File Name: strategy and tactics of pricing nagle .zip
The Strategy and Tactics of Pricing shows readers how to manage markets strategically—rather than simply calculate pricing based on product and profit—in order to improve their competitiveness and the profitability of their offers. Show students how proper pricing can increase profitability—New Chapter on Price Implementation. A completely new chapter on implementing pricing strategy identifies the challenges involved in embedding strategic pricing principles within an organization.
This is a preview of subscription content, access via your institution. Rent this article via DeepDyve. Balafoutas, L. The Economic Journal : 1— Chapnick, D.
For full document please download. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without either the prior written permission of the publisher or a licence permitting restricted copying in the United Kingdom issued by the Copyright Licensing Agency Ltd, Saffron House, 6—10 Kirby Street, London EC1N 8TS. All trademarks used herein are the property of their respective owners. Consequently, companies that grow profitably in changing markets often need to break old rules and create new pricing models. For example, Netflix changed the model for renting films from the daily rate at video stores to a time-independent membership model. Ryanair radically unbundled the elements of passenger air travel—charging separately for baggage, seat selection, in-person check in, beverages—enabling it to generate greater occupancy and more revenue per plane per day than its established European competitors.
Pick up the key ideas in the book with this quick summary. Have you ever looked at a price tag on a product and wondered whether it was just chosen completely at random? Because pricing could be the main driver of success or failure when launching a new product. You might not have noticed, but pricing has become quite a hot topic over the last few years. Well, as a result of the information revolution, we consumers have become more aware of and more sensitive to pricing. These days, information on the products or services any company has to offer is at our fingertips. By now, many of us are seasoned online shoppers and are quite accustomed to the process of comparing product after product until we find the one we think is best for our budget.
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Rather than calculating prices to cover costs or achieve sales goals, students will learn to make strategic pricing decisions that proactively man- age customer perceptions of value, motivate purchasing decisions, and shift demand curves. This comprehensive, managerially-focused text is a must-read for students and pro- fessionals with an interest in strategic marketing and pricing. A companion website features PowerPoint slides with instructor notes, discussion questions, and exercises, as well as suggested readings and cases with separate teaching notes for instructors.
The Strategy and Tactics of Pricing explains how to manage markets strategically and how to grow more profitably.
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