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What's the Final Output of a Pricing Study?
There's a set of activities involved in any pricing study. What is the overall objective? What are we trying to achieve with our pricing? And what are the hypotheses we have about potential pricing and packaging approaches? Then you'll go through a set of search activities. When those could be direct qualitative discussions with prospects or customers, competitive analysis,. Pricing base surveys, and then bringing that data back into the organization to refine your hypotheses. You may do several iterations of that, followed by some amount of financial modelling, making sure that ther the packaging, et cetera that you've come up with. How does that effect potentially existing customers, yowing the transition?, he asks.