Through a deep understanding of customer needs and the market and together with cross-functional collaboration, we solve your critical pricing and margin challenges
Pricing Strategy
Your pricing strategy supports you in achieving your corporate and marketing objectives. It builds a foundation for long-term profitable growth.
Develop & implement a pricing strategy to align with your business strategy
Understand your customers needs
Evaluate competitor offering
Articulate your value proposition
Capture value in your prices
Regain control of your pricing
Set prices with confidence
Implement discounting strategy and approvals
New Product Pricing
The majority of new product launches fail because they do not add value to customers and are not priced based on value to customers.
The product-marketing-price fit is not right
Using cost-plus or market pricing approach is destroying value
Our approach puts your customers' needs at the heart of the process to understand how your products and services create value for your customers relative to competition
Working with a cross-functional team, we identify the key features, benefits and thus the value drivers that are of high importance to customers and highly differentiated vs. competition. Thorough evaluation of competitive products is undertaken and a compelling value proposition is developed.
Price & Margin Management
If you are not managing your pricing policies and procedures, then you risk losing control. By not having firm policies in place, you fail to maintain price integrity and consequently lose credibility with customers.
We can significantly improve customer experience and support your Go-To-Market team by implementing a pricing system that manages customer, product and country price lists, establishes discount guidelines and automates price discount and margin approvals
We incorporate market intelligence, value creation, strategic intent and profitability
Price Increase Management
Buyers are very sophisticated, negotiating prices downwards and attempting to devalue your offering. Implementing successful price increases is becoming increasingly difficult.
Reactive decisions will have a detrimental impact on your business, customers, team and brand.
Detailed planning and execution is required to implement a price increase that actually sticks
We work with you to evaluate, plan, communicate internally and externally, execute and monitor price increase