THE VALUE & PRICING BLOG
The latest stories, blog articles, and pricing news from the Ibbaka team
What is your target value ratio?
The value ratio is a critical but frequently overlooked pricing metric. Tracing this metric is critical to your long-term health. Deciding what level to target is one of the most important Where to Play choices you make in pricing.
The Value Pricing Dashboard is where you integrate applications across the customer journey
A lot of data is generated across the customer journey. Innovations platforms, product development applications, marketing automation, sales management (CRM), configure price quote (CPQ), project management, customer service platforms, customer success … Where is the data from all of these applications gathered and put in the context of value? This is the direction we are taking the Value Pricing Dashboard. It will be the integration point for all of the data about value to the customer (V2C).
A Value Model will change your business
Value based pricing requires a formal value model. If you do not have value models that quantify value drivers and connect them together you are just pretending to do value based pricing. Good value models are three dimensional they include economic, emotional and community value drivers. They become real when they are validated in conversations with customers.
Never miss an update
Subscribe to the Value & Pricing Newsletter to get insights that help you supercharge your growth.