What Kraft Heinz Mistakes Teach Us About Effective Pricing Strategy 🥫
Kraft Heinz has long been a giant in the food industry. But even the biggest names face challenges in implementing an effective pricing strategy. Last year, the company implemented a modest price increase of 1.2%, boosting profit margins to an impressive 34.3%. However, this wasn’t the…
How Companies Can Deal With The Effects Of High Inflation And Prices 📱
As prolonged inflation rises all over the world, many industries are struggling to cope with the Covid-19 pandemic’s economic damage. More companies are facing staff shortages, component delivery delays, and high costs due to supply chain issues. As a result, it has eroded margins of up…
Are Cloud Providers Missing the Point with Their Pricing Models? ☁️
Cloud computing drives modern business, offering flexibility, scalability, and innovation. Yet, recent accusations against Microsoft remind us that success comes with responsibility. The UK lawsuit alleging Microsoft’s predatory pricing exposes a critical challenge in the cloud industry: how to price services fairly without alienating customers or…
How Aftermarket Parts Companies Can Implement Dynamic Pricing 🏍
Aftermarket parts pricing in the Industrial Equipment Industry could be a gold mine for manufacturers and distributors alike. Price optimisation, in particular, has really turned out to be a successful way for aftermarket distributors to maximise margins without sacrificing volume across thousands of part prices. One…
What Every OEM Should Know About Heavy Equipment Value Pricing 🚜
Inflation is slowing, but prices in the heavy equipment industry continue to rise. The challenge for OEMs (Original Equipment Manufacturers) is that customers are becoming more price-sensitive and expect lower costs. So, how can you set heavy equipment prices that cover costs, meet customer value expectations,…
