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Ultimate Pricing Power Part IV: THE FINAL STEPS TO A SUCCESFUL PRICING STRATEGY

Mereo

This might include: Unit price Embedded or associated partner products Volume discounts and cutoffs Time factors Incentives Geography Bundles or packaging Direct or resell (third-party) Discounting Practices and Policies Set the criteria for discounting, including discount levels, determining factors and who is allowed to authorize these decisions.

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Ultimate Pricing Power Part III: THE GROUNDWORK OF EFFECTIVE PRICING STRATEGY

Mereo

Product Cost: For example fixed cost and variable cost, such as data storage, maintenance and access Competitive Environment: Such as pricing level and pricing approach Financial Strategy and Financial Plan: Like revenue mix by product segment / category (this impacts packaging and bundling considerations) Differentiated Value Proposition: Such as (..)

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Ultimate Pricing Power Part II: UNLOCK YOUR POWER WITH 4 KEY PRICING PRINCIPLES

Mereo

Selling organizations must stand on objective, solid, repeatable ground each time they set about pricing a new solution or bundle. Here, we share four key pricing principles that can help you achieve the latter. 4 KEY PRICING STRATEGY PRINCIPLES There should be zero mystery, ambiguity and unpredictability in pricing.

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Semantics Matters in Selling

Mereo

Solution” encapsulates products, services, packaged bundles or kits. There is no disconnect, no moment of someone raising their hand to say, “That is wrong. That is not what we have here.”.

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Transform Your Value Proposition in the Subscription Economy

Mereo

Fixed price packaging offers a fixed price for a single product or bundle, a fixed set of features, and a fixed price per term. Amazon Prime is a great example with its annual pre-paid subscription for bundled services. We are all familiar with software with this sort of model — think Adobe Acrobat or Dropbox.