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Pricing Strategy vs. Pricing Tactics

Season 1 Episode 197 Published 2 years, 2 months ago
Description

Many pricing books are heavy in ideas, abstractions, and behavioral science mind-shifting. Others are focused merely on simple tactics.

Jean-Manual Izaret's (JMI) book, Game Changer, fills a void by showing readers and pricing practitioners how to approach pricing strategically through cleverly designed frameworks and thought-provoking questions.

This conversation starts with who should read this book and why a cover-to-cover reading is unnecessary. Other topics include:

  • Ford's greatest insight
  • The cupcake pricing dilemma
  • The three pricing tools: elasticity, differentiation, game theory
  • The reason why pricing methods and pricing strategy are not the same thing
  • JMI's framework grid
  • JMI's seven games
  • Buyers, sellers, and offers
  • A definition of pricing governance
  • A deeper dive into the uniform game
  • Microsoft vs. Intuit
  • Next steps for owners and pricing teams
  • JMI's favorite books

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