How Apparel, Fashion, and Luxury are Resetting Value Creation Drivers Post-Pandemic 👚
The current economic crisis has caught the AF&L (Apparel, Footwear & Luxury) industry off guard. COVID-19 has destroyed several retail industries and AF&L is no exception. The outcome of social and economic shutdowns presents remarkable challenges for leaders in this industry. What is the role of…
Price and Value: Discover Whether Prices are Really Relative
Humans are not great at discerning value regarding prices. To determine value people naturally rely on a relative comparison. This article explores the risk associated with cost plus and relative pricing, demonstrating the human cognitive biases and blind spots associated to evaluating value and setting prices in B2B industrial markets.
What to Do When your Potential Clients are Indecisive about your Offer
Technological advancements have a tremendous impact on businesses and commercial activity. Admittedly, modernisation has resulted in increased efficiency and profitability in production, communication, purchasing, distribution, and advertising. Nonetheless, all the rapid shifts and adjustments, such as an influx of available information, can generate uncertainty and indecision…
Job Transformation Does Not Mean Job Replacement
We have heard some CEOs contest the longevity of the knowledge-based economy. As AI and digitisation take a stronghold across most businesses and in nearly all industries, many CEOs are wondering if artificial intelligence will replace jobs. However, job transformation does not need to mean job…
Price Ratio Analysis Explained: How Is It Important To Companies? ⚖️
Price ratio analysis or price-to-earnings ratio is a valuable concept for both investors and businesses alike that helps determine the relative values of shares. It is referred to as the direct relationship between the market prices of a company’s shares and its earnings. What exactly is…