Global Pricing and Revenue Management Summit (3rd Edition) — Transcript

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1. 0:03We're in London for the global pricing
2. 0:05and revenue management summit by
3. 0:06Conferencia. We have two days of
4. 0:08keynotes, master classes and panels on
5. 0:11the most strategic and important topics
6. 0:13linked to pricing and revenue
7. 0:14management.
8. 0:16What I really liked about today's event
9. 0:18was that um it was not focused purely on
10. 0:21the AI. It was also filled in with lots
11. 0:23of practical information. There was a
12. 0:25nice mix of the presentations of the
13. 0:27panels and expert talks.
14. 0:30Today I've been presenting about
15. 0:32portfolio optimization and some key
16. 0:35pitfalls which we encounter very often
17. 0:37in the RGM space and also been part of a
18. 0:40panel discussing dynamic pricing. One
19. 0:43key takeaway about the conference has
20. 0:45been that when setting up an RGM
21. 0:47function, it's very important to think
22. 0:49first about the people, then the
23. 0:51processes, and then the technology and
24. 0:52making sure you've got the right talent
25. 0:54in the right place.
26. 0:57Today I presented about uh the
27. 1:00potentials of agentic AI and more so
28. 1:02what we need to do to be ready for that.
29. 1:04So very much a focus on uh people and
30. 1:07processes. It's a really nice kind of
31. 1:10event to hear about what others are
32. 1:11doing in industry but more so to to
33. 1:14network and and to connect with old
34. 1:16friends and meet new friends.
35. 1:20I was part of a panel uh of five
36. 1:23industry experts uh and we were
37. 1:25discussing the transition from moving
38. 1:27from valuebased pricing to a valuedriven
39. 1:29mindset. We talked about the frameworks
40. 1:31to use and the successes that come out
41. 1:33of that. So I'd absolutely recommend
42. 1:35this event not just to to pricing and
43. 1:37revenue management professionals but I
44. 1:39think it would be really great if we get
45. 1:41some seuite uh attendees. I think it's
46. 1:42really important that they have a good
47. 1:44view of what's happening in in the
48. 1:46pricing and revenue management world and
49. 1:47how they can support to keep moving uh
50. 1:49the the strategy and objectives forward.
51. 1:52>> I think that it would be great for some
52. 1:54board members, some founders who are not
53. 1:57yet sure where the pricing should sit in
54. 1:59their organization and if it's already a
55. 2:01good time for them to truly create a
56. 2:03pricing pricing position. The earlier
57. 2:05you think about it, the better outcome
58. 2:07you're going to achieve.
59. 2:08>> I would recommend this event to all the
60. 2:10pricing managers. the the business
61. 2:12owners, the CEOs because here you have
62. 2:15different organizations who are bringing
63. 2:16their own topics and their own
64. 2:18challenges and it's always good to learn
65. 2:20from others and also to know that you're
66. 2:22not alone.