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Pricing - A Guide to Pricing Decisions (Paperback)
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Pricing - A Guide to Pricing Decisions (Paperback)
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This book on pricing decisions gives practical guidance on how to
identify customer value, estimating customers' willingness to pay
for these benefits, and on how psychology affects customers'
perception of prices in a market. This strategic view on pricing
gives the reader a competitive advantage. It empowers them with
means to plan and perform a pricing strategy based on their value
propositions. The target group for this book is managers,
entrepreneurs, and business students. The book guides students in
understanding how economics, strategy, marketing, and psychology
are combined when it comes to pricing decisions. Further, the
chapters contain step-by-step procedures that help managers and
entrepreneurs to succeed with complex pricing decisions in busy
workdays. The analysis is based on the basic edition of Microsoft
Excel software. In sum, the book helps the reader to strategically
plan, execute, and win price competitions. The book covers topics
such as dynamic pricing, estimation of customers willingness to
pay, price competition and wars, customers' reaction to unfair
prices, and price tactics and strategy. The book includes
specialized chapters on pricing in e-commerce, and pricing in the
sharing economy.
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