Posts
Pricing-Newsletter No. 95 (2025): Pricing at Meiller Elevator Doors
/in Pricing Newsletter, Pricing Newsletter/by Prof. Dr. Hans-Christian RiekhofBesonders im Anlagen- und Maschinenbau kann durch individuelle Kundenanforderungen eine hohe Komplexität des Produktprogramms entstehen - mit anspruchsvollen Herausforderungen für das Pricing. Wie man bei MEILLER Aufzugstüren damit umgeht, erfahren Sie in diesem Interview mit Sebastian Thoene.
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Porsche and VW CEO Oliver Blume relies on virtual Equity Stories
/in Unkategorisiert/by Prof. Dr. Hans-Christian RiekhofPricing-Newsletter No. 60 (2022): Luxury Pricing – What Power of Pricing means for Mercedes Benz in the future
/in Pricing Newsletter, Pricing Newsletter/by Prof. Dr. Hans-Christian RiekhofEs lohnt sich sehr, das Luxus-Segment und dessen Pricing-Strategien genauer zu betrachten. Viele Marketing-Strategien finden dort ihren Ausgangspunkt und werden später mit Modifikationen in die Massenmärkte übersetzt. Insofern ist ein Blick auf die neue von Ola Källenius vorgestellte Mercedes-Strategie im Luxury Pricing sehr spannend.
Jetzt kostenlosen Zugang erhalten zu allen unseren Pricing Studien, zu unseren Pricing News und zu unseren mehr als 70 Pricing-Newslettern, mit denen Sie zum Pricing Experten werden können.
Kaufland Attacks Discounters with Low-Price Campaign
/in Unkategorisiert/by Prof. Dr. Hans-Christian RiekhofKaufland is once again attacking the discount trade. The message that the company can also do discount cheap – this message is currently being communicated to the target groups via a current TV commercial. Over 7,000 items at discount prices, more than 300 special offers every week, plus extra discounts with the Kaufland Card: With the Kaufland price campaign “Now more than ever – Save more with Kaufland”, the Schwarz subsidiary wants to demonstrate this price competence and relies on a humorously designed TV commercial. This refers to the company’s successful discount cheap campaign, with which Kaufland humorously drew attention to its low prices as early as February of this year, writes the Lebensmittelzeitung.
Kaufland price campaign focuses on cheap shopping
Christoph Schneider, Managing Director Marketing Germany, explains that the issue of price is playing an increasingly important role for many people in the current time. “Our new campaign ‘Now more than ever’ consciously addresses this and puts the issue of cheap shopping in the spotlight. Our clear promise to our customers: At Kaufland, the customer continues to shop at a low price and can save money through particularly many offers.”
Pricing expert Riekhof: Is positioning against discounters the best option?
Pricing expert Hans-Christian Riekhof, Professor of International Marketing at the Private University of Göttingen, views the strategy of the Kaufland price campaign somewhat critically. “In times of rising prices, a price campaign certainly makes a lot of sense. Whether positioning against discounters is the best of all options, however, should be questioned. After all, Kaufland is making fun of itself, because in the TV spot, the young mother didn’t ‘get’ the whole issue either. It’s probably more complicated than you think.”
Links
Report on the Kaufland price campaign in the Lebensmittelzeitung (Paywall):
https://www.lebensmittelzeitung.net/handel/nachrichten/preiskampagne-kaufland-greift-erneut-den-discount-handel-an-165133?crefresh=1
Screenshot: Kaufland TV commercial
25.11.2019│Göttingen – Jägermeister: People drink less but better – or differently
/in Unkategorisiert/by Jürgen Kettler
On Monday, 25.11.2019, it will be high-proof at the Private University of Göttingen. The PFH has Jägermeister, the manufacturer of the well-known herbal liqueur, as a guest. Gunar Splanemann, Head of Global Innovation and Design, Mast-Jägermeister SE, is welcomed.
The older generation may still remember the legendary and widely publicized campaign “I drink Jägermeister because …”. At that time, a strategic repositioning was necessary due to declining sales figures. New target groups were to be addressed without alienating the existing ones. Away from the “lonely drinker” towards group-related situations of joint celebrations – this was now the focus of positioning. The radical rejuvenation of the brand was perceived by many marketing experts as very successful. The international success proved their marketing strategists right.
Meanwhile, however, the question arises whether current societal trends lead to a reassessment of alcohol consumption. Therefore, Gunar Splanemann and Professor Hans-Christian Riekhof discuss in a workshop with marketing students of the PFH the question of how to deal with it when people drink less, but differently and often simply better.
Location:
PFH Private University of Göttingen
Weender Landstraße 3-7
37073 Göttingen
Date/Time:
Mo, 25.11.2019, 18:00 – 19.30 Uhr
The PFH is pleased to welcome interested parties this evening, external guests are welcome. The event is free. Registration is required, please by email to Wieschollek@nullpfh.de.
Photos: Jägermeister
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Pricing Seminar with Prof. Riekhof
As a participant of the pricing seminar, you will:
- approach strategic pricing with a changed mindset and better assess the contribution of professional pricing to results.
- have a clear methodological framework with the RSEC model to better handle the complexity of pricing.
- develop concrete ideas for quick wins in pricing and assess their feasibility.
- create a reliable estimate of the performance improvement that can be achieved through a pricing project.