Promotional pricing continues to play an important role in customer purchasing decisions. According to Deloitte, 4 in 10 American consumers are considered value-seekers, making discounts, promotions, and special offers increasingly important in competitive markets....
Most businesses can tell you their gross margin. Far fewer can tell you their true margin. At first glance, profitability may appear healthy. Revenue is growing. Sales are strong. Reports show acceptable margins. Yet many companies discover that actual profitability...
Managing distributor pricing at scale is where pricing governance is truly tested. It’s one thing to define pricing rules for a small product catalog. It’s another to maintain pricing control and enforcement across thousands, or tens of thousands, of SKUs spanning...
Are you confident your gross margin numbers are accurate? Most businesses can perform a gross margin calculation, but far fewer can trust what the result actually means. That’s because gross margin is only as accurate as the cost data behind it. And in many ERP...
Pricing flexibility sounds simple in theory. In reality, it becomes increasingly difficult as products, customers, contracts, and order quantities grow more complex. A tiered pricing strategy helps businesses create structured pricing models that reward larger...
Cost plus pricing is often presented as the simplest pricing model in business: calculate cost, apply a markup, and you're done. But as discussed in a previous post, the simplicity of a cost plus pricing often leads to significant operational headaches. In today’s...
Managing rebates is one of the most financially sensitive areas of pricing governance, yet for many organizations it still happens outside the ERP system in spreadsheets. What begins as a flexible workaround often becomes a structural risk impacting margin accuracy,...
