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Contextual Pricing: The Death of List Price and the New Market Reality
book

Contextual Pricing: The Death of List Price and the New Market Reality

by Robert Docters, Michael Barzelay, John G. Hanson, Cecilia Nguyen
November 2011
Intermediate to advanced
256 pages
6h 35m
English
McGraw-Hill
Content preview from Contextual Pricing: The Death of List Price and the New Market Reality

Introduction to Contextual Pricing

Everything should be made as simple as possible, but not any simpler.

ALBERT EINSTEIN (C. 1933)

We would all like to cultivate better pricing at our companies: pricing models that fit the market, an optimum price tag, strongly supportive systems, and foundational price strategy. We would like pricing coherent with brand, product, and channel, which inspires confidence—and is as simple as possible.

Many smart people have proposed simplifying principles to help explain pricing results. Value, costs, messaging, and customer frames of reference have all afforded insight. Each construct offers a crisp and simple explanation—but appears to fail in some market situations. Those failures are painful when encountered, ...

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Publisher Resources

ISBN: 9780071772464