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Pricing-Newsletter No. 74 (2023): Exploring Customer’s Willingness to Pay: More Pragmatism in Pricing Research!
/0 Comments/in Pricing Newsletter, Pricing Newsletter/by Prof. Dr. Hans-Christian RiekhofNur sehr wenige Unternehmen verfügen über ein eigenes Budget für das Pricing Research. Ein überraschender Umstand, denn hier werden Zahlungsbereitschaft und Preissensitivität des Kunden untersucht. Was gilt es zu beachten, welche Fehler sind zu vermeiden?
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06.09.2018 │ Göttingen – Learning Pricing Competence
/in Unkategorisiert/by Jürgen KettlerIn the two-day intensive seminar, the 4 levers to increase the pricing competence of companies are taught. These levers are not only explained theoretically, but are applied using practical examples from the participants’ everyday work. Participants are advised to bring specific pricing issues from their own work area into the seminar to work on them there.
Seminar goals
Using the 4 levers to increase pricing competence, seminar participants learn:
• To develop hypotheses about price-related reactions in their market segment
• To develop price tests
• To put their own pricing strategy to the test
• To develop new building blocks for their pricing strategy
• To develop a price-related customer segmentation
• To tap potentials for profit increases
• To develop a discount strategy
• To develop a price controlling concept
• To design a transfer plan for implementing the pricing strategy
The speaker:
Dr. Hans-Christian Riekhof is Professor of International Marketing at PFH Private University of Göttingen and author and editor of various books on strategy, marketing and retail business. His most recent publications are his book on “The 6 Levers of Strategy Implementation” and the 3rd edition of the book he edited on “Retail Business”. As Marketing Director of the Otto Group and Head of Business Unit at Beiersdorf AG, as well as a consultant to well-known companies on strategy and marketing issues, he is the ideal mediator between theory and practice. Since 2005, Professor Riekhof has been intensively dealing with questions of strategic and operational pricing in the form of projects and studies.
Number of participants:
max. 14 / min. 8. If the minimum number of participants is not reached, the event can be cancelled at the latest 5 days before the start.
Location:
PFH Private University of Göttingen
Weender Landstraße 3-7
37073 Göttingen
Date/Time:
Thu., 06.09.2018, 10:00 am –
Fri., 07.09.2018, 5:00 pm
For more information and tickets via eventbrite
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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.