Guide: Top Ten Mistakes in Pricing Research
Despite being critical for success, companies and their agencies continue making a legion of Pricing Research mistakes. As a result, companies leave money on the table, and profitability, market share, and competitiveness suffer. These mistakes may lead to failing products or services, lay-offs, and loss of shareholder value.
In this guide, we explore the top ten mistakes in pricing research - so you can avoid them and help drive your company forward to the next level!
You will learn:
The importance of conducting anonymous research with details of how buyers make their purchase decisions and what influences that decision.
The importance of segmentation and to develop practical, actionable recommendations so that the company can act accordingly.
The importance of covering the competition, current customers, and the company's would-be customers.
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“Sjofors & Partners’s approach to pricing research is entirely different from other pricing research I’ve used or investigated. They take a holistic view providing detailed prescriptive on product features, customer targeting, and marketing and pricing to drive higher sales and revenue.”
Brett Townsend | Head of Customer Insight | Electrolux