1.

Record Nr.

UNINA9910760291003321

Autore

Reinecke Sven

Titolo

Active Price Management : Be a Price Maker, Not a Price Taker! / / by Sven Reinecke, Laura Johanna Noll

Pubbl/distr/stampa

Cham : , : Springer Nature Switzerland : , : Imprint : Springer, , 2023

ISBN

9783031420498

3031420497

Edizione

[1st ed. 2023.]

Descrizione fisica

1 online resource (98 pages)

Collana

Business Guides on the Go, , 2731-4766

Disciplina

658.816

Soggetti

Marketing

Consumer behavior

Microeconomics

Consumer Behavior

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Active Price Management: Fundamentals and Challenges -- Conditions of Price Management -- Goals of Price Management -- Price Management Strategies -- Price Management for Innovations -- Auctions -- Price Management for Business-to-Business Services -- Conclusion.

Sommario/riassunto

This book demonstrates how to transform pricing, often considered the neglected aspect of marketing, into the most influential marketing tool that positively impacts the company's profits in a sustainable manner. Ultimately, every aspect of marketing is reflected in the price, as it represents the customer's value exchange for the other three value-creating marketing instruments: the product (functional value), communication (emotional value), and distribution (availability). The authors present the essential framework conditions and fundamental principles of active price management. They specifically emphasize those aspects that have proven particularly relevant to business practice through the Executive Education program at the University of St. Gallen (HSG).