Pricing by Customer Size vs. Customer Potential: Why It Matters

| Lori Rybaski | ,
Customer segmentation can be very nuanced, incorporating elements of product, geography, buying behavior, needs, etc.  Those with a less sophisticated approach often segment customers based on size. It is a natural starting point. Larger cust…

Why Cost-Plus Pricing Is Holding Industrial Companies Back

| Lori Rybaski | ,
Cost-plus pricing feels safe. It is simple, logical, and easy to defend internally. Take your cost, add a margin, and you have a price. But in today’s industrial markets, that simplicity comes at a strategic disadvantage. Cost-plus pricing assu…

The Myth of Perfect Pricing Data

| Brian Doyle | ,
Artificial intelligence is changing the conversation around pricing. Every week brings another announcement about AI-powered pricing optimization, predictive analytics, dynamic pricing engines, or usage-based pricing models. The message is rema…

Monetizing urgency: protecting the value of speed

In industrial markets, urgency is often treated as an operational challenge rather than a commercial opportunity. When a customer calls with production down and revenue at risk, the instinct inside most organizations is to focus on response spe…