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Pricing is an Art and Science, Are you Getting it Right?
Manage episode 492260785 series 2360641
In this episode, Scott discusses the complexities of pricing in business, emphasizing that it is both an art and a science. He explores the psychological aspects of pricing decisions, the impact of tariffs on market anxiety, and the importance of effective communication with customers regarding price changes. Scott also highlights the significance of understanding customer segments to enhance profitability and the need to learn from customer losses. He concludes with insights on focusing on profitability as a core business strategy and shares valuable lessons learned from his experiences.
#pricingstrategy #business #strategy #profitability #tariffs #customer #communication #marketanalysis #pricing #customersegmentation #businessgrowth #financialmanagement #joedalton #scottgreen #gettingitwrongtogetitright
Hosted on Acast. See acast.com/privacy for more information.
144 פרקים
Manage episode 492260785 series 2360641
In this episode, Scott discusses the complexities of pricing in business, emphasizing that it is both an art and a science. He explores the psychological aspects of pricing decisions, the impact of tariffs on market anxiety, and the importance of effective communication with customers regarding price changes. Scott also highlights the significance of understanding customer segments to enhance profitability and the need to learn from customer losses. He concludes with insights on focusing on profitability as a core business strategy and shares valuable lessons learned from his experiences.
#pricingstrategy #business #strategy #profitability #tariffs #customer #communication #marketanalysis #pricing #customersegmentation #businessgrowth #financialmanagement #joedalton #scottgreen #gettingitwrongtogetitright
Hosted on Acast. See acast.com/privacy for more information.
144 פרקים
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