Crimson Marketing

article thumbnail

Big Data and Marketing Intelligence Help Make Better Pricing Decisions

Crimson Marketing

Did you know that an average 1% price increase equals an 8.7% Yet it’s projected that roughly 30% “of the thousands of pricing decisions companies make every year fail to deliver the best price” leading to a significant loss in revenue. increase in operating profits? Image: Courtesy of mosslounge.com.

Pricing 100
article thumbnail

Leo Suarez, Toshiba’s SVP Marketing & Strategy: Omni-Channel Retailing—A New Paradigm of Product Marketing

Crimson Marketing

They compete with endless aisles and endless comparisons of products and prices online. Special pricing, special selection and a special connection that comes with understanding an individual shopper’s behavior make for a powerful marketing system. Leo shares examples.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Hurt and Help B2B Innovation

Crimson Marketing

“Quality, service and low prices—the most-cited priorities in August—fell or remained the same.” Innovation need isn’t limited to B2Bs: 14% of marketers said innovation was a leading priority of customers (this percentage came up from 9% in August 2014). ” Source: eMarketer.

article thumbnail

3 Ways B2B Buying is Changing In 2014

Crimson Marketing

Whether it is a subscription service or rentals. Negotiation of pricing will also come in to play with almost every interaction. The focus has also changed from large one time long term purchases to smaller cost saving investments. Avoiding high risk situations at all costs will be the game.

Buy 100
article thumbnail

Who Is Your B2B Buyer [Infographic]

Crimson Marketing

As stated in the Acquity Group study, it takes a few hours for up-and-comers to find the best prices before they settle on their final purchase. 25% of corporate buyers have revealed that if their suppliers offered more services via efficient mobile-optimized websites, they would increase their chances of spending over $5,000 on a purchase.

Amazon 100
article thumbnail

Why Is No One Paying Attention to My Content on Social Media?

Crimson Marketing

This means that they will show your ads on third party sites that use their services. The best part is that you can scale the price of your social media ads to suit your budget, so you’ll never have to pay more than you can afford. Pump up your content. Image: Courtesy of The American Genius.

article thumbnail

5 Ways to Boost Your B2B Marketing into Overdrive

Crimson Marketing

A simple Google search gives them access to product information, prices, and the pros and cons of almost any brand, product or service. Perhaps this has always been true, but today’s B2B buyers have something that their predecessors did not—a wealth of information available to them with only a few mouse clicks away.