Description: A Groundbreaking Pricing Model for the New Business Landscape Why would any customer choose Brand X over Brand Y, regardless of price? In a word: Value. When customers feel they are getting good value from your product or service, they are more than happy to pay more-which is good news for you and your business. Even in today's global market-with its aggressive competitors, low-cost commodities, savvy consumers, and intangible digital offerings-you can outsell and outperform the rest using Value-Based Pricing. Done correctly, this method of pricing and selling helps you:Understand your customers' wants and needsFocus on what makes your company differentQuantify your differences and build a value-based strategyCommunicate your value directly to your customers Now more than ever, it is essential for you to reexamine the reality of the value you offer customers-and this step-by-step program shows you how. Developed by global consultants Harry Macdivitt and Mike Wilkinson, Value-Based Pricing identifies three basic elements of the Value Triad: revenue gain, cost reduction, and emotional contribution. By delivering these core values to your customers-through marketing, selling, negotiation, and pricing-you can expect an increase in profits, productivity, and consumer goodwill. These are the same value-based strategies used by major companies such as Philips, Alstom, Siemens, and Virgin Mobile. And when it comes to today's more intangible markets-such as consulting services or digital properties like e-books and music files-these value-based strategies are more important than ever. So forget about your old pricing methods based on costs and competition. Once you know your own value-and how to communicate it to others-everybody profits. Chapter 1: What is Value?; Chapter 2: The Customer Value Line; Chapter 3: Basic Theory - What you really need to know; Chapter 4: Conventional Pricing Approaches - Cost Based Pricing; Chapter 5: Conventional Pricing Approaches - Competition Based Pricing; Chapter 6: Measuring the Triad; Chapter 7: Building the Value Based Price; Chapter 8: Review of VBP methods; Chapter 9: Building the Value Proposition; Chapter 10: Value Based Selling;Chapter 11: Building a VBP strategy; Chapter 12: Today's pricing issues; Chapter 13: Legal issues in pricing in Europe
Price: 48.04 USD
Location: East Hanover, New Jersey
End Time: 2024-12-06T01:02:00.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 60 Days
Refund will be given as: Money Back
Return policy details:
EAN: 9780071761680
UPC: 9780071761680
ISBN: 9780071761680
MPN: N/A
Book Title: Value-Based Pricing: Drive Sales and Boost Your Bottom Line by Creating, Communicating and Capturing Customer Value
Number of Pages: 288 Pages
Language: English
Publisher: Mcgraw-Hill Education
Topic: Marketing / General, Sales & Selling / General, Marketing / Research
Publication Year: 2011
Item Height: 0.9 in
Illustrator: Yes
Genre: Business & Economics
Item Weight: 20.5 Oz
Author: Harry Macdivitt, Mike Wilkinson
Item Length: 9.3 in
Item Width: 6.3 in
Format: Hardcover