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Smart Pricing

How Google, Priceline, and Leading Businesses Use Pricing Innovation for Profitabilit (paperback)

Paperback Engels 2015 9780134384993
Verwachte levertijd ongeveer 8 werkdagen


In Smart Pricing: How Google, Priceline and Leading Businesses Use Pricing Innovation for Profitability, Wharton professors and renowned pricing experts Jagmohan Raju and Z. John Zhang draw on examples from high tech to low tech, from consumer markets to business markets, and from U.S. to abroad, to tell the stories of how innovative pricing strategies can help companies create and capture value as well as customers. They teach the pricing principles behind those innovative ideas and practices.


Smart Pricing introduces many innovative approaches to pricing, as well as the research and insights that went into their creation. Filled with illustrative examples from the business world, readers will learn about restaurants where customers set the price, how Google and other high-tech firms have used pricing to remake whole industries, how executives in China successfully start and fight price wars to conquer new markets.


Smart Pricing goes well beyond familiar approaches like cost-plus, buyer-based pricing, or competition-based pricing, and puts a wide variety of pricing mechanisms at your disposal. This book helps you understand them, choose them, and use them to win.



Uitgever:Pearson Education


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About the Authors   xi


Introduction  Fingerprints of the Invisible Hand   1

Chapter 1 "Pay As You Wish” Pricing  19

Chapter 2   Why the Best Things in Life Are Free   41

Chapter 3 The Art of Price Wars  59

Chapter 4 Thinking Small  79

Chapter 5 The Automatic Markdown   101

Chapter 6 Name Your Own Price   119

Chapter 7 Subscribe and Save: Pricing for Marketing Profitability   139

Chapter 8 The Snob Premium   161

Chapter 9 Pay if it Works   181

Chapter 10  Conclusion   201


Index   207

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