Several of the articles have been the direct result of our work with the National Association of Wholesaler-Distributors in the US, where we learned that while some companies are showing innovation and capabilities in specific areas, few have developed and implemented best practices across every facet of the business.
BEWARE THE PRICING MYTHS
Successful price changes can improve margins in a matter of months, but the process is fraught with pitfalls. We see the most impressive results when companies avoid sweeping changes and focus instead on insights and pragmatic actions.
In the chart below, we illustrate how differences in price sensitivity between product categories and customer segments can be used to identify pricing opportunities.