by John Olivant | May 22, 2024 | Pricing
Why you need to conduct a pricing audit. In today’s dynamic market, setting the right price for your products or services is more critical than ever. It’s not just about covering costs and ensuring profitability; it’s about strategically positioning your...
by John Olivant | May 16, 2024 | Pricing
“Coke’s 73 years of Nickels: Lessons from Coca-Cola’s Sticky Pricing Problem” A case study. What is sticky pricing? In economics, the concept of “sticky pricing” refers to situations where the price of your product or service resists...
by John Olivant | Jan 1, 2024 | Business Growth, Pricing
In the realm of small business, the strategy behind pricing goes beyond mere numbers; it’s about setting a standard for your business that reflects your values, supports your team, and delivers undeniable value to your customers. Ethical pricing is the golden...
by John Olivant | Sep 15, 2023 | Marketing, Pricing
Differential Pricing: The Art of Flexible Pricing and Its Prolific Impact. Over the last week, there has been a furore over differential pricing. One of the large pub chains (Stonegate) announced that they were introducing higher prices for their drinks at the most...
by John Olivant | Feb 17, 2023 | Marketing, Pricing
The Three Golden Rules Of Pricing. Pricing is by far the most powerful profit lever that business owners can influence. However, only some approach pricing in a way that fully capitalises on its value. For the majority of businesses, pricing is very much an...
by John Olivant | Aug 13, 2020 | Marketing, Pricing
Question:- Why should I show my prices on my website? I’ve been thinking about whether or not it’s wise to put your prices clearly on your website after a discussion with one of my clients the other day. This is quite an emotional topic with some strong feelings one...