Are Your Pricing Decisions Helping or Hurting Your Bottom Line? 🤥
Many business leaders believe that rising energy costs, inflation, or global supply chain issues are the biggest threats to their pricing decisions. But what if the real problem lies within their own operations? James, for example, is the CFO of a mid-sized food distribution company…
Price Trend Shifts Shaping Innovation in the Manufacturing Industry 🦿
The world of manufacturing pricing is evolving faster than ever. Staying ahead of every price trend is now critical for decision-makers in the industry. Yet, it’s easy to feel overwhelmed by the constant push of new strategies, technologies, and shifting customer demands. Let’s simplify the landscape…
Can You Win a Price War Without Engaging in Price Competition? 🔥
You run a successful company in a competitive market. Sales are steady, but then price competition intensifies—one competitor drops their prices, then another follows. Suddenly, customers expect discounts everywhere. You feel the pressure. Should you cut prices too? Or is there another way to compete? …
Proven Strategies for Pricing Jewellery That Will Boost Your Sales 💎
Jewellery retailing is a unique and emotional business. It’s not just about selling a piece of jewellery—it’s about selling meaning, memories, and sometimes even a symbol of love or achievement. But with so many retailers in the market, the challenge of jewellery pricing and maintaining customer trust…
Are These Drip Pricing Examples Driving Your Customers Away? 🫣
Hidden charges like these are everywhere. Hotels charge ‘resort fees’ for amenities you may not use. Event tickets come with hefty ‘convenience fees’ that don’t feel very convenient. Restaurants add ‘service fees’ to bills, avoiding visible menu price hikes. These are all drip pricing examples—a practice…
