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ASM DEGREE & PG
COLLEGE
FOR WOMEN
POWER POINT PRESENTAION
ON
PRODUCT AND PRICE DECISIONS
SUB : MARKETING MANAGEMENT
PRESENT ED
BY
B ANUSHA
M.COM (G ) 2 SEM
H.NO:22010C0008
• Here are some of the goals to be achieved by performing Pricing analysis:
• Understand competitive landscape
• Pricing
• Features
• Customers
• Understand if there's any money left on the table
• If yes, then how much?
• What's the room for improvement
• Identify if there are any data collection issues required for changing pricing
• Understand if we are charging Customers in line with value we are providing
them
• Customer distribution by
• Geo,
• Vertical
• Product Feature usage, etc
2
Created
by
Yukta
3
Created
by
Yukta
• High touch v/s low touch
• Commitment size (small v/s large)
• Commitment duration
• Engagement process (Website, email, phone calls, etc)
• Sales Cycle duration and introduction of payment conversation in the
process
4
• Purchase approval needs
Created
by
Yukta
• Customer Buying Profiles:
• The Bargain Hunters - Price drive
• The Savvy Buyers – Focused on value generated from
functionality provided by the product / service
5
Created
by
Yukta
• Competitive Comparison
• When and how do prospects compare price with the
competition?
• Does it happen only during the initial purchase or also during the
repeat purchase?
• Are there enough payment options compared to customer
offerings?
6
Created
by
Yukta
7
Created
by
Yukta
• Too much reliance on sales of certain product / product
module
• Too expensive compared to competition (especially when
customer needs are very basic)
• Pricing related issues with online transactions
• Revenue Generation by Geo
• Cap on product purchase 10
Created
by
Yukta
• In which scenarios we most likely to win business?
• Niche
• Beachhead
• Customer referrals
• Low barrier to entry markets
• In which scenarios we most likely to loose business?
• Most profitable and least profitable scenarios
13
Created
by
Yukta
PRODUCT AND PRICE DECISIONS.ppt

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PRODUCT AND PRICE DECISIONS.ppt

  • 1. ASM DEGREE & PG COLLEGE FOR WOMEN POWER POINT PRESENTAION ON PRODUCT AND PRICE DECISIONS SUB : MARKETING MANAGEMENT PRESENT ED BY B ANUSHA M.COM (G ) 2 SEM H.NO:22010C0008
  • 2. • Here are some of the goals to be achieved by performing Pricing analysis: • Understand competitive landscape • Pricing • Features • Customers • Understand if there's any money left on the table • If yes, then how much? • What's the room for improvement • Identify if there are any data collection issues required for changing pricing • Understand if we are charging Customers in line with value we are providing them • Customer distribution by • Geo, • Vertical • Product Feature usage, etc 2 Created by Yukta
  • 4. • High touch v/s low touch • Commitment size (small v/s large) • Commitment duration • Engagement process (Website, email, phone calls, etc) • Sales Cycle duration and introduction of payment conversation in the process 4 • Purchase approval needs Created by Yukta
  • 5. • Customer Buying Profiles: • The Bargain Hunters - Price drive • The Savvy Buyers – Focused on value generated from functionality provided by the product / service 5 Created by Yukta
  • 6. • Competitive Comparison • When and how do prospects compare price with the competition? • Does it happen only during the initial purchase or also during the repeat purchase? • Are there enough payment options compared to customer offerings? 6 Created by Yukta
  • 8. • Too much reliance on sales of certain product / product module • Too expensive compared to competition (especially when customer needs are very basic) • Pricing related issues with online transactions • Revenue Generation by Geo • Cap on product purchase 10 Created by Yukta
  • 9. • In which scenarios we most likely to win business? • Niche • Beachhead • Customer referrals • Low barrier to entry markets • In which scenarios we most likely to loose business? • Most profitable and least profitable scenarios 13 Created by Yukta