BUY WITH CONFIDENCE
DESCRIPTION
- In many industries, price is a crucial lever for driving higher profitability. Nevertheless, many companies do not use a systematic process for price management. Applying best practices to the tactical execution of a price increase can significantly improve yield and help the organization to "kick-start" a successful long-term price management system.
• A combination of skills, resolve (will), targeted external communications, and internal controls are needed to achieve optimal results. A number of best practices presented here can be used to build these capabilities.
• The sense of urgency sparked by a price increase creates ideal conditions for a tactical execution team to operate. The need to stay on a very disciplined timeline and hit aggressive deliverable targets forces a level of commitment that helps drive institutionalization of the best practices
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Source: Best Practices in Pricing Strategy PowerPoint Slides: Best Practices in Price Increase Execution PowerPoint (PPT) Presentation, Documents & Files
OVERVIEW
Pricing Strategy Growth Strategy Cost Reduction Assessment Product Strategy Porter's Five Forces Financial Modeling Environmental Analysis Consumer Behavior B2B SaaS Management Accounting Costing Workshops Industry Analysis Market Research Product Launch Strategy Business Case Example Strategic Planning Strategic Analysis Strategic Sourcing Business Case Development Customer Insight
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