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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…

Moving beyond hourly rates: pricing professional services in an AI world

| Teng Yang |
As AI becomes more common in the business world, it’s increasingly capable of taking over low-complexity work. The kind of work some professional services firms have historically billed by the hour…

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…

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, …

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