Dynamic Pricing in a Digital World
OVERVIEW
Did you know about a widely held belief in native American culture that the antidote to a poisonous plant often grows very close to it? While we don’t intend to equate pricing disruptions caused by digital innovation with poison, we definitely believe that the antidote for companies to thrive in the digital age lies very much within the possibilities created by the digital age.
Experienced pricers are seeing first-hand the disruptions caused by digital innovation in the B2B market place. Traditional sources of value and price premium have been challenged by new/existing players with a focus on creating a delightful buying experience for the new-age B2B buyer. Manufacturers and distributors are struggling with entering the online channel and once there to manage prices to prevent a race to-the-bottom. Extreme price transparency and visibility in our end markets has led to a deluge of price concession requests putting tremendous stress on pricing resources to justify transaction / promotion prices.
Successful pricers have started to piece together the digital bread crumbs to now provide a digitized version of the traditional pricing solution. A dynamic pricing solution provides customized price recommendations that are in line with the context of the product(s) / customer segments and associated pricing power.
Come join us as we discuss approaches, techniques and outcomes from using digital enablers to provide dynamic support to a complex and complicated market place. We will use the traditional framework (identify business value, price to value & capture price) with a digital twist as we apply modern day analytics and capabilities to defend and enhance the traditional sources of price value and premium.
SPEAKERS
During this webinar, we will review examples of how world class organizations leverage digital capabilities to defend and communicate prices, and win in a rapidly shifting market place.
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Cancellation Policy: (Prior to course start date)
For the benefit of our attendees, our course attendance is purposefully limited. We will only provide a full refund for cancellations prior to 21 days before the start of the course. In lieu of a refund, prior to 7 days before the start of any course, you may choose to use your payment to attend another Mastery Curriculum Course. Please contacting us to determine availability.