Discounting Evaluation
Eliminating unnecessary discounting can improve margins by over 20%.
Better pricing, less discounting and more effective offerings significantly increase both profits and revenue.
It is important to evaluate the impact of sales promotions on profit because it is possible for promotions to lead to higher sales but lower profits. SPMG has found that roughly 70% of all promotions reported as successes are actually successful.
The principal, the overarching goal of your discounts and promotions should be to boost sales and increase brand recognition failing such SPMG uses discounting evaluation technique and will help you draw a line in the sand and show you how to ‘fire’ unprofitable customers by using tools such as ‘Waterfall Analysis’ to determine what actually goes into your pocket.
Collecting data is easy, what you do with that data is where it gets complicated in discounting evaluation
Should you need the information to implement new pricing strategies or customer insights to drive product, sales or marketing objectives, SPMG delivers the data mining, modeling, and analysis that clarifies the key insights you need to help your business initiatives.
Together our business consultants and analysts have 30+ years of experience working with some of the worlds largest B2B and B2C companies. SPMG data analytics is driven by the curiosity to discover the insights, patterns and opportunities that help companies grow. Speak to our pricing consultant now to know more about discounting evaluation.
Price Dispersion
Waterfall Analysis
Our analytical services include:
- Market Analytics
- Competitive Pricing Analysis
- Customer Performance Evaluation
- Performance of Premium vs. Commodity-driven products
- Segmentation Analytic Software
- KPI Reporting & Dashboards
- Pricing Scenario "What if" Analysis
- Price Dispersion Analysis
- Churn Analysis
- Spend Behavior
- Lifetime Value Analysis
- Waterfall Analysis
- Revenue and margin performance
Learn more about the corresponding workshops
to help with this pricing solution!
Industries We Cater To
- Healthcare
- Telecommunications & Mass Media
- Public Sector & Nonprofit
- Financial Services
- Manufacturing
- Materials & Chemicals
- FMCG & Retails
- Services
- Transportation Sector