Marketing Strategy
The Big Difference a Penny Makes
Should you price a consumer product at a price that ends in 99 cents — or price it at a round dollar amount?
Should you price a consumer product at a price that ends in 99 cents — or price it at a round dollar amount?
What’s smarter: To charge separately for extras — or to combine all charges into one total price?
The irony: We know less about the sources of value in the economy than we did 25 years ago.
Spot markets can be used to limit exposure.
Recent evidence shows that some discounts and sales can be detrimental.
The history of the Swedish retailer IKEA illustrates the role that adaptation and experimentation play in the development of an innovative strategy.
A company must have a three-dimensional view of its brand.
When targeted promotions appeal to non-targeted customers.
A review of recent and seminal work linking pricing decisions with operational insights.
If pricing isn’t a strategic capability — a contributor to a company’s ability to implement its strategy — it’s probably a strategic liability.