It may seem counter-intuitive to think that a company has an opportunity to increase its prices when it is in distress. Yet, we have found in many; maybe even in most cases that distressed clients have pricing power with their customers. Continue reading When Things Get Desperate – Consider a Price Increase
Tag Archives: core competency
Spend on Core Competencies – Eliminate Waste and Grow Sales
Several common refrains about spending are often untrue. It is often untrue that grandfathered spending programs or trade allowances are simply “the cost of doing business”. In a similar vein, it is often not accurate when executives say that if “we stop that program our sales will dry up over-night”. Finally it is definitely untrue when some say that “all spending has some beneficial effect on my business”. Continue reading Spend on Core Competencies – Eliminate Waste and Grow Sales