Pricing Analysis
Pricing analysis is a practical business and strategy tool used to examine how prices are set, how customers respond, how competitors price, and how pricing affects revenue, margin, profit, cash flow and market position. At its simplest, pricing analysis asks: What should we charge, why should we charge it, how will customers respond, and what will it mean for profit and strategy? That makes it useful for business planning, sales, marketing, product development, service design, customer research, market research, competitor analysis, forecasting, budgeting, investment appraisal, ecommerce, professional services, manufacturing, property, charities, public sector services, technology, healthcare and education.