Remove price-elasticity
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A Quick Refresher on Price Elasticity (& How It Impacts Your Strategy)

Hubspot Sales

I know what you woke up thinking this morning: “ I sure could use a quick refresher on price elasticity. ” Understanding the price elasticity of your product/service and how it impacts your sales and business strategy is crucial to building a responsive, successful company. Price Elasticity of Demand.

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How to double your price and retain your customers

Holden Advisors

Is it possible to double your price and not lose any customers? Determine Negative Elasticity. Determine Negative Elasticity. It started with an elasticity analysis. The client had marginally raised their price in the past, and our analysis showed something peculiar – negative elasticity. Understand Value.

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Should My Company Lower its Prices in a Competitive Market?

Holden Advisors

Spoiler alert: Lowering prices on a high-value product in a competitive market will rarely drive long-term growth. Here’s what to do with your competitive pricing strategy instead. You’re eventually going to ask yourself, should we lower the price to adapt to new market dynamics? That’s the reward.

Marketing 195
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The Ultimate Guide to Pricing Strategies

Hubspot Sales

Setting prices for your products can be tough. Set prices too high, and you miss out on valuable sales. Thankfully, pricing doesn’t have to be a sacrifice or a shot in the dark. If only pricing was a simple as its definition. It’s not uncommon for entrepreneurs and business owners to skim over pricing.

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A Straightforward Refresher on Price Sensitivity

Hubspot Sales

If even the slightest change in price causes your customers to go running towards your competitors, chances are you’re experiencing high price sensitivity. Here, we’ll discuss what price sensitivity is, and what factors contribute to it. Let’s discuss how to better understand price sensitivity. Price Sensitivity Analysis.

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Pricing Analysis in Excel: Make A Price Corridor in Three Simple Steps

QYMATIX

This article describes a step-by-step introduction to price corridor analysis with Excel. You will learn the meaning of a price corridor and how to create a price corridor in Excel from a list of sales transactions in your ERP system. What is the price corridor?

B2B 52
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5 Ways AI and Machine Learning are Revolutionizing Sales

QYMATIX

Artificial intelligence and Machine learning revolutionize B2B Sales & Marketing. Machine learning and artificial intelligence (AI) in sales are not dreams of the future. According to Gartner, 30% of all B2B companies will already use AI next year to expand at least one of their sales processes. Bye, bye trial and error.