Tag: Manufacturers

Take Advantage of Minimum Advertised Pricing – Read These 4 Reasons Why | Small Business Trends

Take Advantage of Minimum Advertised Pricing – Read These 4 Reasons Why | Small Business Trends

Minimum advertised pricing policies are a big deal for small businesses. They sell goods and services through resellers both off and online. Specifically, if you run a retail or online business, these policies help by protecting brand reputation, preserving the price margins designated for authorized sellers and bumping revenue growth for everyone involved. The idea […]

HomeSphere Continues New Product Offerings with HomeSphere-IQ | CISION

HomeSphere Continues New Product Offerings with HomeSphere-IQ | CISION

DENVER, March 20, 2018 /PRNewswire/ — HomeSphere, the country’s largest digital marketplace connecting major building product manufacturers and local builders, launched its newest product offering today. HomeSphere-IQ™ is a homebuilding insight platform for building product manufacturers that once again raises the bar for what to expect from a rebate management program. HomeSphere-IQ provides intelligence for […]

GSA’s Murphy sees another path to reduce commercial pricing burden on vendors | FederalNewsRadio.com

GSA’s Murphy sees another path to reduce commercial pricing burden on vendors | FederalNewsRadio.com

If you aren’t familiar with TDR and wondering what’s the big surprise, let me catch you up a little. GSA developed the TDR initiative to replace the dreaded commercial sales requirement and its corresponding price reduction clause in June 2016. The Commercial Sales Practices regulation requires contractors to disclose to GSA details of any discounts […]

Accell Presents Dealer Focused Omni-Channel Set-Up in US | Bike Europe

Accell Presents Dealer Focused Omni-Channel Set-Up in US | Bike Europe

In order to tackle disruptions caused by high discounts advertised by webshops, Accell North America is changing its price policy from Manufacturer’s Suggested Retail Pricing (MSRP) to Minimum Advertised Pricing (MAP). Equal ‘advertised’ pricing Minimum Advertised Pricing is the lowest price a retailer and/or webshop can advertise the product for sale. Not the lowest price […]

Fujifilms hopes to click by focussing on instant, professional cameras | Business Line

Fujifilms hopes to click by focussing on instant, professional cameras | Business Line

With mobile phones taking over the compact digital camera category, Fujifilms is now focussing on two segments – professional and instant cameras, to get its growth in India. “India is a tough market and it is difficult to make money here since it is not a homogeneous market. Besides, there constraints like logistics, warehousing and […]

More Manufacturers are Adopting Minimum Advertised Pricing Policies | Pet Product News

More Manufacturers are Adopting Minimum Advertised Pricing Policies | Pet Product News

Several pet product manufacturers adopted minimum advertised pricing (MAP) policies recently, demonstrating a commitment to supporting the independent pet specialty channel. The Company of Animals, a U.K.-based manufacturer of pet behavioral and training gear products, announced this spring that it was establishing rigorous policy designed to create a level playing field for its North American […]

Six Sigma Pricing – 99% Good is Just Not Good Enough! | Strategic Pricing Associates

Six Sigma Pricing – 99% Good is Just Not Good Enough! | Strategic Pricing Associates

“Basic human processes are 4 Sigma at best … 99% good is just not good enough.” Greg Preuer – Former Pricing Director at Cooper Lighting and General Electric The Power of the Last 1% One glaring example follows about healthcare related mistakes. Using a standard process performance at 3.8 Sigma (99%) nets 200,000 wrong drug […]

Manufacturers Prioritise Direct-to-Consumer eCommerce stores as They Accelerate Their Approach to Selling Online | MilTech

Manufacturers Prioritise Direct-to-Consumer eCommerce stores as They Accelerate Their Approach to Selling Online | MilTech

In addition, there are further challenges of working with Amazon, respondents named three in particular: the ability to manage product reviews, concerns around fulfilment, and the ability to control their own pricing strategy. WBR conducted research with 130 senior decision makers at major manufacturers in Europe and the USA. Survey respondents included; VPs, Heads of […]

SPA Featured in The Distributor Channel article “Applying Black Belt Principles to the Pricing Process” | Strategic Pricing Associates

SPA Featured in The Distributor Channel article “Applying Black Belt Principles to the Pricing Process” | Strategic Pricing Associates

SPA was featured in a recent The Distributor Channel article, “Applying Black Belt Principles to the Pricing Process”, which discusses how distributors can apply Six Sigma methodology to the pricing function to generate repeatable margin gains and why a solid pricing process is an essential part of any strategic initiative. Excerpts of the article follow. “Initially, Black […]

The PLUS-Pricing Assessment | Manufacturing Business Technology

The PLUS-Pricing Assessment | Manufacturing Business Technology

The Challenge of Choosing a Pricing Strategy The rate of innovation in technology hardware has been accelerating over the past decades. However, a major challenge is defining an optimal launch pricing strategy to realize the new product’s full potential. If the launch price is set too high, the product will get rejected by the market; […]