A Few More Thoughts On Inflation…
Sally Martin Last month, we were delighted to present a webinar through the Category Management Association. The webinar content was inspired by our
Sally Martin Last month, we were delighted to present a webinar through the Category Management Association. The webinar content was inspired by our
A recent LinkedIn question resonated with me—”Why don’t people like to talk about pricing UPFRONT?” Why indeed? Have you ever been frustrated
When you’re the seller of a perishable good, there is an inclination to reduce the price before the item becomes obsolete. Imagine visiting
What Happened: Following Bottega Veneta’s F/W 2022 runway show, the Italian luxury brand released its new handbag, Kalimero. The unlined bucket
“If you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business.” – Warren Buffett By: Ed
Get smarter at getting paid what you’re — really — worth.Illustration by Jano le RouxYou get to set your price.Not your client. Not
Pricing the products or services you’re selling to another business can be challenging. Saying “Ok I’m going to charge $5 for this is nice”
Key Takeaways: While price adjustments are expected at least once or twice a year from luxury brands, Chanel has raised costs four times since the
What Is a Penetration Pricing Strategy? Effectively pricing products or services is more nuanced than just looking at profit margins. Penetration
I'm going to say something that probably won't shock you — customers hate surprises. To be more specific, they hate bad surprises. A common
Key Takeaways: To create extreme desirability, brands must understand the consumer, solve their relevant problems, and give them meaning and
No two regional markets are the same. Your target base in one area might have fundamentally different interests, needs, and degrees of buying power
Sometimes things that we buy can be supplemented by an additional purchase, like a case for a laptop or in-flight upgrades. While it may feel like we
Economic Backdrop A recent AP news headline indicated that the price of cars, gasoline, restaurants, food, and other goods matched a 13-year high,[1]
Have You Really Modernized Your Pricing Strategy? Here’s the Test.Has your firm turned the corner on agency compensation? Many agency executives