Strategic pricing is one of the most powerful sources of profits and growth. Yet, in recent years, it has been the least exploited driver of shareholder value. Few manufacturers review their pricing systematically. Most set prices reactively. Some extrapolate from history, and for others it’s just a hunch.
Content: Article | Authors: Henry M. Vogel, Matthew A. Krentz, Michael Grindfors | Source: Boston Consulting Group (BCG) | Subject: Pricing
Most companies fail to capture all of the opportunities for generating growth, profit, and competitive advantage through pricing. What’s more, many companies do an especially poor job of managing pricing as they come out of an economic downturn. Pricing for the recovery is an opportunity they can’t afford to miss. The authors discuss how companies can pull the appropriate pricing levers for the cost structures, … [ Read more ]
Content: Article | Authors: Henry M. Vogel, Ulrika Dellby | Source: Boston Consulting Group (BCG) | Subject: Pricing