| Pricing
Strategies for Value
In many ways pricing is the most important determinant
of shareholder value. For a typical company a
5% price increase will boost operating profits
by more than 50%. It is the only element of the
marketing-mix that directly produces revenue.
Price changes have a much greater short term impact
on both profits and sales than do advertising
and other marketing-mix changes. Despite the importance
of pricing few organisations implement effective
price strategies.
Third Eye
can help you develop effective value-based pricing
strategies. We will show you how your current
pricing decisions are impacting your business
results and explain how to strengthen your approaches
to price implementation. We can help you make
more effective price decisions, outline key issues
in designing product-line, customised, international
and promotional pricing policies. We will show
you how to plan price changes and manage pricing
to ensure effective price realisation.
Client Value
- Brand reinforcement through value based pricing.
- Enhanced bottom line results in increased
shareholder value.
- Greater confidence in pricing decisions.
- Increased customer loyalty and barriers to
competitive entry.
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