Industries & Clients

Economic Rollercoaster: Riding the Waves of Uncertainty with Price Agility

2024-01-10T14:43:03-05:00Categories: Crisis Management, Industries & Clients, Inflation Pricing, Pricing Management, Pricing Optimization, Pricing Strategy, Pricing Value, Recession Pricing, Revenue Management|

By Kirk Jackisch: President, Iris Pricing Solutions As we venture into the second half of 2023, businesses continue to face a range of pricing challenges that require careful navigation and strategic planning – covered in our previous article, The Current State of Pricing. The landscape is influenced by factors such as inflation, interest rates, [...]

Insights from The History of Pricing and Mindfulness with Paul Hunt

2020-11-04T16:16:22-05:00Categories: Industries & Clients, Industry Examples, Podcast, Pricing and Selling, Pricing Value|

Recently, Chairman of Pricing Solutions Paul Hunt, had a conversation with Mark Stiving, Ph.D. of Impact Pricing LLC. In this episode, Paul talks about how companies in a fast-paced digital environment fail to recognize what their product’s true value is. With a significant change in the market and with all the competitive disruption, and [...]

Best Practices to Optimize Restaurant Menu Prices

2023-08-14T16:13:18-04:00Categories: Industries & Clients, restaurant pricing|Tags: , , , , |

Driving margin and maintaining (or growing) guest count are often seen as incompatible by restaurant operators. But there is a way where one doesn’t have to compromise margin and guest count.

Pricing Research 101: Benefits, Methodologies & Success Stories

2020-04-30T14:34:17-04:00Categories: Industries & Clients, Pricing Research|Tags: , , , , |

This article aims to provide an overview of pricing research and explain how it can be applied for long-term business growth.

How Pricing Research Can Help Firms Navigate a Changing QSR Environment?

2020-03-10T12:12:59-04:00Categories: Industries & Clients, Our Services, Pricing Research, restaurant pricing|Tags: , , , , , |

To stay on top of changes in shifting QSR environment, leverage the power of pricing research to grasp trends in customer buying behavior. 

Make Pricing Your Ally: How to Put Value Back on the Menu

2020-02-07T11:19:43-05:00Categories: Industries & Clients, Pricing Changes, Pricing for Researchers, restaurant pricing|Tags: , , , , , , |

From QSR to family and casual dining, the “money” side of value equation – driven by pricing – is a challenge for restaurants. It doesn’t have to be that way. The purpose of this white paper is to demonstrate how having a value-based pricing strategy in place optimizes long-term profits for restaurants.

Top 4 Strategies to Improve Customer Retention

2020-05-05T16:54:44-04:00Categories: Industries & Clients, Industry Examples, Pricing Strategy, Pricing Value|Tags: , , , |

Last year, Apple's retention rate was at the colossal percentage of 92. While your business may not achieve the retention rate this high, even a few percentage increase will make a significant change to your profit.

How to Increase Profit: the 1% Solution through Pricing

2018-03-08T13:52:23-05:00Categories: Industries & Clients, Pricing Management|Tags: , , , |

Your boss gives you a seemingly impossible task: Increase profits by 12.5%. How do you respond? Some managers might spend a great deal of time trying to persuade the boss to reduce her expectations. A more productive response would be to improve management of prices by just 1%.

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