Your levers are the things about your business that you can willingly, consciously change. Budgets, packaging, pricing. Your success depends on a combination of the levers you control and the external factors that you don’t control. The more you understand WHAT you can control, how easy or hard they are to change, and how those changes relate to your results, the more success you will have.
For this third issue of the Data Point by Glymr. This issue is focused on pricing, one of the main levers you control, as well as the external factors that influence it. Price matters! The value of getting it right can be huge and so can the cost of getting it wrong. Enjoy!
P.S. Did you miss the previous issues of the Data Point? Never fear, you can find them here.
Inflation + Recession: How to Handle Pricing Strategy in the Chaos
With inflation raging, it seems like the time to raise prices and protect margins, but a recession on the horizon threatens to pull the rug out from under demand. How can you find the right pricing strategy for this complicated environment? Read the full article
Insights in the News
Interesting items from around the web related to data-driven insights and innovation:
Glymr is an advisory and training service dedicated to helping companies get more value from their data using the people and resources they already have. If you feel like you could be getting more from your data, we should talk.
