Diagnosing Pricing Problems
How to Identify the Real Root-Causes Behind Pricing Performance Issues
When companies stop at a default diagnosis of, “Something’s wrong with the pricing,” they never identify and fix the true root-causes of the issues. Instead, they erode their margins further trying to “fix” the symptoms through price reductions, larger discounts, or worse. And thus begins a downward spiral as pricing “fixes” lead to more pricing “issues”…which then lead to even more “fixes”…that cause even more serious “issues.” On and on, the symptoms get worse and the real problem is never corrected. In this subscriber-only training webinar, you will learn about:
- Why pricing is such an effective scapegoat for the various issues and problems a B2B company may encounter along the way.
- The most common...yet, often unrecognized...root-causes that are ultimately responsible for many pricing "symptoms."
- An incredibly straightforward diagnostic technique you can get in the habit of using to avoid jumping to simplistic conclusions.
- Numerous real-world examples of seemingly obvious pricing problems that were really just symptoms of problems elsewhere.
This webinar 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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Managing Your "Minimum Advertised Price"
Many manufacturers have augmented their channel strategies with MAP (Minimum Advertised Price) policies. While not a panacea, MAP policies can mitigate many channel control and conflict issues. In this guide, we expose 20 strategies and tactics for more effective MAP policies and programs.
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Assessing Your Pricing Capabilities
While you might think your pricing capabilities are pretty good, how do you really know? How can you tell? In this on-demand webinar, learn how to leverage "3 P" assessments to figure out where you're at and where you need to improve.
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The Marketing Research Analysis Guide
The Marketing Research Analysis Guide will help you interrogate your marketing research findings to gain strategic insights and identify opportunities for truly meaningful action.
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Are They a Price Buyer or a Poker Player?
It's easy to assume that when a buyer says they need a lower price, they really mean it. But making the wrong assumption can be very costly. Nelson Hyde explains how to tell when a buyer is bluffing.
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