A Road-Map for Differential Pricing
Abstract
The concept of 'Differential Pricing' makes use of underlying differences in customer's buying pattern, to set prices on a 'per customer' basis. This helps retaining and cost effectively developing the most appropriate customer relationships. A successful implementation of this concept demands, as a pre-requisite, an enhanced effort towards 'Single View of the Customer', measuring 'Customer Profitability & Lifetime Value' and innovative 'Customer Segmentation' approach.
The right differential pricing framework should address the Product and Relationship management demands through a set of complementary modules such as:
- Pricing & Charging
- Benefits
- Assurance
- Product and Relationship management
- Simulations
A packaged solution approach is highly recommended as it promises to achieve multiple advantages especially in terms of 'Reduced Risk', 'Improved Time to Market' and 'Return on Investment'.
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Energy & Utilities

Finance
HealthScience

High Technology

Insurance

Manufacturing

Media & Entertainment

Retail

Software Products

Telecom Service Providers

Travel & Transport

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