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crafting breakthrough pricing strategies

To be successful in the long term, organizations need to develop strategies that will be superior in tomorrow’s marketplace.   Approaching your pricing in a holistic fashion and assuring alignment with sales and marketing is critical for your success.

In this 1 ½  day seminar, you will learn in practical terms how to leverage data driven analytics, consumer insights, demand studies and pilot tests to develop or refine your holistic pricing strategy.   Using  a variety of industries and products as examples, we’ll help you navigate through the numerous challenges pricing teams face including overcoming aversion to risk, balancing price and price-value equations,  managing excessive focus on competitor actions, aligning organizations and balancing  short term profits with long term viability.

Topics for the 1 ½ -day Crafting Breakthrough Pricing Strategy seminar include:

Day 1

The Power of Pricing -  pricing as a key business driver
Current State Assessment – how to objectively assess your performance today
Consumer Insights -  using data and research to determine what your customers want and need and identify barriers to purchase
Creating a Dynamic Strategic Pricing Position – how to determine pricing objectives and the tools and procedures necessary to develop a strategy 
The Do’s and Don’ts for success – actual experience from the field of what to do and what not to do to help ensure the strategy is optimized 

Day 2

Crafting today’s, and tomorrow’s breakthrough pricing strategy – bringing it all together with an exercise to distill the key elements and steps for crafting and sustaining your organizations pricing strategy