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The Practical CMO
practicalcmo
28 episodes
1 week ago
Up-to-date discussions on programs like account-based management, new hiring and retention practices, and programs to drive improved revenue performance.
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Marketing
Business
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All content for The Practical CMO is the property of practicalcmo and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Up-to-date discussions on programs like account-based management, new hiring and retention practices, and programs to drive improved revenue performance.
Show more...
Marketing
Business
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Pricing with Daring Caution
The Practical CMO
32 minutes
4 years ago
Pricing with Daring Caution
What is it about pricing that appears daunting? Is it that it seems a strange mix of art and science which itself is intimidating? Is it a challenge because we lack the data from customers and competitors required to make high-confidence decisions? Is it because we don’t have the courage to match our pricing with the value we provide? Or is it because we fear making a decision that may have unfortunate negative consequences on our business? An effective pricing strategy may appear like the holy grail, but businesses need competitive pricing which matches their value propositions and is effective in their core markets. https://thepracticalcmo.com/ep-15-pricing-with-daring-caution/ ----more---- Today’s Participants: Host: Mark Coronnamark@thepracticalcmo.comLinkedIn: https://www.linkedin.com/in/markcoronna/ Guest: Bob Sherlock, Partner & CMO, Chief Outsiders bsherlock@chiefoutsiders.comhttps://www.linkedin.com/in/bobsherlock/  Additional resources referred to in this program can be found here: “Daring Caution: The Executives Guide to Pricing Improvement,” Robert F. Sherlock, Infinity Publishing, 2011. Available at Amazon and other online bookstores. “Value-Based Pricing: Drive Sales and Boost Your Bottom Line by Creating, Communicating and Capturing Customer Value” Hardcover – 2011 by Harry Macdivitt  and Mike Wilkinson “The Strategy and Tactics of Pricing: A Guide to Growing More Profitably” by Thomas T. Nagle
The Practical CMO
Up-to-date discussions on programs like account-based management, new hiring and retention practices, and programs to drive improved revenue performance.