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Smarter Pricing: How to capture more value in your market
book

Smarter Pricing: How to capture more value in your market

by Tony Cram
January 2005
Intermediate to advanced
232 pages
5h 35m
English
Pearson Education Canada
Content preview from Smarter Pricing: How to capture more value in your market

You’ve got to be different: ban commodity thinking

Credible positioning depends on differentiation and again this must be dynamic. In other words, the difference must be maintained even as competitors attack. Inferior competitors will try to draw parallels. Yet in the customer’s mind there must be clear, continuing and relevant differentiation in order to justify higher prices.

If you think you have a ‘price problem’, it may be more to do with the rest of the proposition failing to justify the price in comparison with rivals.

Everything can be differentiated. As soon as the customer believes that two products offer the same benefits, then commodity buying comes into play and price becomes the decider. Ban commodity thinking. Focus on differences. ...

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Publisher Resources

ISBN: 9780273706137Purchase book