With Christmas just round the corner, we pulled together a list of Christmas gift ideas for the pricing professionals in your life!
Topics: Pricing Professionals
- How do you know if your pricing strategy is working?
- How do you know if the prices you have set are the best prices for your goods or services?
- When was the last time you made iterative changes to your pricing strategy to test if that made a difference to your overall profitability or revenues?
- Are you reliant on traditional pricing strategies such as cost-plus pricing?
Do you often have problems explaining irregular or inconsistent pricing? The bottom line is that if you don't regularly do a pricing audit/analysis it can lead to more discounting than is good for your company and inconsistencies in pricing that are hard to justify – and could be costing you money.
Topics: Pricing Audit
It's 14th December 2016, and following a few late nights from the development team, we are pleased to release the following updates and enhancements to BlackCurve users:
We're excited to announce the next version of BlackCurve is now live. This release, called 'St Paul's', gives you the ability to setup new pricing levels based on existing active pricing levels e.g. 20% more expensive than Customer Profile 1 Price List.
Pricing can be one of those topics that is often ignored. No matter whether your profits and revenues are growing, or your business is declining, you can always fine-tune your pricing to increase your margins.
The fastest and most effective way for a company to realise its maximum profit is to get its pricing right. The right price can boost profits far quicker than increasing sales volume; the wrong price can shrink profits just as quickly.
Despite the current uncertainties, the economy is still relatively buoyant and the days of recession are a distant memory for most. However, now could be the time to make strategic investments in operational efficiency to reap the benefits in case there is another potential downturn.
When you launch any Software-as-a-Service (SaaS) business, you try and do as much research beforehand into what worked well for other businesses in your position and what tactics to avoid. In this article, I aim to share what happened with our product launch and hopefully you can learn from our experience.
On Tuesday 22nd and Thursday 24th November, I was kindly invited by Henley Business School to present to their Undergraduate Students. The focus of the hour-long lectures was how to raise finance for your early stage business based on my own experiences of the process. This article will summarise the 6 key tips covered.
So, your business has made the decision to implement a pricing tool such as BlackCurve. Fantastic! You’re well on your way to get an average 1% - 3%+ gross margin improvement.
This is because pricing tools help maintain pricing accuracy, make the pricing process more efficient and effective, as well as help you identify better price points for your goods and services that drive overall business growth.