PRICING
A successful organizations, accomplishes what they set out to do, powered by engaged employees with the tools and motivation to get the job done. In fact, the best performing organization structures are better at decision-making.
Whether startups, new companies or companies operating in new categories can adopt disruptive pricing strategies that define their business model. This approach can lead to more value by unlocking customers and suppliers through a new model that reduces the downside risk and increases the upside for all parties. For example, such models include profit sharing cost-of-materials triggers, as a service as opposed to capital investment, etc.. However, to succeed with this pricing strategy, companies need to conduct in-depth analysis and model dynamic scenarios to measure and optimize parameters for optimal returns. In addition, reactive measures needs to be built-in to the model on how to manage the downside when competitors respond and when copycats follow through. Companies can gain substantially by disrupting the pricing models, but sustaining the advantage has to be planned in advance by modeling all scenarios.
WHY EGNYT
- We have a deep understanding of pricing strategy. Our world-class approach takes you from discovery to action with a capability assessment and a rapid diagnostic to identify your opportunities across value drivers, and defined initiatives that target the highest-ROI areas
- We develop analytics tools to screen for price potential, identify price leakage, uncover unjustified price variability and assess your internal pricing options
- Working with cross-industries, we identify critical steps you can take to transform your revenue growth management capabilities and boost your pricing power an increasingly disruptive market
EXPECTED RESULTS
SUSTAINABLE PROFITS
Monitor profit margins in real-time to validate strategy and measure price changes impact on the bottom lineDYNAMIC RAPID RESPONSE
Dynamic monitoring, rapid and systematic responses to changes in the marketplace
ANALYTICAL TOOLS
Customized analytical capabilities and tools your business needs to keep improving