Tag: pricing

Avoid the Pitfalls of Price Cuts

price word cut by scissors

In today’s challenging business market, you may be tempted to slash prices in order to stay ahead of the competition. However, this strategy may not truly be in your best interest. In fact, it could turn into a recipe for disaster. To learn more about why this isn’t always a great strategy, I recommend that… Read more »

Winning the Competition of Bid Pricing

Pricing

Do you have a proven best practice strategy for bid pricing?  Do you effectively anticipate your competitors strategy?  If you haven’t addressed these questions, you may be bidding too high or too low, which could spell trouble for your business. Thankfully, a recent article from Forbes.com offers sound advice to simplify the bidding process and win… Read more »

How to Increase Profitability With Value-Based Pricing

man viewing increased profit

Research shows that value-based pricing is the most successful way to increase profitability – even over cost-cutting measures. While many businesses are nervous about increasing pricing over that of their competitors, there is a process you can follow to develop and implement a new value-based pricing strategy successfully. To learn more, I recommend that you… Read more »