Top 6 – November 2018

timjsmith

Tim J. Smith, PhD
Founder and CEO, Wiglaf Pricing

Published November 30, 2018

“Yesterday Amazon Web Services (AWS) CEO Andy Jassy announced the launch of Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain according to Zdnet. He acknowledged that clients want more than just a database when using blockchain technology.” News BTC

 

  1. E-commerce giants must keep up with evolving, technological trends
  2. Their livelihood lives and dies in digital format
  3. Therefore their monetary transaction should be upheld to a certain encrypted standard
  4. Will blockchain be better understood now?
  5. How will the immutable benefits of having a secured record of transactions help Amazon’s already booming business?
  6. Could the implementation eventually impact pricing in the consumer’s favor?

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About The Author

timjsmith
Tim J. Smith, PhD, is the founder and CEO of Wiglaf Pricing, an Adjunct Professor of Marketing and Economics at DePaul University, and the author of Pricing Done Right (Wiley 2016) and Pricing Strategy (Cengage 2012). At Wiglaf Pricing, Tim leads client engagements. Smith’s popular business book, Pricing Done Right: The Pricing Framework Proven Successful by the World’s Most Profitable Companies, was noted by Dennis Stone, CEO of Overhead Door Corp, as "Essential reading… While many books cover the concepts of pricing, Pricing Done Right goes the additional step of applying the concepts in the real world." Tim’s textbook, Pricing Strategy: Setting Price Levels, Managing Price Discounts, & Establishing Price Structures, has been described by independent reviewers as “the most comprehensive pricing strategy book” on the market. As well as serving as the Academic Advisor to the Professional Pricing Society’s Certified Pricing Professional program, Tim is a member of the American Marketing Association and American Physical Society. He holds a BS in Physics and Chemistry from Southern Methodist University, a BA in Mathematics from Southern Methodist University, a PhD in Physical Chemistry from the University of Chicago, and an MBA with high honors in Strategy and Marketing from the University of Chicago GSB.