Value First then Price Quantifying value in Business to Business markets from the perspective of both buyers and sellers
Synopsis
Winner of the Overall Case Award 2014The Case Centre best selling case 2013 - 2017
Value-based pricing—pricing a product according to its value to the customer rather than its cost—is the most effective and profitable pricing strategy. Buyers need to evaluate the monetary benefits of a product against the price of its competitors. Sellers justify their price points through documenting the value of a product, emphasising its superiority against competitors and therefore justifying the premium price.
Value First then Price is an innovative collection which proposes a quantitative methodology to value pricing, and road-tests this methodology through a wide variety of real-life industrial cases. It provides a state-of-the art and best practice overview of how leading companies quantify and document value to customers. In doing so, this book provides researchers with a method by which to draw invaluable data-driven conclusions, and sales and marketing managers the theories and best practices they need to quantify the value of their products to demanding, hard-nosed industrial purchasers.
With contributions from global industry experts this book provides cutting edge research on value quantification and value quantification capabilities with real-life, practical examples. It will be essential reading for sales and pricing specialists as well as business strategists, in both research and practice.
Book details
- Author:
- Andreas Hinterhuber, Todd C. Snelgrove
- ISBN:
- 9781317326182
- Related ISBNs:
- 9781315656816, 9781138101623, 9781138101623, 9781138101630, 9781138101630
- Publisher:
- Taylor and Francis
- Pages:
- 224
- Reading age:
- Not specified
- Includes images:
- No
- Date of addition:
- 2019-04-20
- Usage restrictions:
- Copyright
- Copyright date:
- 2017
- Copyright by:
- N/A
- Adult content:
- No
- Language:
- English
- Categories:
- Business and Finance, Nonfiction