The Power of Price
Pricing optimization is the most powerful and effective way for a company to increase revenue and improve bottom line profits; According to a study by McKinsey & Co., a 1% increase in price can lead to an 11% increase in profits (Link to study: Click HERE). This is the Power of Price.
The data is clear: Companies that regularly analyze and update pricing consistently out-perform those who do not.
Blue Rocket is here to help you leverage the Power of Price and maximize revenue and profits for your company.
Click HERE to learn what Blue Rocket and the Power of Price can do for you.
We call it the Price Setting and Price Getting Framework
Effective Pricing Optimization not only assesses a company’s internal mechanisms in determining prices (Price Setting), it also must consider how effectively and efficiently prices are presented to customers (Price Getting).
Blue Rocket has the proven expertise and experience to lead a Pricing Transformation project that will make your company healthier and more profitable.
Click HERE to learn more about how Blue Rocket’s Price Setting and Price Getting Framework can make positively impact your bottom line.
The Blue Rocket Advantage
Blue Rocket’s pricing experts have decades of practical and proven experience spanning every aspect of the Price Setting and Price Getting framework.
We will work collaboratively with you to validate and leverage existing areas of pricing strength while also identifying areas of opportunity to unlock a company’s full pricing advantage.
Blue Rocket delivers ROI and outcomes through the following solutions:
Pricing, Packaging and Metrics
Are you concerned that you are not maximizing revenue and profit with your current price and packaging strategies?
Blue Rocket helps you price and package your product(s) based on the value customers gain from them within the market segments where you can capture the most revenue.
We will also review and analyze your pricing metrics and make recommendations that maximize price and improve your bottom line.
This perspective and guidance from those who have made pricing their life’s work is a true difference maker.
Reach out by clicking HERE to learn what Blue Rocket can do for you.
Pricing Organization and Capabilities
Pricing as a function cannot exist in a silo. Your pricing organization needs to work closely with marketing, sales, and finance. We will facilitate, set up and launch everything needed to run an effective pricing function within your company.
And, if needed, we can also act as your pricing team until the right team members can be hired and onboarded.
From start to finish, Blue Rocket can help identify, develop, implement and staff your pricing organization.
Click HERE and let us show you what 360 service is all about.
Price Realization, Discount and Usage Analysis
For List Price Optimization, our process reveals pricing’s impact on your margins and profits from products, segments, on down to individual accounts.
Discretionary discounting is a primary lever to maximize deal win rates against your competition. But how much is too much? Blue Rocket analyzes your historical trends and make specific recommendations on your discount policies and levels that will win you deals.
We will also triangulate between your deal, revenue and usage data to identify revenue leakage with corrective recommendations within your systems, policies and contract terms.
Experience and expertise count when the details matter. Click HERE to learn what a difference Blue Rocket can make to your bottom line.
Price Getting Review
Your list price is not the final number that hits the bottom line; Quoting, Discounting, Contracting, Metering and Billing are all areas where revenue and profit leakage can occur.
Blue Rocket’s process assesses your cross-functional teams, roles, systems and processes to understand if you are realizing your full pricing potential.
Once completed, we then make specific recommendations to improve and assist you in proper implementation of these elements leading to a stronger, more profitable bottom line.
Click HERE and start the discussion that could take your organization to greater heights.
