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Jared Smith is the CEO of PriceSmith, a consulting firm specializing in pricing strategies for distributors and light manufacturers. With a background in pricing systems from Vendavo and experience as an adjunct professor at Oklahoma State, Jared brings a wealth of knowledge to the table. He is passionate about helping companies optimize their pricing strategies to capture more value. In this episode, Jared shares his journey from Frito-Lay to leading pricing innovation in the B2B distribution space. Together, they explore the key distinctions between B2B and B2C pricing models, especially the negotiation-heavy and data-rich nature of distribution. Why you have to check out today's podcast: Learn about the differences between B2B and B2C pricing strategies. Understand the role of pricing systems in managing large SKU portfolios in distributorship. Discover how to effectively segment customers for better pricing strategies. “Invest in your master data and keep chipping away at it. Start with 80/20 of your products and get that right.” – Jared Smith Topics Covered: 01:42 - Jared shares how he got into pricing after his MBA and experiences at Frito-Lay and in B2B distribution. 02:57 - Discussion on the differences between B2C and B2B pricing, including transparency and data access. 06:06 - Challenges in understanding why customers buy and the limitations of data analytics. 12:55 - Jared explains his focus on distribution and the unique challenges it presents. 14:40 - Discussion on the relevance and limitations of cost-plus pricing in distribution. 19:17 - Exploration of how to implement good, better, best pricing in distribution. 25:28 - Discussion on whether distributors publish prices or rely on quotes for transactions. 26:33 - Jared shares insights from Uber experiences and how they relate to distribution pricing. 31:27 - The impact of customer loyalty on pricing strategies and potential risks. 32:55 - Jared's key piece of advice on investing in master data for better pricing strategies. 33:58 - Connect with Jared. Key Takeaways: “Distribution is an amazing thing. Obviously, it's worldwide. And the simple fact of it, it has two very unique aspects. The first one, a lot of SKUs. And then, the second one is that you have a lot of customers.” – Jared Smith People/Resources Mentioned: PriceSmith: https://www.pricesmith.com/ Vendavo: https://www.vendavo.com/ Oklahoma State University: https://www.okstate.edu/ Pepsi: https://www.pepsi.com/ Frito-Lay: https://www.fritolay.com/ Coca-Cola: https://www.coca-cola.com/ Apple: https://www.apple.com/ LG: https://www.lg.com/ Uber: https://www.uber.com/ Lyft: https://www.lyft.com/ Connect with Jared Smith: LinkedIn: https://www.linkedin.com/in/jaredpaulsmith/ Email: jared@pricesmith.com Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/ Email: mark@impactpricing.com
Brian Noe, Rich Ohrnberger, and Jared Smith talk about the storylines leading up to the NFL Draft, Aaron Rodgers comments on his split from the Jets, their shock factor for different possibilities in the draft, if the Titans are truly making the right pick with Cam Ward, and more! Plus, Parlay Platter, Prop It Up, Rapid Fire, and Follow the Money with Seamus Magee!See omnystudio.com/listener for privacy information.
Rob & Kelvin debate what the Giants should do at the 3rd pick in the draft if they have the choice between Shedeur Sanders or Travis Hunter, Jared Smith of FSR’s Countdown Presented by BetMGM joins the show, another edition of One’s Gotta Go, and more!See omnystudio.com/listener for privacy information.
Rob & Kelvin are joined by The Athletic Mavericks writer Christian Clark, Jared Smith of FSR’s Countdown Presented by BetMGM stops by, and why the guys don’t buy the Warriors as real contenders.See omnystudio.com/listener for privacy information.
Jared Smith, driver of CyberAttack, joins the Mixed Culture Crew today to talk about his reign to power! The Valvoline/Tire One Toughest Monster Truck Tour CHAMPIONSHIP Weekend RETURNS to Alerus Center on Saturday, April 19! This is the event that will determine WHO will be the 2025 Tour Champion-last year it came down to the nail-biting final seconds for the winner to be determined. #MixedCulturePod #RooseveltAndKimi #PodcastHost #PodcastLife #OnTheMic #CyberAttack #monstertrucks #valvoline #DCTPowersports #jaredsmith #mixedculturepodcast #aleruscenter #visitgreatergrandforks #grandforks #viralpodcast #gfbs #MixedCulturePodcast Follow, like subscribe, and stream us on... Spotify https://open.spotify.com/show/3MXDNtT... Amazon Music https://music.amazon.fr/podcasts/115d... Apple Music https://podcasts.apple.com/us/podcast... Youtube / @mixed_culture2023 Facebook Mixed Culture with Roosevelt and Kimi
Brian Noe, Rich Ohrnberger, and Jared Smith talk about Rory McIlroy's big finish to the second round in The Masters, Ja Morant's new celebration, how recent QB news in the NFL alters the first 10 picks of the NFL Draft, Nico Iamaleava & Tennessee part ways, and more! Plus, Rapid Fire, Parlay Platter, and Prop It Up! See omnystudio.com/listener for privacy information.
Femi Abebefe & Jared Smith react to the breaking news surrounding Derek Carr's availability for the start of the season. The Film Room's Brett Kollmann joins the show to talk all things NFL Draft! Plus, the guys give a Masters update as Round 2 wraps up. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Femi Abebefe & Jared Smith share their thoughts on what they've seen so far from The Masters! Plus, the guys sweat out their Bryson DeChambeau outrights To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Femi Abebefe & Jared Smith are LIVE! Femi & Jared react to everything from the second round at The Masters and dive into the latest NFL Draft rumors. Plus, the guys react to the breaking news surrounding Derek Carr's injury. Brad Thomas, Zach Harper, Mary Kay Cabot, Nick Friedell and Bret Kollmann join the show! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! Femi Abebefe & Jared Smith break down what the Saints might do in the first round of the NFL Draft with Derek Carr's availability in question. Audacy NBA Insider Nick Friedell joins the show to talk all things NBA! Plus, the guys give out their best bets for tonight. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Femi Abebefe & Jared Smith open the second hour with their thoughts on the first round at the Masters! The guys react to Tennessee's QB Nico Iamaleava holding out for a new contract during Spring Practices. Plus, Browns reporter Mary Kay Cabot joins the show to share the latest she's hearing about Cleveland's draft picks. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Jared Smith & Femi Abebefe are LIVE! The guys react to everything they've seen from the second round of the Masters! Plus, Brad Thomas & Zach Harper joins the show! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's Gambling Night in America! Femi Abebefe & Jared Smith give out their best bets for tonight! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! Femi Abebefe & Jared Smith react to the breaking news surrounding Derek Carr. Plus, the share their thoughts on Rory McIlroy's second round at Augusta. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Femi Abebefe & Jared Smith react to the breaking news surrounding Derek Carr! Plus, the guys discuss who they think New Orleans will draft in the first round. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Femi Abebefe & Jared Smith react to Nico Iamaleava holding out of Tennessee's spring game for a new contract. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Rob & Kelvin talk Ja Morant finding himself in trouble again, Jared Smith joins the show, and ranking the top 3 college basketball players of all time.See omnystudio.com/listener for privacy information.
Rob Parker & Kelvin Washington talk about the Grizzlies Ja Morant getting fined for a finger gun gesture after doing it AGAIN, Jared Smith of FSR’s Countdown joins the show, asking if it’s time for the Lakers to panic after their loss to the Warriors, and more!See omnystudio.com/listener for privacy information.
Brian Noe, Rich Ohrnberger, and Jared Smith preview tonight’s massive college basketball matchups, discuss Cooper Flagg winning AP Player of the Year, debate the rule changes that passed and were tabled in the NFL this year, one Hall of Fame QB thinks Aaron Rodgers is still waiting for one thing, thoughts on the Women’s Final Four, and more!See omnystudio.com/listener for privacy information.
The Phillies are 5-1 after Taijuan Walker pitched six scoreless innings on Thursday against the Rockies.It was a great day for Walker, whose mother cried tears of joy from the stands at Citizens Bank Park. It hasn't been an easy year for Walker, who has been booed in Clearwater, Washington and Philadelphia in just the past couple weeks. Walker was more than just a good baseball story on Thursday. He was a great human story.We preview this weekend's series against the Dodgers, and talk Money Moves. Specifically, torpedo bats! We caught up with Victus Sports founder and CEO Jared Smith, whose bat manufacturing business is in King of Prussia. He hand-delivered bats to Phillies players just an hour before Monday's home opener.This week's episode is brought to you by Citizens! From making a plan to reaching your goals, make sense of your money with Citizens – official bank of the Phillies. Love The Phillies Show? You can purchase your very own Phillies Show t-shirt by 47 Brand here! We've got maroon and powder blue shirts in stock!@The Phillies Show Subscribe to the show on YouTube and follow us on social media!@Foul Territory We're part of the Foul Territory Network. Follow FT and find more shows, including Fair Territory!If you like The Phillies Show, subscribe and give us a five-star review!
BetMGM Network's Jared Smith joins the show to break down his favorite Round of 4 bets. Plus, Jared dives into the MLB betting markets. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Brian Noe, Rich Ohrnberger, and Jared Smith talk about the men's college action, how much chalk we've seen so far, the latest from the NBA and NFL, picks for today's game, and much more! See omnystudio.com/listener for privacy information.
On this MADM, Jared Smith is sharing his perspective as a spouse of April Smith who is living with colon cancer. Listen & share. Sponsor: Bob Sykes Bar B Q BobSykes.com
In this hour of Cashing Out, host Joe Ceraulo recaps today's college basketball games. Plus, Jared Smith, Betting Analyst for Fox Sports Radio joins the show to preview the rest of the NCAA tournament.See omnystudio.com/listener for privacy information.
Brian Noe, Rich Ohrnberger, and Jared Smith preview the days' action in men's college basketball, all the latest from around the NFL, remembering George Foreman, and more! Plus, Parlay Platter, Follow the Money, Prop It Up, and Rapid Fire! See omnystudio.com/listener for privacy information.
In this hour of Cashing Out, host Joe Ceraulo is joined by Wes Reynolds who discusses the NCAA tournament. Plus, Jared Smith, Betting Analyst at Fox Sports Radio joins the show to discuss his college basketball thoughts after Selection Sunday. See omnystudio.com/listener for privacy information.
Brian Noe, Rich Ohrnberger, and Jared Smith recap College Basketball Conference Tournament action, talk about Cooper Kupp heading north to the Seattle Seahawks, the NBA investigating teams for resting players, the latest drama out of Dallas involving Micah Parsons and DeMarcus Lawrence, and previews for all the action on Saturday and Sunday! Parlay Platter, Prop It Up, Follow the Money with Seamus Magee, Rapid Fire, and more! See omnystudio.com/listener for privacy information.
It's PJ Glasser & Jared Smith are IN for Nick Kostos & Femi Abebefe. PJ & Jared hit on the latest NFL Free Agency moves, including the latest around Justin Fields to the Jets. Plus, the guys dive into some of their favorite Conference Tournament bets. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's Gambling Night in America! PJ Glasser & Jared Smith break down their best bets for tonight! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith are IN for Nick Kostos & Femi Abebefe! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! PJ Glasser & Jared Smith break down their thoughts on the Vikings signing Daniel Jones. John Fanta joins the show to preview the Conference Tournament games. Plus, the guys give out their best bets for tonight! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith break down the latest NFL Free Agency moves, including Geno Smith to the Raiders. Plus, the guys dive into the latest NFL MVP odds. SI's Matt Vincenzi joins the show to break down his favorite bets for The Players Championship. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith break down their favorite bets for the ACC, Big 10 & the Big 12 Tournament. Plus, Matt Vincenzi joins the show to break down their favorite bets for The Players Championship. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Fox Sports' John Fanta joins the show to preview Conference Tournament week with PJ Glasser & Jared Smith! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! PJ Glasser & Jared Smith break down their thoughts on the QB Competition between Daniel Jones vs Anthony Richardson. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith dive into the updated NFL MVP market, and discuss which quarterback they think will take a big leap this season. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith dive into their favorite bets for the Big 12 tournament. Plus, the guys share their favorite tournament sleepers for March. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith break down how they're looking to bet the ACC Tournament. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith react to Sam Darnold signing with the Seattle Seahawks. Plus, the guys dive into the teams left for Aaron Rodgers to sign with. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith dive into the updated NFL Free Agency news. The guys discuss Justin Fields, Anthony Richardson vs. Daniel Jones, and MUCH MORE! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith are LIVE on this Tuesday! The guys break down their favorite bets for today's Conference Tournament bets. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith dive into their favorite mid-major sleeper picks for the tournament in March! Plus, John Martin joins the show to preview Saturday's College Hoops slate. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! PJ Glasser and Jared Smith give out their best bets for Saturdays College Games. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
In Hour 2, Jared Smith & PJ Glasser discuss the free agency possibilities for Cleveland and Las Vegas. Plus, the guys give out their College Basketball bets for today. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith are in for Nick Kostos & Femi Abebefe. The guys react to last night's College Basketball slate and break down the Lakers big win over the Knicks last night. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's Gambling Night in America! PJ Glasser & Jared Smith give out their best bets for tonight. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith are IN for Nick Kostos & Femi Abebefe today. PJ & Jared dive into all of Saturday's loaded College Basketball slate, including Alabama-Auburn! Plus, the guys talk Browns, Raiders, and share their thoughts on Cam Ward vs. Sheduer Sanders. John Martin joins the show to preview Saturday's College slate. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
PJ Glasser & Jared Smith dive into their best bets for Saturday's College Basketball slates. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! PJ Glasser & Jared Smith open the hour with their thoughts on Cam Ward vs. Sheduer Sanders. Plus, the guys break down what could be next for Cleveland this offseason. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
It's the NBC Sports Now Power Hour! PJ Glasser & Jared Smith give out their best bets for Friday's games! Plus, NBC's Jay Croucher joins the show to talk NFL Futures, NBA Awards and much more! To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices