Price Wars

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    Price Wars - Presentation Transcript

    1. THE VOL. I, NO. 3 NEWSLETTER PRICING AND SATISFYING CUSTOMERS — WELCOME TO THE 1990’S Back in the 1980’s, pricing was not a major issue for most manufacturers or service providers and their customers. More often than not, annual (or more frequent) price increases were the norm, as companies often achieved their financial targets through aggressive pricing activity. Prices were passed on down the trade channel and, while there was occasional griping, the end-users ability to pay was rarely in question. So much for ‘the good old days’ - they are now long gone! Instead, the 1990’s have taught every business that pricing cannot be taken for granted. There is a global transformation, seen in industrial, business and consumer markets, towards buyers wanting - and demanding - better value. This trend of more discerning customers means that all elements of the buyer/seller interface (including price as

    + CharlesdCCharlesdC, 2 years ago

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