Competitive Pricing Intelligence
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Tags: Competitive Intelligence, Competitive Strategy, Customer Analytics, Market Analysis, Pricing Strategy, Win/Loss Analysis
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Creating a pricing intelligence gathering and analysis process for your organization’s pricing function is essential. Failure to gather and assess this intelligence can lead to pricing strategies that are out of sync with market expectations.
Pricing intelligence and associated strategic frameworks such as competitive war-gaming – illuminate when and where market needs are going unmet by competitors or where market inefficiencies exist. A firm that can exploit these conditions can extract price to its advantage. Intelligence can also validate opportunities for ongoing development of value-added products, services, and enhancements.
Tags: Competitive Intelligence, Competitive Strategy, Customer Analytics, Market Analysis, Pricing Strategy, Win/Loss Analysis
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