THE VALUE & PRICING BLOG
The latest stories, blog articles, and pricing news from the Ibbaka team
What research is critical for developing GenAI pricing models?
Good pricing requires good data, and one place that data comes from is market research. But what kind of research? Begin with a value model and quantify it with qualitative research and data analysis. Model your costs and test willingness to pay. And don’t forget to see what the competition is up to!
Why You Should Use Value Stories Instead of Conjoint Analysis for B2B Pricing
More and more B2B business are using conjoint studies to inform packaging and pricing. But conjoint studies were originally designed for B2C and caution is needed in extending them to B2B. Structured interviews using a value story can provide more actionable insights.
Core Concepts: Conjoint and Discrete Choice Modelling for Pricing Research
Core Concept: Conjoint and Discrete Choice Modelling are important tools for market research. In the context of pricing work, these studies can give insight into how different functions contribute to value. This is very useful in packaging and understanding how prices should be priced relative to each other.
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