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Contextual Pricing: The Death of List Price and the New Market Reality
Contextual Pricing The Death of List Price and the New Market Reality Author:Robert Docters, Michael Barzelay Make the switch from list pricing to CONTEXTUAL PRICING--and increase revenue, share, and profits Contextual Pricing describes why basing prices on context (when, how, or where a product is bought, for example) obviates traditional list pricing--and leads to higher profit margins. After all, a customer is more likely to pay more for an ice-cold ... more »Coke on a sunny beach than at a dog-sledding race. Contextual Pricing explains the fundamentals of contextual pricing, how it is being used in B2B and B2C markets, and how you can make the shift to contextual pricing in your own company. Rob Docters is the managing partner for Abbey Road, LLC, a consulting firm specializing in pricing strategy. He previously served as a senior vice president of strategy and pricing at LexisNexis. Michael Barzelay holds the London School of Economics' first professorial chair in public management. He codirects the Department of Management's new MsC Public Management and Governance and serves as the founding executive director of the Center for Transformation and Strategic Initiatives, a Washington, D.C. based nonprofit.« less