change in value and pricing management is challenging, sometimes tenuous, and might take a long time to be accepted, adopted and assimilated. Whether pricing practitioners lead a small project or they embark on a transformational pricing journey, they have to understand the basic concepts and theories of change management. Furthermore, organizations and their leaders often struggle to design the right organization architecture for their pricing function. They face issues on where to locate the pricing team, how to allocate the reporting responsibilities, how to engage cross-functional collaboration, and how to raise the intellectual capital in pricing. In the end, a lack of a good organization design combined with an inadequate culture leads to frequent pricing project failures. Pricing practitioners and pricing leaders should pay close attention to these organizational and human dimensions of pricing in order to create the right team culture and the right pricing training agenda. This workshop explains how organizational change capacity is a central concept to pricing change and to the deployment of strategic pricing projects, as well as creating a competitive advantage in pricing, and presents a direct positive relationship between organizational change capacity in pricing and pricing performance. This unique one-day workshop combines the latest science in pricing organizational design, in change management for pricing, and in socio-technical pricing capabilities. Participants will receive both theoretical knowledge and practical tips on how to set a successful pricing team and how to improve their collaboration culture with respect to pricing. Attendees will learn: • The various options to organize the pricing function • How to set up a Pricing Council and how to make it a strategic weapon • How to set up a culture of collaboration between pricing, sales and marketing • How to leverage change management methodologies to drive pricing change • How to design and implement a progressive pricing training program One Free PPS Online Pricing Course Offer PPS offers one (1) Complimentary Online Pricing Course to all Workshop Attendees that complete and pass the post-workshop Online Quiz. Presenter: Stephan Liozu, Ph.D., CPP Scan the Code... Scan any QR Code in this brochure with your SmartPhone and get an Audiovisual Presentation about each session! These presentations are also available at: www.pricingsociety.com/ BRAZIL2014 pg. 6 Pricing Evangelist, Value Innoruption Advisors and Adjunct Professor, Case Western Reserve University Stephan M. Liozu holds a Master’s degree in Innovation Management from Toulouse IAE School of Management in France and earned a Ph.D. in Management from Case Western Reserve University with his thesis “The Organizational Journey Towards Pricing and Value Excellence.” He earned his CPP designation in 2009 and recently achieved the Prosci® Change Management Certification. Over the past few years, Liozu published academic articles in the Journal of Revenue & Pricing Management, Journal of Business Strategy, MIT Sloan Management Review, and Industrial Marketing Management as well as in the Journal of Strategic Marketing. He has written several articles on strategic pricing issues for the Journal of Professional Pricing and is a regular presenter at Professional Pricing Society conferences in Europe and North America as well as the Strategic Account Management Association conferences. Liozu co-authored Innovation in Pricing – Contemporary Theories and Best Practices (with Dr. Andreas Hinterhuber) that was published in the fall of 2012 and The ROI of Pricing published in January 2014. Stephan sits on the Advisory Board of LeveragePoint Innovation, 360pi, and of the Professional Pricing Society. Liozu also holds an MBA in Marketing from Cleveland State University (1991) and attended The General Management Program (TGMP) at Harvard Business School (2005). He is a frequent guest lecturer at Toulouse School of Management, EM Lyon, University of Rochester, Wayne State University, Carlow University, and the University of Lugano. PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE How to Price: An Examination of the Techniques and Strategies of Value-Based Pricing Value-based pricing is pricing according to the value of the benefits delivered to customers. The pricing industry has broadly accepted value-based pricing as superior to alternative paradigms. But how do executives functionally arrive at prices that are aligned with the principals of value-based pricing? What techniques do they use? What are the trade-offs between the competing methodologies? What process steps are executed to deploy these methods? And how can these methodologies be used to engage positive collaborations with product managers, salespeople, and marketing communications professionals? In this workshop, Dr. Smith clarifies the three industry-dominant pricing methodologies in practice today and their relationship to value-based pricing: exchange value models, economic price optimization, and conjoint analysis. Each of these methodologies is an industry-proven, academically accepted best practice for addressing pricing challenges. The objective of this course is to inform executives of the dominant pricing methodologies in the market and enable them to select the right approach for whatever pricesetting challenge they face. Attendees will learn: • The proper definition of • • • • • • • • • value from the customer’s perspective, and therefore what value-based pricing really means How to price new products and services according to their exchange value to the customer How to gather the information required for quantifying exchange value How to conduct a profit sensitivity analysis to inform pricing decisions How data can be used to conduct economic price optimization Why economic price optimization is limited in its application What conjoint analysis is and why is it superior to other survey-based pricing approaches How to identify neutral, skim, and penetration pricing strategies How to anticipate competitor price response to pricing actions How to identify opportunities to increase profit through examining the relationship between prices and benefits One Free PPS Online Pricing Course Offer PPS offers one (1) Complimentary Online Pricing Course to all Workshop Attendees that complete and pass the post-workshop Online Quiz. Presenter: Tim J. Smith, Ph.D., CPP Founder and Managing Principal, Wiglaf Pricing; Adjunct Professor of Marketing at DePaul University; Academic Advisor to the PPS CPP Program; and Author of Pricing Strategy: Setting Price Levels, Managing Price Discounts and Establishing Price Structures At Wiglaf Pricing, Tim Smith helps executives better manage price through workshops, books, and other media. He provides productized and actionable expertise for firms of many sizes and across many industries. He has also been a keynote speaker and workshop leader on a variety of pricing topics to professional audiences across the globe. His book, Pricing Strategy, has been described by independent reviewers as “the most comprehensive pricing strategy book” on the market. Smith began his career as a research scientist in quantum mechanics before his interest in transferring technological advances to societal implementations led to pursuits in business strategy. His focus on pricing is a natural culmination of his deep love of mathematics and his orientation toward capturing profitable customers. As well as serving as the Academic Advisor to the Professional Pricing Society’s Certified Pricing Professional program, Dr. Smith is a member of the American Marketing Association, Business Marketing Association, and American Physical Society. He is a regularly featured expert author in the PPS Pricing Advisor newsletter and the Journal of Professional Pricing. Dr. Smith earned his B.A. in Mathematics from Southern Methodist University, his B.S. in a dual major of Physics and Chemistry from Southern Methodist University, his Ph.D. in Physical Chemistry from the University of Chicago, and his MBA with High Honors in Strategy and Marketing from the University of Chicago Graduate School of Business. 1-Day Workshop Agenda (Daily agenda applies to every workshop) 8:00 Breakfast / Registration 9:00 Workshop Begins 10.15 Morning Break 10:45 Workshop Resumes 12:00 Lunch 13:00 Workshop Resumes 14:15 Afternoon Break 14:45 Workshop Resumes 16:00 Workshop Close 16:30 Networking Reception Scan the Code... Scan any QR Code in this brochure with your SmartPhone and get an Audiovisual Presentation about each session! These presentations are also available at: www.pricingsociety.com/ BRAZIL2014 REGISTER ONLINE AT: WWW.PRICINGSOCIETY.COM/BRAZIL2014 pg. 7 chell ng ng general sessions 07:00 Registration / Breakfast 08:00 Welcome and Networking 28 August 2014 Kevin Mitchell, President, Professional Pricing Society 08:30 • KEYNOTE Changing a Company’s Pricing Culture Ten years ago, Parker Hannifin (then a $6 billion diversified B2B manufacturer) created the Win Strategy, an innovative growth strategy which focused on improved value creation through superior customer service, enhanced customer specific value added services and the creation of innovative new products. In this keynote presentation, you can learn the same strategies that helped Parker increase sales by 55% and improve earnings by 95%. Included in the Win Strategy is the creation of Parker’s strategic pricing program—a rarity among industrials at that time. The pricing program contributed significantly to Parker’s margin growth rate during all phases of the recent economic downturn. This discussion will help you gain an understanding of how to improve value capture and develop strategies that work in an intensely competitive environment, as well as grow the top line and bottom line through systematic management of prices. Attendees will learn: • How to start and structure a pricing program • Effective change management methods to employ • Ways to obtain leadership buy-in • How to increase sales force interaction in pricing discussions • Ways to create sustainable pricing process improvements • Use of the latest technology, data analysis and tools to find earned price inelasticities 09:30 - 10:00 Presenter: Dick Braun Corporate Vice President of Strategic Pricing, Parker Hannifin Corporation Dick Braun develops and leads Parker Hannifin’s pricing program, creates all pricing strategy, and implements organization-wide pricing structures. Previously, he led the global, multi-industry pricing program which has significantly contributed to the company’s earnings growth. His work was detailed in the Wall Street Journal feature article Seeking Perfect Prices, CEO Tears up The Rules in 2007. Prior to joining Parker Hannifin, Braun held executive positions with numerous GE divisions, including GE Lighting, GE Quartz, and GE Installation & Service Engineering. During his 24 year GE career, Braun developed pricing strategies in the aircraft engine, power systems, advanced materials and lighting industries. Braun holds a B.A. in Economics from Wittenberg University and an MBA from Xavier University. Break Pricing for a Fast Changing Market: Trends in Brazil and the Rest of the World 10:00 • KEYNOTE Managers of companies in Brazil, Latin America and the rest of the world are facing tremendous business challenges: higher competition, high inflation and technology that is changing at a pace without precedent. Some executives have accepted that to navigate and survive these economic changes they must operate in a world of lower margins or have assumed that online sales will always have lower prices than traditional channels. However, others have found unique opportunities through innovative pricing strategies to become successful in this challenging environment. In this presentation Manuel will share case examples and results from the largest pricing survey conducted to demonstrate some of the decisions executives need to make today. The Simon-Kucher & Partners Global Pricing Survey is conducted annually and is based on answers from a total of 2,700 decisionmakers and managers from companies around the world in all major industry and service sectors on pricing organization, pricing power, inflation management, profit orientation and profit expectations. Speaker: Manuel Osorio Managing Partner, LATAM, Simon-Kucher & Partners For over 15 years, Manuel Osorio has worked in developing commercial strategies and improving pricing and sales processes for global corporations. Osorio has worked extensively in Brazil and every major market in Latin America across many industries as well as in the United States and Europe. He specializes in bridging global best practices with the specific characteristics of the Latin American markets. Osorio holds an MBA from the MIT Sloan School of Management, and Bachelor’s and Master’s degrees in Industrial Engineering, from the Catholic University in Chile. Attendees will learn: • The key decisions executives in Brazil and the rest of the world are making to improve pricing in their companies • How to establish pricing structures and strategies for new products • Successful strategies for coping with pricing for online channels pg. 8 PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE 11:00 • KEYNOTE The Journey to World Class Pricing How do pricing managers and their companies navigate the journey to achieve world class pricing in a complex global environment? It is a large mountain to scale that Paul Hunt will guide by sharing key insights from his new book on World Class Pricing. Specifically, he will share an exciting vision of how companies have successfully achieved world class pricing and the benefits of doing so. He will draw upon examples from B2B and B2C and across myriad industries. This is a dynamic and quick paced session that is sure to get you thinking in new and fresh ways about where you are, where you want to get to, and how you are going to get there. Attendees will learn: • How to achieve world class in a complex global environment • What the journey looks like and what roadblocks to expect at each stage of the journey • Leadership characteristics needed to achieve world class • The dynamic between the art and science of pricing, and how they are both critical elements of the journey • The payoffs and pitfalls to expect along the way • How to keep the gains made and why some companies slip backwards • Examples of B2B and B2C world class pricing companies 12:00 - 13:00 Speaker: Paul Hunt President, Pricing Solutions Ltd. Paul Hunt has specialized in pricing for more than 20 years, working with leading companies on a global basis. As a global pricing strategist, Paul has developed a vast array of proprietary methodologies that go straight to the heart of the problem. He has helped clients with such pricing issues as: bundling, competitive pricing, customer categorization, new-product pricing, perceived value, price complexity vs. simplification, pricing policy, price structure, price wars, price/volume relationship, and value-added pricing. Hunt is particularly interested in helping companies implement the cultural changes necessary for effective value-based pricing. In this capacity, he has helped companies make significant changes leading to substantial bottom-line improvements. Hunt also conducts extensive writing and lecturing on pricing strategy, including in-house training sessions, industry conferences, and MBA programs. He co-authored the book World Class Pricing – The Journey and has written articles for leading publications and associations such as Marketing Magazine, American Marketing Association, Marketing Research Industry Association and the Professional Pricing Society. Networking Luncheon Building Actions from Transactions – Finding the Real Money in Transactional Pricing 13:00 • KEYNOTE Though companies recognize the variability in attractiveness of different customers, deals and opportunities intuitively, very few can actually articulate with numbers how much money they leave on the table by choosing certain customers, deals or transactions over others. Sales force excuses, lack of analytical structure or a simple lack of focus make transaction analysis a not so influential element in a typical business to business (B2B) company. Great returns on sales are available for companies that embark on a transactional pricing excellence journey. What is the money that really gets into your pocket after a sale? What are the best strategies for differentiating customer management and negotiations based on historical profitability? What processes should be put in place to systematically assess and capture those opportunities? This session will highlight the value hidden in properly managing transaction pricing. This presentation will also demonstrate applicable strategies and the basic toolkit to for excelling in transactional pricing. This keynote will also examine common challenges and pitfalls to be aware of when implementing transaction pricing. Speaker: Livia Chanes Associate Principal, McKinsey & Company Brazil Livia Chanes is an Associate Principal at the São Paulo office and leads the Pricing Practice at McKinsey Brazil. Chanes has been with McKinsey for 10 years and, in her current role, focuses her work on commercial excellence topics in multiple sectors. Throughout her career, Chanes has served clients in the automotive industry, basic materials industry, chemicals industry, financial services and consumer sectors across Latin America. Prior to joining McKinsey, Chanes held positions with Renault and Proctor & Gamble. She holds an MBA from INSEAD, a Master from Ecole Nationale des Ponts et Chaussés and a B.A. in Engineering from Universidade de São Paulo. Attendees will learn: • The typical challenges and pitfalls involved in transaction pricing • The basic toolkit and pitfalls involved in transaction pricing REGISTER ONLINE AT: WWW.PRICINGSOCIETY.COM/BRAZIL2014 pg. 9 general sessions 14:00 - 14:30 28 August 2014 Break Complex Deals, Complex Pricing — Moving Beyond Cost Plus 14:30 • KEYNOTE Cost plus pricing, the long-time favorite approach of businessto-business (B2B) and industrial companies, is the antithesis of profitable growth. Yet, many companies struggle to move past traditional cost based pricing towards pricing strategies that capture value and competitive differentiators. These companies, without a plan for changing their pricing strategy, consistently leave money on the table. Add deal, product or project complexity and it may seem like your organization will never break the cost plus pricing habit. This session will explore how GE Oil & Gas drove change through implementing new pricing processes and tools, taking the first step forward towards value pricing and away from cost plus strategies. Attendees will follow the progress of one GE business along its pricing journey: creating a post-mortem deal review process, integrating competitive capacity modelling and establishing a benchmarking framework into the pricing process. Come see the pricing path GE is traveling and understand how pricing complex, customized solutions differs from high volume transaction-based pricing. Attendees will learn: • How to leverage existing data sources to support price benchmarking • What role post-mortem analysis can play in price setting • The value of integrating competitive capacity analysis into deal pricing • What the limits are of this approach 15:30 • KEYNOTE In his current role, Gnehm is building Subsea Systems’ pricing processes and infrastructure, driving pricing performance and creating a culture of pricing excellence. He is responsible for establishing strategic pricing approaches across the different P&Ls including the optimization of price strategy, setting, execution and the measurement of its impact on business performance. Gnehm’s oil and gas experience spans pricing, son and aviation fuels. Before GE, Gnehm led major projects advancing pricing strategy and tactics at Air BP for the North American jet fuel market as their Strategy & Operations Director. He holds an undergraduate degree in Rhetoric and Media Studies from Willamette University, an MBA in Finance and Strategy from the University of Iowa, and his CPP (Certified Pricing Professional) designation from the Professional Pricing Society. Pricing: A Brazilian Perspective With his experience in working with dozens of companies throughout Brazil and Latin America, and more than 25 years of involvement in international and global pricing, Frederico Zornig will provide an overview of what is working and what is not in the Latin American pricing arena. The presentation will link international pricing concepts with local practices, presenting case studies, best practices and some strategy adaptations that must be applied in order to be successful in a local pricing implementation in Latin American markets. Subjects such as price elasticity, pricing strategy, pricing policies, pricing software, and pricing surveys will be examined. Using a hands on approach, this presentation will provide recent project examples to demonstrate successful pricing strategy executions, as well as challenges faced during some recent pricing projects. In addition, this presentation will examine and analyze the impact on prices of local macro and microeconomic conditions, business environment and complex tax systems on the success of pricing strategies. Attendees will learn: • What is working in Brazil and what is not in pricing • Key challenges for local pricing implementation • Overview of business conditions in Brazil and how they affect pricing decisions 16:30 Speaker: Jesse Finch Gnehm Global Pricing Leader, GE Oil & Gas, Subsea Systems Presenter: Frederico Zornig Managing Partner, Quantiz Pricing Solutions Frederico Zornig is Founder and Managing Partner at Quantiz Pricing Solutions in Brazil, an independent pricing consultancy founded in 2006. Zornig has more than 25 years of professional, international experience in pricing, marketing and sales. He has written two books about pricing strategy which have been published in Brazil: Acerte o Preço e Aumente Seus Lucros (“Get your Price Right and Increase Your Profits”), NOBEL, 2007 and Decidindo o Caminho (“Choosing the Right Path”), NOBEL, 2006. He has also authored many pricing articles. Zornig was a professor at Fundação Getúlio Vargas in São Paulo, Brazil from 2007 to 2012 and worked for Johnson & Johnson in Brazil and the United States for eight years before founding Quantiz. Zornig holds an MBA from the University of Illinois and is a 2014 Ph.D. candidate at St. John’s University in New York. He is also a Six Sigma Master Black Belt. Conference Close pg. 10 PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE sponsors Quantiz is a pricing management-consulting firm that uses the powerful concepts of Six Sigma and Process Excellence to enhance its analytical skills in order to develop differentiated services and solutions. Our main goal is to improve our customers’ sustainable growth and profitability. Based in Sao Paulo, Brazil, the company was founded and is managed by Frederico Zornig, who has more than 16 years of international work experience as a high level executive at transnational PROS (NYSE: PRO) is an original big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 27 years of data science experience to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries. PROS has implemented more than 500 solutions in more than 55 countries. The PROS team comprises more than 650 professionals around the world. Website: www.prospricing.com companies and more than 8 years of experience leading pricing initiatives and projects. He has an MBA from the University of Illinois at Urbana-Champaign and is a PhD candidate in Pricing at International School of Management in New York. Frederico is also a certified Six Sigma Black Belt since 2002 and in now leading the Latin America chapter of the Professional Pricing Society. Website: www.quantiz.com.br Periscope™, a McKinsey Solution, offers a suite of insight-driven commercial performance solutions for many varied industries. Designed to improve commercial performance and manage pricing challenges, Periscope Price & Margin Optimization Solutions include Performance Vision, Market Vision, Price Advisor, and Deal Advisor platforms. Periscope Category Optimization Solutions include Promotion Advisor and Assortment Advisor platforms. Each solution combines ongoing data management, analytical insights, software tools, and capabilityenhancing support that deliver continuing client impact by embedding McKinsey’s IP into our client’s everyday way of working. Website: solutions.mckinsey.com/periscope information Included with your registration: • Conference attendees will receive a USB drive with all conference presentations. • Refreshments and lunch are served during Workshop & Conference days. • All Workshop participants are invited to our Networking Reception on 27 August. • Buy 2 products from the list below and get the 3rd one free. Offer expires 11 July 2014. • 4th Attendee Free – When 3 people register from the same firm at the same time, a 4th person may register for the Conference free of charge. • PPS Member Discount – For active Professional Pricing Society members. Single Annual Membership in PPS is $ USA 400 / $ BRL 900. The Corporate 5 Member plan is $ USA 1,000 / $ BRL 2,200; Corporate 10 Member plan is $ USA 1,500 / $ BRL 3,300; Corporate 20 plan is $ USA 2,500 / $ BRL 5,500 and the Corporate 100 Member plan is $ USA 5,000 / $ BRL 11,000. Explanation of Options and Prices: Option 1 — Conference + Full Day Workshop + CPP Bundle: The best of both worlds! This package is designed to get your CPP certification quickly without having to rely on subsequent budget approvals. The Package will allow you the opportunity to earn 6 CPP Credits. You will receive the Full Conference package including a Workshop of your choice on 27 August, a FREE Online Pricing Course, plus 4 additional Online Pricing Courses of your choice, as well as the CPP Certification Exam package — which includes the complete electronic study guide and access to online study sessions. Option 2 — Conference + Full-Day Workshop: For your maximum benefit, this option includes participation in one full-day workshop on 27 August, as well as the PPS Conference on 28 August. Vendavo is a leading provider of price management and optimization software for business-to-business companies worldwide. Vendavo Enterprise Pricing Suite solves pricing problems by giving businesses true enterprisewide control of their entire pricing process. It combines pricing science, pricing best practices, and enterprise-class software to drive small improvements in average prices at every stage of the pricing process, from segmentation to deal close. Together, these improvements deliver big increases in profits – from 10% to 30%. Vendavo is the enterprise pricing solution of choice for some of the world’s biggest names in chemicals, high-tech and industrial manufacturing, consumer products, mill products and distribution. SAP resells the Vendavo solution to its customers under its own name as SAP Price and Margin Management. Website: www.vendavo.com Option 3 — Full-day Workshop: Includes one full-day workshop on 27 August with 4 of PPS’s hands on workshops to choose from. Option 4 — Full-day Conference: Includes general session presentations on 28 August, with the opportunity to hear from 6 different keynote speakers. Payments, Substitutions and Cancellations You may make payment by electronic bank draft, wire transfer or credit card, or online at www.pricingsociety.com/BRAZIL2014. You may substitute attendees at any time prior to the start of the conference with no penalty. You may cancel by 1 August 2014 and receive a refund, minus a 20% administration fee. Housing Information The wonderful Sheraton World Trade Center Hotel in São Paulo, Brazil is the host for PPS Inaugural Latin American Pricing Workshops & Conference. Reservations should be made using the link provided on the PPS Website pricingsociety.com/BRAZIL2014. The Hotel will only hold the PPS block of rooms until 1 August 2014, that is about four weeks before the conference begins. We advise that you reserve your hotel room when you register for the conference or even before, if you are fairly certain that you will be attending. The Fairmont Hotel address is Nacoes Unidas Ave 12559, Brooklin Novo, São Paulo 04578-903 • TEL (55)(11) 3055 8000 REGISTER ONLINE AT: WWW.PRICINGSOCIETY.COM/BRAZIL2014 pg. 11 registration Please complete and submit 1 form per registrant. PPS Inaugural Latin American Pricing Workshops & Conference Registrant Name_____________________________________________________________ Title_________________________________________ Organization_____________________________________________________________________________________________________________ Address_________________________________________________________________________________________________________________ City________________________________________________________________________ State/Province________________________________ Country__________________________________________________________ Postal Code____________________________________________ Phone____________________________________________________________ One Free PPS Online Pricing Course Offer PPS offers one (1) Complimentary Online Pricing Course to all Workshop Attendees that complete and pass the post-workshop Online Quiz. E-mail____________________________________________________________ Please select your Conference/Workshop option: Option 1 •Conference + Full Day Workshop + CPP Bundle 27-28 August 2014 Non-Member $ BRL 11,000 / $ USA 4,995 Member $ BRL 10,400 / $ USA 4,695 Option 2 •Conference + Full Day Workshop 27-28 August 2014 Non-Member $ BRL 4,200 / $ USA 1,895 Member $ BRL 3,800 / $ USA 1,695 Option 3 • Full-Day Workshop Only • 27 August 2014 Non-Member $ BRL 3,100 / $ USA 1,395 Member $ BRL 2,500 / $ USA 1,095 Option 4 • Conference Only • 28 August 2014 Non-Member $ BRL 2,900 / $ USA 1,295 Member $ BRL 2,400/$ USA 1,050 REMEMBER: The 4th Attendee is Free! When 3 people register from the same firm at the same time, a 4th person may register for the conference free of charge. Simply duplicate this form when submitting multiple registrants. Attire is business casual. For your own comfort in meeting rooms, we recommend that you dress in layers. Three Ways To Register: 1. REGISTER & PAY. You may make payment by electronic bank draft, wire transfer, credit card, or online at: www.pricingsociety.com/BRAZIL2014 or fax this form to +1 770 509 1963. Credit Card: AMEX Visa MasterCard Discover (circle one) Credit Card #___________________________________________ Expiration date (MM/YY)_ ___________________ CVC______________________ 2. REGISTER AND REQUEST WIRE TRANSFER PAYMENT DETAILS: Natosha McNeal, PPS Registrar: Natosha@pricingsociety.com or fax: +1 770 509 1963. We will then send you our banking information for Wire Transfer Payment. 3.REGISTER AND PAY VIA ELECTRONIC BANK DRAFT: Natosha McNeal, PPS Registrar: Natosha@pricingsociety.com or fax: +1 770 509 1963. We will then send you our banking information for electronic drafts. PPS Membership: PLEASE SIGN ME UP for my 12 months PPS membership. By signing up, I know I will receive the member discount price for the above Latin American Conference. Individual $ USA 400 ($ BRL 900) Corporate (10 people) $ USA 1500 ($ BRL 3,300) . Corporate (5 people) $ USA 1000 ($ BRL 2,200) Corporate (20 people) $ USA 2500 ($ BRL 5,500) Special Needs: If you or someone in your group has special needs please list below: Disability (specify)_________________________________ (visual, hearing, mobility) Dietary restrictions: Vegetarian ___________________________ Kosher ___________________________ Other ___________________________ MAIL TO: Natosha McNeal, Registrar, Professional Pricing Society, 3535 Roswell Road, Suite 59, Marietta, Georgia USA 30062 PHONE: +1.770.509.9933 INTERNET: www.pricingsociety.com/Brazil2014 EMAIL: Natosha McNeal, Natosha@pricingsociety.com FAX: +1.770.509.1963 pg. 12 PPS INAUGURAL LATIN AMERICAN PRICING WORKSHOPS & CONFERENCE Reserve NOW and lock in th ese prices for our Inaugural Conference in São Paulo!