Showing posts with label Product Differentiation. Show all posts
Showing posts with label Product Differentiation. Show all posts
Product Differentiation with Win Win Pricing
Using marketing and pricing to create meaningful product
differentiation separates you from competitors and allows you to command price
premiums by eliminating bad discounts. Product differentiation is possible with
win/win pricing.
Discounts should never lead to a loss of margin. Instead,
discounts should reward customers for activities that improve their
value — either by reducing your costs or improving overall demand. As a first
step, evaluate and build systems that reward customers based on desired
behaviors.
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