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commodity pricing Tagged Articles
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Tough Times Need Laser Focus
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| The word on the street is that we are in the middle of a tough economy. Some even say that we are involved in a recession and that sales are tougher to come by now than they have been in many years. With fuel prices soaring, commodity pricing all over the board, the financial markets in upheaval, and the real estate markets still reeling, many companies, in a lot of different industries, are trying to recover from slumping sales. |
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Increase Profits Without Adding Resources - Part 2
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| Are problem employees and troublesome customers draining your energy AND wallet? Here are a few tips for dealing with both. |
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Increase Profits Without Adding Resources - Part 1
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| There are countless ways to improve your bottom line WITHOUT adding resources. In this three-part series, I'll share some simple, inexpensive and easy-to-implement ideas for increasing your bottom line. |
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More Effective Restaurant Marketing
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| Yes there is a silver lining to every cloud!
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Other commodity pricing Related Articles
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Product Packaging The Secret to Selling a Commodity Product
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| In the world of marketing, perception is reality. You can use that to your advantage if you sell a commodity product. This article gives you a good example of how to package a commodity product for higher profits.
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Price The Direct Link to Your Bottom Line
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| Setting the correct pricing strategy for your products and services is a great challenge. Pricing has tremendous impact on your profits, because pricing not only determines the quantity sold, but also the direct contribution to your bottom line. Following are a few key points to consider when setting prices. |
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What Should I Charge? First Understand What You’re Selling
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| Designers spend an inordinate and disproportionate amount of time determining pricing and fretting over it. But there is no right or wrong answer when it comes to pricing. This article helps designers figure out a pricing structure that works for them. |
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Selling Value - Hear Yes to These Questions
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| No matter what your pricing philosophy is at your company, buyers always buy based on value. Hearing yes to three quesions will allow you to build greater value in your pricing. |
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How to Set Prices and Discounts: a Primer
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| If you're having difficulty setting or structuring your pricing, this article will show you where to start. Covers basic techniques of pricing and discounting methods, and how to avoid setting your pricing well below the value you provide. |
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Avoid Being the Dumbest Competitor
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| Pricing is the tip of the profit spear. It is often said that profit is made on the buy side of the equation in wholesale distribution. That is a true statement. However, it only holds true if you are disciplined enough not to give that profit advantage away during the quoting and pricing process.
The Quotation - Pricing Process
"Your customer has no need for you to make a ‘fair' profit unless there is no other distributor willing to take your place."
This is quite a sobering thought, but one that we should keep fresh in our minds.
Pricing strategy starts by providing guidelines for your quotation process. If we do not have a vehicle, a scorecard or some methodology to determine how we are doing then we are driving through a tunnel with our lights off. Not having a formal quotation process increases our chances of becoming the |
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It's All About Value
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| Cost plus pricing, the method of pricing where a business adds on a specific amount over the cost of their products and services to give themselves a profit margin and to ensure all costs are covered. It is easy to implement and the most used method of pricing in the business world today.
It is also a hugely flawed methodology |
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Small Business Coach - Do Your Pricing Strategies Maximize Your Profits?
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| Pricing strategies are often the last marketing mix tactic that most business owners consider important, but the first to get attention the moment sales decrease! Maybe you've never considered how your pricing strategies can maximize your profits. This is the first of a series of articles on using pricing strategically to maximize your marketing results. So, we'll start with some basics - here's seven pricing options you can consider when initially setting your prices. |
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Some Pros & Cons of Posting Your Pricing
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| To post pricing or not to post pricing, that is the question. With all apologies to Shakespeare for that terrible rip off of Hamlet's big angst-ridden speech, here are some of the arguments for and against posting pricing on our websites. |
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Tough Times Need Laser Focus
| |
| The word on the street is that we are in the middle of a tough economy. Some even say that we are involved in a recession and that sales are tougher to come by now than they have been in many years. With fuel prices soaring, commodity pricing all over the board, the financial markets in upheaval, and the real estate markets still reeling, many companies, in a lot of different industries, are trying to recover from slumping sales. |
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