Leading-Edge Pricing: Harnessing the Power of the Waterfall Model

Diverse offerings make it tougher than ever to associate prices with a product’s or service’s underlying costs. Developing pricing arrangements for specific customers or customer groups also is increasingly difficult. One possible solution is a fully allocated price and cost waterfall.

Staying Power

Now that pricing is seen as a primary contributor to better performance, many companies are applying advanced technology and setting up new teams so they can price more effectively. But that’s not enough. Here’s how to make pricing a sustainable part of management’s strategic repertoire.