Its all about finding the right balance

If you come across questions like what is the right price of product? Are your discounts giving maximum profits? How to capture true value of product? Then pricing solutions help you answer all of the above.

Pricing right is the fastest and most effective way for managers to increase profits. For a price rise of 1% , if volumes remained stable, would generate an 8% increase in operating profits.

We help you choose the right pricing strategy for your organization based on revenue goals, market dynamics, consumer needs to determine products true worth.

The service comprises of:

Demand prediction

• Pricing strategy design
• Discounting & promotion management
• Expense management
• Cost reduction
• Revenue management
• Margin leakage reduction
• Product portfolio management

Client:

Women Apparel Brand

Industry:

Fashion

Challenge:

A mid-sized fashion retailer faced challenges in maintaining consistent pricing across its online and offline channels, leading to customer dissatisfaction.

Goal:

Improve customer satisfaction and incorporate pricing coherence.

Our Approach:

We implemented a pricing alignment strategy that ensured consistency across all channels, enhancing customer trust and loyalty.

Outcome:

25% improvement in customer satisfaction & a significant reduction in pricing discrepancies, contributing to increased sales.