Four Ways to Get More Out of Pricing Analytics
Powerful Strategies for Producing More Meaningful Results from Your Pricing Analytics Efforts and Investments
There's no doubt that pricing analytics can be powerful—both as a toolset and as a business process. But it’s not a slam dunk. Contrary to the hype, analytical toolsets don’t provide benefits out-of-the-box. You can’t just install them, load them up with data, and expect results. In this guide, you will learn:
- How to avoid falling into the typical "reporting" trap and develop truly meaningful objectives behind your efforts.
- The various types of "growth drivers" you should be focusing your analyses on to generate significant impacts.
- The critical foundation that can make your pricing analyses far more accurate, relevant, and credible to others.
- The fatally-flawed assumption behind many analytics initiatives and what you can do to avoid the same mistake.
This guide is just one of hundreds of educational resources you get access to as a PricingBrew Journal subscriber.
More Subscriber-Only Resources From Our Library
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The Price Segmentation Self-Assessment
Simply answer the questions in this self-assessment (objectively) to gauge the likely quality, accuracy, and efficacy of your price segmentation model. You can assess overall quality, as well as pinpoint specific opportunities for improvement.
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Pricing Through Uncertainty
As pricing pros, we're expected to make weighty decisions with imperfect information. How do we "illuminate" the landscape a bit? What steps can we take to reduce the ambiguity, uncertainty, and risk?
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Timing Your Pricing Actions for Success
The timing of your pricing actions can greatly influence how those actions are perceived and received. In this Express Guide, learn how to time your pricing actions to minimize conflict and maximize acceptance.
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"Better" Practices for Pricing Improvement
That lofty place of "best practice" can sometimes seem very far away. Fortunately, pricing has so much power that amazing results can be generated by just getting "better." In this webinar, learn how to adapt best practices in less than ideal situations.
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