Blogs on "Pricing" - Page 13

Not Your Average Truck Show: Heavy Duty Aftermarket Week (HDAW)

Not Your Average Truck Show: Heavy Duty Aftermarket Week (HDAW)

Heavy Duty Aftermarket Week (HDAW) was held last week in Grapevine, Texas. It’s the largest North American gathering of the independent heavy-duty truck industry. This year, more than 2,800 executives and managers representing 761 companies attended from the U.S., Canada, and 17 other countries. Man...

Developing the New Pricing Leader

Developing the New Pricing Leader

The role of Pricing Leader has shifted rapidly in recent years and promises to continue to do so along lines formed by the intersection of Big Data, cloud-based technologies and evolving business processes.This intersection will put real-time dynamic pricing in the hands of those who need it most (p...

Why Pricing is the Key to Digital Transformation Margin Growth

Why Pricing is the Key to Digital Transformation Margin Growth

It’s no secret that manufacturers across the industry spectrum are embracing digital transformation to stay competitive and innovative. The speed of technological advancement and the risk of lagging behind the rest of the market combine to make digital the table stakes of 2020. According to the RSM...

Talking Tariffs - Pricing Strategies to Hold the Line on Margin

Talking Tariffs - Pricing Strategies to Hold the Line on Margin

In the U.S., another round of tariffs was announced on imports from Argentina and Brazil, building upon the substantial tariffs imposed on Chinese imports in August and a looming $300 billion tariff action proposed for January 2020. The ripple effects are being felt by manufacturers, whose costs are...

3 Winning Plays for Building Products Distributors to Run in 2020 and Beyond

3 Winning Plays for Building Products Distributors to Run in 2020 and Beyond

Monday, on the warehouse floor: “Did you get this alert that just popped up on my News app? A recession is coming any day now.”“I did see that. And didn’t one of our biggest clients cancel half its order last month?”“The writing is on the wall, I guess. How are the folks upstairs going to help us ge...

No Hype Here: 3 Strategies for a Bright Future in Electrical Distribution

No Hype Here: 3 Strategies for a Bright Future in Electrical Distribution

You can’t throw a rock or open a browser window these days without hitting more Amazon Business hype. It’s enough to make many in the electrical distribution trade want to throw a rock through their browser window.Last year, Amazon Business hit $10 billion in sales, about $600 million of which came...

Equipping Sales Reps with Intelligent Price Guidance

Equipping Sales Reps with Intelligent Price Guidance

MindShare Europe, the leading B2B pricing and sales conference, is taking place on 13 November in Paris, France. One of the main reasons B2B professionals attend is to watch their peers on stage discussing how they overcame complex business challenges with innovative technology and by changing the w...

Omnichannel Pricing: How to Relate B2B Prices to the B2B2C Market

Omnichannel Pricing: How to Relate B2B Prices to the B2B2C Market

MindShare Europe, the leading B2B pricing and sales conference, is taking place on 13 November in Paris, France. One of the main reasons B2B professionals attend is to watch their peers on stage discussing how they overcame complex business challenges with innovative technology and by changing the w...

Making Price a Customer Satisfaction Driver

Making Price a Customer Satisfaction Driver

MindShare Europe, the leading B2B pricing and sales conference, is taking place on 13 November in Paris, France. One of the main reasons B2B professionals attend is to watch their peers on stage discussing how they overcame complex business challenges with innovative technology and by changing the w...

The Tangled Web of B2B Price Management

The Tangled Web of B2B Price Management

The life of a pricer is hectic. Control is elusive as you toil through your day-to-day at the unpredictable whims of marketplace triggers. As external forces present themselves, your company’s corporate office reacts quickly and expects the pricing team to do the same. Suddenly you’re getting conc...

Why Recession Fears Shouldn’t Usurp Price

Why Recession Fears Shouldn’t Usurp Price

It can be hard to avoid talk of inverted yield curves or decelerated growth each time you turn on the TV or log on to your industry web site of choice. You’re probably also feeling the pressure in the real world of your own business more frequently. Whether driven by tariffs, a decrease in demand or...

Three Benefits of a Pricing Center of Excellence

Three Benefits of a Pricing Center of Excellence

Merriam-Webster defines the word “excellent” as “very good of its kind: eminently good: first-class.” A common refrain at our annual user conference, MindShare, is that every industry and B2B route-to-market is feeling more pressure. The heat is on to adjust to eCommerce disruption, compete in new m...

Two Functions at Manufacturing Organizations Prime for Process Improvement

Two Functions at Manufacturing Organizations Prime for Process Improvement

Two functions at manufacturing organizations are prime for process improvement: selling and pricing. A closer look at the selling function reveals that despite reducing labor costs via transformational automation solutions, sales teams still manage large, antiquated portfolios. They are expected to...

Athazagoraphobia or How to Stop Worrying and Embrace AI In Your Business

Athazagoraphobia or How to Stop Worrying and Embrace AI In Your Business

Athazagoraphobia (n.) – the fear of being forgotten, ignored or replaced. Common symptoms include anxiety, dread, shortness of breath, irregular heartbeat, sweating, nausea and shaking.A recent Forbes article points out that our thinking when it comes to AI gets confused between hype (self-heating t...

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