Improve Your Ability to Set Prices
PROBLEMS indicating a need to set better pricing: |
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Customers’ insistence on greater price discounts
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Successful low-end competitors
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Third place relationships with the industry's largest customers
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New entrants to the market
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“Last Look” spreading rapidly in the market
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Falling price environment for the industry
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Withdrawal of industry capacity
SOLUTION: More Effective Pricing |
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Find
opportunities to improve revenues with better pricing-
Future prices and margins: Where are prices heading?
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Pricing guidelines: How can you price strategically?
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Near-term opportunities: Can better pricing improve your margins?
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Competitive responses: Will competitors respond to your price leadership?
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Use
components of price to change pricing-
Alternative pricing levels: Can you get better control of price discounts?
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Components of price: Can you use more components for better pricing?
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<<Return to Set Pricing to Improve Margins and Market Share