What Supermarkets Can Do When Their Price Is Too High For Consumers π§¨
In any successful business, the alignment of price, value, and consumer’s ability to pay is paramount. For businesses, especially those selling essential goods like supermarkets, pricing plays a crucial role in ensuring affordability for their target market. It’s essential to strike a balance between offering…
Why Sustainable Supply Chain Strategy Is A Challenge In The Manufacturing Industry π
Covid-19 variants have caused supply chain disruption, bottlenecks, and general chaos across the world in major industries. Some companies are looking for a sustainable supply chain strategy as shipping industries have doubled their waiting lines to the point that delays are expected to last until…
Value-Based Subscription Price Increase Strategies For Streaming Services ππ»ββοΈ
The subscription price of content streaming services continues to increase. Netflix, Hulu, Disney+, Paramount+, and Apple TV+ have all just announced pricing increases, which means viewers will have to spend more money to continue watching their favourite series and movies. The reality is that this…
Pricing Executive Search π©βπ»: Standard Hiring Process Is Broken and Flawed
Talent and opportunities abound when you have the insight to identify them, the skills to locate them, and the ability to distinguish the best options. However, the challenge lies in the fact that numerous Australian companies follow conventional recruitment procedures that provide limited filtering capabilities…
Product Management & Pricing Strategy Development For FMCG Companies π₯«
While inflation is gradually becoming more manageable for businesses, it’s important to note that challenges persist. Particularly, the fast-moving consumer goods (FMCG) sector continues to grapple with various issues. These challenges include supply chain disruptions, rising production costs, and changing consumer preferences. Therefore, even as…