Capture and Communicate Value in the Pricing of Services

Widespread pricing mismanagement plagues service industries because too many services marketers ignore the special challenges of pricing intangible products. The authors discuss the implications of this kind of pricing in today’s highly competitive conditions and offer a framework that reconciles the implications with customers’ quest for value. Three distinct but related strategies for services pricing — satisfaction-based pricing, relationship pricing, and efficiency pricing — can help services marketers capture and communicate value through their pricing.

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2 Comments On: Capture and Communicate Value in the Pricing of Services

  • Orlando E. Contreras | August 19, 2010

    I am a professor in the UIS (Universidad Industrial de Santander) and currently making a reserch about Colombian Banking Fees.

    That is why, I would like to get the paper called:

    Capture and Communicate Value in the Pricing of Services
    By Leonard L. Berry and Manjit S. Yadav
    July 15, 1996

    It would be a great help to my academic work. Is it posible to obtain a digital copy of it?

    Thanks a lot.

    Regards,
    Orlando E. Contreras

  • Sean M. Brown | August 19, 2010

    Prof. Contreras,

    You may purchase a single copy of this article (in PDF form) using the “Buy Articles and Permissions” link near the top of this page. We also offer a yearly premium subscription which includes access to PDFs of all articles in the online archive.

    Many academic libraries provide access to our archives via services such as ProQuest, EBSCO and directly through our own library subscription offering.

    If you would like a review copy for considering inclusion in teaching materials, email smr-help@mit.edu, we would be happy to send you a copy.

    Regards,

    Sean M. Brown
    Manager, Online
    MIT Sloan Management Review

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