OnDemand WTP Pricing Research

Tag: Distribution

Pricer’s Points: How to price – People | Jon Poley

Pricer’s Points: How to price – People | Jon Poley

This article is about getting your people and organisation right to optimise your pricing. Following articles on Governance and Strategy, it’s the next most important pillar in the series “How to price” looking at how to deliver your organisation’s pricing ambitions. Have someone wake up thinking about pricing every day. Outside of insurance and a […]

Pricer’s Points: How to price – Strategy | Jon Poley

Pricer’s Points: How to price – Strategy | Jon Poley

It seems that strategy is one of the most complex and nebulous subjects and developing a pricing strategy is no easier. To help, as with the rest of the articles in this “How to price” series, here are 5 actionable items to make your pricing strategy work. I’ve drawn on lessons from chess and quotes […]

Pricer’s Points: How to price – Governance | Jon Poley

Pricer’s Points: How to price – Governance | Jon Poley

In my experience nothing works well in pricing without getting governance right – I’ve seen smaller SMEs focus elsewhere and large enterprises assume their corporate governance will cover the specifics of pricing. If you want to be sure you’re not risking a lot or leaving money on the table by then please do read on. […]

Harnessing Big Data For Better Pricing Results | Professional Pricing Society

Harnessing Big Data For Better Pricing Results | Professional Pricing Society

Pricing strategies, like big data, can be key to improving profits in business. According to a study conducted by McKinsey & Company, even a 1 percent price increase can translate into an 8.7 percent boost in operating profits (assuming no loss of volume). However, companies continue to fail to price their products and services appropriately, […]

THE CPP SPOTLIGHT – Spring 2019 | Professional Pricing Society

THE CPP SPOTLIGHT – Spring 2019 | Professional Pricing Society

Announcing the most recent graduates with their Certified Pricing Professional Designations.  ATLANTA, GEORGIA, May 21, 2019- The Professional Pricing Society (PPS) is pleased to announce our recent Certified Pricing Professionals (CPP). Since 2003, individuals have joined the elite designation of the Certified Pricing Professional and used their knowledge to impact the field of Pricing. The […]

Common Mistakes to Avoid in a Profitability Overhaul | Modern Distribution Management

Common Mistakes to Avoid in a Profitability Overhaul | Modern Distribution Management

Claims vs. Reality In examining pricing strategy, members of the sales team will often say a distributor is overpriced in the market — don’t buy that claim, said Real Results Marketing Managing Partner Jonathan Bein, Ph.D. His company has done years of customer research that shows pricing is not a top factor for clients. When […]

Recession Preparation: Don’t Panic on Pricing Strategy | Modern Distribution Management

Recession Preparation: Don’t Panic on Pricing Strategy | Modern Distribution Management

Al Bates is on a quest. The principal at Distribution Performance Project wants to see if distributors can avoid the same mistakes made over and over again, each time the U.S. economy enters a downturn. “Generally, we tend to respond to a recession by cutting price,” he says. “That does nothing more than make a bad […]

MDM Classics: Grainger’s Pricing Woes | Modern Distribution Management

MDM Classics: Grainger’s Pricing Woes | Modern Distribution Management

W.W. Grainger is recognized as a leader in distribution e-commerce, but in 2017 the company realized that its traditional list price model might be deterring potential customers. In one of MDM’s most popular Premium articles of last year, Lee Nyari, managing partner of The Innovative Pricing Group, a consultancy offering strategic price management solutions for distributors, reported on Grainger’s […]

PPSDALLAS18 Pricing Workshops & Conference Event – A RECAP | Professional Pricing Society

PPSDALLAS18 Pricing Workshops & Conference Event – A RECAP | Professional Pricing Society

The Fall Pricing Workshops and Conference event was an incredible time in pricing marking another successful event! We hosted over 450 pricing professionals from all across the country and several from across the globe for a jam-packed week of education, networking and pricing fun. Keynote Speakers delivered messages to a room filled with business professionals interested […]

Thank you, Dallas: Vistaar’s PPS 2018 Recap | Pricing Matters

Thank you, Dallas: Vistaar’s PPS 2018 Recap | Pricing Matters

Many thanks to those who joined Vistaar at the PPS Fall conference in Dallas. There were many interesting pricing topics discussed, with lots of opportunities to socialize. We took note of the topics that surfaced most frequently: Using real-world examples of AI in B2B & B2C pricing; How to use various solutions to capitalize on […]