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Pricing and Profitability Management: A Practical Guide for Business Leaders


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Most business leaders understand that pricing is a powerful lever they can use to gain a competitive edge. One study has shown that 90 percent of pricing investment meets or exceeds return on investment (ROI) expectations. iPut another way: for any dollar invested in performance improvement, the most significant return comes when it is invested in pricing.

Why then do so few organizations use pricing to its fullest advantage today? For starters, pricing and profitability management can be extremely complex and risky.

Do it right and you'll reap the rewards. But do it wrong and the bottom can fall out. And many companies simply don't have the internal capabilities and the information they need to get the job done effectively.

In this new book, set to be available in July, Julie Meehan, Mike Simonetto, Larry Montan and Chris Goodin offer a practical guide to putting the principles of pricing and profitability management to work today. The book includes strategic advice as well as practice insight to help your organization in its efforts to improve pricing management capabilities. It takes readers deep into the nooks and crannies of pricing, from data management and technology to tax, governance, pricing analytics and beyond.

Want to get a sneak peek? Explore the table of contents and first chapter below.

iYankee Group, “U.S. Price Management and Profit Optimization Survey” (Boston, MA: Yankee Group, 2005).

Related links

  • Raise your pricing IQ
    New Pricing and Profitability Management leader Ranjit Singh gives his take on using analytics to raise an organization’s pricing IQ.
  • The Price Is (More) Right
    Mike Simonetto, principal, Deloitte Consulting LLP, is quoted extensively on the importance of pricing for achieving the desired margins and the corresponding role of CFO for getting the pricing right.
  • The Price Is Right. Or Is It?
    Julie Meehan talks about the objective of pricing and how business owners can better understand the true value of what they are selling.
  • Did You Say "Free"?
    A recent article from Deloitte Review.
  • The Problem with Pricing
    Find out why CEOs should pay closer attention to pricing.

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