Pricing is NOT Driven by Supply and Demand
If you’ve ever taken a macro-economics course, you know that price is where the supply curve intersects with the demand curve … in theory. For
If you’ve ever taken a macro-economics course, you know that price is where the supply curve intersects with the demand curve … in theory. For
I just read an article titled, “How Amazon and McDonald’s Use Bundling to Sell More of Everything.” Since I spend a lot of time thinking
Humans are interesting creatures. We can understand and implement concepts of such complexity – and yet, we are allured by simple things. When it comes
To maximize the profit increase you can achieve through pricing, you must use some form of price segmentation. After all, not all customers have the
I remember hearing about a company who changed their customer’s behavior simply by altering the default setting for their subscription check-box. Their original version offered
Often people ask if I offer consulting services. I hate that question because I have to honestly answer no, but then explain I offer advisory
What is the difference between a 75% gross margin, and 50% gross margin? That’s easy, 25%. So, you might be tempted to jump to the
I came across a great pricing insight a while back on a day when my car battery died. After unsuccessfully attempting to replace it myself
Customer lifetime value refers to how much value (or revenue) we could earn from a customer over the duration of their time with us as
What exactly is the role of variable costs when it comes to pricing? This might already be obvious from the post “Fixed Costs Matter to