Value-based Pricing

  • Choose four firms in a given market, locate and discuss their relative position.
  • What is the real difference between competing on price and competing on value? Explain.
  • Provide specific examples of companies adapting the following approaches in an attempt to change and improve their value pricing:
  1. Selling “less for less” – no frills.
  2. Selling “more for more.”
  3. Selling “more for same.”
  4. Selling “same for less.”
  5. Selling “more for less.”
  • How might introducing value pricing be different for services rather than goods?
  • Where among the companies does the opportunity for a competitive advantage exist, and why?

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

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