How to Optimize Prices in 2024

2024-02-05T11:53:26-05:00Categories: Crisis Management, Inflation Pricing, Pricing Management, Pricing Optimization, Pricing Research, Pricing Strategy, Pricing Tools, Pricing Value, Recession Pricing, Revenue Management, Services|Tags: , , , , , |

A note from Iris Pricing Solutions President: Kirk Jackisch 3 Ways Businesses Can Optimize Prices in 2024 As 2024 progresses amidst global uncertainty, businesses face significant challenges. Recent years have witnessed escalating costs and diminishing profit margins, prompting frequent price increases, often occurring multiple times annually. Despite this, businesses have increasingly embraced robust price [...]

The Current State of Pricing – 2023 Recession

2024-01-10T14:43:21-05:00Categories: Crisis Management, Inflation Pricing, Pricing Management, Pricing Optimization, Pricing Research, Pricing Strategy, Pricing Tools, Pricing Value, Recession Pricing, Revenue Management, Services|Tags: , , , , , |

A note from Iris Pricing Solutions President: Kirk Jackisch As we approach the end of 2022, it is clear that pricing leaders will need to navigate a very unpredictable market…perhaps more than ever before. With this uncertainty, leaders must employ resilient, proactive, and competitive pricing strategies. What We Saw Across Industries Almost all companies [...]

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.

Solving Pricing Challenges for New Innovations

2020-05-05T16:50:36-04:00Categories: Pricing Optimization, Pricing Research|Tags: , , , , |

You have developed a new innovative product or service that promise to add significant value to your customers. But do you know how to price this new offering? Most importantly, how do you know you’re setting the optimum price to maximize customer adoption and drive the most value to your firm’s bottom line?

Improve Your Pricing Capabilities

2023-08-15T09:14:44-04:00Categories: Pricing Career, Pricing Changes, Pricing Management, Pricing Tools|Tags: , , , , , |

It can take years to hone your pricing expertise. We've compiled a list of the pricing Learn which skills will improve your overall pricing capabilities and make you a better Pricing Expert

Win Pricing Battles Without Going to War

2017-07-19T16:20:46-04:00Categories: Pricing Changes, Pricing Management, Pricing Strategy|Tags: , , , , |

Good Pricing Management is key to ensuring your lowest negotiated prices don’t unintentionally start a damaging pricing battle or war in your industry.

“Pricing Strategy: Achieving Buy-in and Avoiding Pricing Pitfalls”

2018-01-23T10:03:44-05:00Categories: Podcast, Pricing Strategy|Tags: , , , |

President Paul Hunt, continues his discussion of customers, competition, costs, capacity/cycle, explaining how the socialization of the 4Cs is essential to achieving buy-in to your pricing strategy. Paul also talks about common pricing challenges and mistakes, and explains how your organization can avoid them.

How to Determine Your Price Point: Priced to the Nines

2019-03-22T15:43:40-04:00Categories: Financial Post, Pricing Management|Tags: , , , , |

How to determine the price point of your product? First: the number “nine” really can make a difference. Second: when you exceed a pricing threshold such as 99¢, you need to find the next threshold above that price point. Otherwise, you will be leaving a lot of money on the table.

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