Competitive Insights for More Strategic Pricing
How to Gain a Deeper Understanding of Your Competitors and Avoid Unnecessary Pricing Battles
When people think about pricing and the competition, they often think about the specific price-points their competitors are putting into the marketplace. They think about the tradeoffs and gaps associated with side-by-side feature and function comparisons. They tend to dwell on the bid they lost to a competitor last week. But for truly strategic pricing, you need to get beyond the tactical. In this guide, you'll get access to:
- The 3 angles you need to look at your competitors from to to get a strategic understanding of their approaches.
- The critical questions you'll need to ask and answer that can give you and your company the upper hand.
- A downloadable Audit Guide with dozens of strategic questions to help shape your thinking about specific competitors.
- How you can use these competitive perspectives and insights to improve your existing pricing strategies.
This guide is just one of hundreds of educational resources you get access to as a PricingBrew Journal subscriber.
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We recently went through a virtual negotiation training program that can help close the massive skills gap between buyers and sellers. In this research brief, we share our impressions and recommendations.
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Combating Competitive Pricing Pressure
Pricing pressure is just a fact of life. But how well you handle that pressure can determine whether your business ultimately succeeds or fails. This guide exposes 15 ways to address (and prepare for) competitive pricing pressure.
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