Strategies for Pricing Strategies to Beat Stagflation Pricing Strategies to Fight Stagflation
It's not easy to lead an organization through a time which is marked by the high rate of inflation, or perhaps a recession. Even more challenging is managing both of these situations.
It is an indication of Stagflation. The experts predict a period of stagflation that will run until 2024.
There are many ways to lower costs or change your strategies to grow in general.
What about the price?
As Chief Product Officer Kurt Smith worked with growth-stage to Fortune 100 companies at Accel-KKR He always considered pricing to be one of the most important strategies to grow the business in order to achieve their target of revenue.
and Kurt believes that iterative pricing is an effective strategy to manage the volatility of markets. Kurt believes that using iterative pricing is an effective method to deal with unstable markets.
Two hour-long conversations with sales executives Todd Stellfox and Tony Markov spoke to Kurt about strategies to price that work in the market is one of the most unstable markets. Check out the two podcasts and then check out highlights from both.
Why You Shouldn't Rely On What your competitors' prices are
Your competition may be lying in regard to the quality of their product. (2 second):
Strategy-based Pricing Strategies to stop Inflation as well as Foreign Exchange
The position of the price is determined through purchasing power locally. (2 minutes):
What's the best method to determine the price of the new product?
What is the best way to write an equation to identify the commercial worth of an ingenuous product? (4 hours):
What are the opinions of Europe and the US along with Europe have to say about prices?
In the past, businesses that were only beginning their US businesses were more focused about gaining market share. European businesses were confronted with the difficulties of commerce across borders more acutely However, things are shifting (2.5 mins):
Strategies for Pricing to Enter new Markets
Methodologies for horizontal models vs. vertical models of expansion (18 minutes):
Iterative Pricing Using
What does the platform do to allow firms to determine the cost of their offerings? (2 2nd):
Full Video
Take a listen to the whole interview with Tony and Kurt to learn more about the global pricing strategy:
Take a listen to the complete interview that includes Todd and Kurt for more information on the most effective measurement of value and the possibilities of revenue-generating opportunities in different markets :
About Presenters
HTML1 Kurt Smith, Chief Product Officer of
Kurt Kurt serves as the Director of product strategy, payments and corporate development in Interactive Quotes. He also serves as the General Manager at Interactive Quotes (IQ). Before joining IQ, Kurt was employed over a decade in the field of consulting and investing in companies which are expanding in the software industry all over the globe. Through his work, Kurt has demonstrated a determination to help businesses and individuals understand their specific strengths and strengths so that they can maximize their capabilities. Kurt has been associated with the top firms that are growing at the fastest rate in the area of software worldwide as an operating principal for Accel-KKR. Furthermore, he's worked partnership together in collaboration together with Fortune 100 companies while an Engagement Manager for McKinsey. Kurt started his career working in FinTech as a Project Manager at Envestnet (NYSE ENV) while the company scaled by undergoing the process of the process of an IPO.
Todd Stellfox, Sales Manager at
Todd Todd is director of sales in North America at where he is responsible for a team of Account Executives that promote the service globally. He has over 12 years of experience within the business along with expertise in the SaaS and payments industry. He is committed to sharing his expertise with others as well as helping clients and coworkers succeed. Todd is currently at home staying with his parents in Charlotte, VT with his family.
HTML1 Tony Markov, Sales Team Manager at
Tony is one of the original members of the company's EMEA operations. Tony is currently an Key Account Executive and also as Sales Team Leader for the Sales Team in Amsterdam within the Netherlands. With more than eight years of with SaaS and with the bulk of this time focused specifically to SaaS billing and payment. Tony is engaged in projects that drive growth as well as discussions with SMB as well as enterprise SaaS companies looking to increase their revenues.
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