Remove Management Remove Mass Marketing Remove Price Remove Productivity
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Finding the Sweet Spot Between Mass Market and Premium

Harvard Business Review

Persuading consumers to pay more for a product by introducing some kind of “premium” element into it has always been a challenging task—but it was one that big, established brands had managed with a reasonable amount of success until recent years. Smaller brands have been picking up the slack.

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At the High End, Reaching a Mass Market

Harvard Business Review

The art world in Europe is a closed shop, offering very expensive products to a limited number of elite collectors, who all know each other. With its price ceiling of €5,000 (they start at €100) the fair aims to make art accessible for all. You or I can barely afford to cross the threshold and if we do we get massively patronized.

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Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

There are several ways to generate Revenue Streams: Asset sale, Usage fee, Subscription fee, Lending/Renting/Leasing, Licensing, Brokerage fees, Advertising and corresponding Pricing Mechanisms) Key Resources – Key resources are the assets required to offer and deliver the previously described elements. I really enjoyed this book.

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The $2,000 Car

Harvard Business Review

Increasingly, Western companies are developing products in countries like China and India, and then distributing them globally. For example, GE developed an ultra-low-cost ultrasound for rural China which is now marketed in over 100 countries. Deere now uses Krish-style features in products sold all over the world.

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Any Value Proposition Hinges on the Answer to One Question

Harvard Business Review

In pharmaceuticals, there are blockbuster drugs targeted at mass-markets segments. But insurers pay this price because Soliris is the only safe and effective treatment for these diseases and that price is less than the total cost of alternative treatments. Soliris costs $400,000 per patient annually. billion in 2014.

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Your Business Doesn’t Always Need to Change

Harvard Business Review

If you bounce from one strategy (say, low prices) to another (full service) and back again, people won’t know what you stand for. The recent failures of mass market retailers Sears and J.C. The company struggled, and its stock price fell, until Schultz came back and reversed those decisions. Will you confuse people?

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15 Decisions That Can Undermine Your Business

Frank Sonnenberg Online

You let your salespeople discount products rather than justify the sale based on the value provided. — Sell value, not price. You rush a product or service to market even though it’s not ready for prime time — You hope you can work out the bugs before customers notice. You slash prices to combat a temporary downturn. —

Discount 105