Driving price realization for unique business challenges.
Whether selling direct-to-consumer via e-commerce channels, creating sell-in strategies to big box stores, or designing tailored services with homeowners while on-site, we understand the unique pricing challenges consumer products and service businesses face.
It’s critical for these businesses to clearly understand how customers behave in different channels and markets so they can make smarter, more profitable decisions. This is why every partnership begins with a deep analysis of all available data, ingested and aggregated by our in-house data engineering team. In a matter of days, INSIGHT provides companies with granular visibility of customer and channel profitability and a deeper understanding of how various pricing programs affect EBITDA across customers, products/services, regions, end markets, channels, and more.
Then, we lead market intelligence studies designed to answer your most critical questions, such as price sensitivity or competitive pricing, to build confidence around your pricing decisions. This combination of data engineering and market intelligence enables never-seen-before visibility and ‘aha moments’ to inform optimal business decisions.
From value-based pricing to promotion spend optimization, INSIGHT works tirelessly to uncover, capture, and realize growth opportunities. We work side by side with your team to develop implementation plans, build internal capabilities, and integrate feedback loops for continuous improvement. Our data scientists and industry experts work alongside your team to ensure we are leveraging big data insights, market trends, and your unique business objectives to drive price realization and desired EBITDA outcomes.
Common Challenges
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Clear & Relevant Value Proposition
Ensure your company’s value proposition is both clear and relevant to your consumers. Then, ensure your pricing strategy, from promotions to invoicing, aligns with your value proposition.
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Competitive Landscape
Who do you compete with and what is your plan to win? Competing with everyone on everything is futile. Align your pricing and assortment strategies to position yourself appropriately versus your competitors while meeting customer expectations.
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Customer Behavior
Do you know which customers and products or services are more price-sensitive? Incorporate price sensitivity and other customer behaviors, such as purchase criteria, into your pricing to maximize profitability while maintaining a desired brand image and competitive position.
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Customer & Channel Profitability
Promotions, discounts, advertising, samples, rebates, restocking fees, credit card fees, freight, product mix… countless elements affect your bottom-line profitability, many of which go unnoticed and unmeasured. We can help you understand your complete cost to serve at a granular level, how it varies by customer and channel, and how to shift your pricing programs best to maximize profits.
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Trade Promotion Spend
Do you know your typical return on trade promotion spend and how well it stacks up versus best-in-class benchmarks? Learn how you can reinvest the “tail” to drive greater profitability.
What Our Clients Are Saying
Sales & Product Director, Residential Services
SVP Marketing, Durable Goods Distributor
President, Apparel Manufacturer
SVP Finance & Operations, Residential Services
Meet Our Experts
With over 250 dedicated pricing strategy experts, our team helps businesses achieve profit and EBITDA growth through our process proven on over 800 engagements since our founding in 2006.