Pricing Theory and Practice
Finding the profit maximizing price for a product, or group of products, can be difficult. It takes a fair amount of data, a bit of training, and some analytic chops to do it well.
HYPERINFLATION
In the 1970s and 1980s, I was living in Brazil, but spent a fair amount of time in Argentina. Hyperinflation was rife in both countries. For a while prices were changing prices 3x
Pricing During Inflationary Periods
We live in finger-pointing times. Companies are raising prices and blaming inflation, and some politicians are blaming inflation on companies raising prices. Both are true, though
The Goal of Pricing, or Why Profit Maximizing is a Good Thing
Pricing, like most other activities in an organization, is subordinate to the company’s goals. And while every business has a different purpose – from making as much money as p
Pricing Sins
In many organizations, Pricing suffers from neglect, resulting in one of the following sina: Prices remain unchanged for far too long Prices are based on simplistic rules – typic
Pricing, Speed and Measurement
Pricimetrics makes software which helps companies maximize their profits by improving the way they allocate their resources. Among the decisions we help with are those involving pr
