Price Optimization | Price Optimization | Competitive Pricing Strategy | Analysis – NPD– NPD

Price Optimization

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Examine your price relative to competitive pricing and consumers’ willingness to pay. Our solutions provide a robust view of prices and pricing trends – overall, by category, by brand, by consumer, and by geography.

What price optimization challenges can you address?

  • How can you sell your brand into a particular retailer?
  • What strategy can you use if a retailer is resisting your brand on the grounds that it doesn’t fit into its competitive set or because it falls into a different price tier?
  • How can you reveal the Good-Better-Best price tier composition of your target retailer and its competitors? In what price tier is the manufacturer underperforming compared to its major competitors?
  • How can you convince a retailer to add your brand?
  • What can you do to improve your understanding of price elasticity?

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