Professional Documents
Culture Documents
Value-Based Pricing
Competitive Pricing
Cost-Plus Pricing
Recommendations:
Decide what matters most to your organization. In the B2B industry, a value-based
strategy may be seen as the holy grail, but if your product and business model are
straightforward, a cost-plus or competitive strategy may be appropriate.
To participate to the conversation, form a cross-functional team. Your marketing, sales,
and accounting departments will all have distinct points of view, and the best strategic
option will almost always be somewhere in the center.
Be adaptable. Keep an eye on your numbers and make adjustments to your pricing
approach as needed. If a plan isn't working, don't persist with it just because you choose
it in the past.