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Upcoming GST hike: 'Businesses should focus on value, not just price'
Published on September 17, 2018
Upcoming GST hike: 'Businesses should focus on value, not just price'
Monika Glory
Mon, 08/20/2018 - 02:10am
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What your business can learn from Amazon's recent price increase announcement
September 17, 2018
What your business can learn from Amazon's recent price increase announcement Pricing is the number one profit and EBIT improvement lever in any business. In fact, Warren Buffet is quoted as saying, “If you have to have a prayer session before raising the price by 10 percent, then you've got a terrible business.” Amazon likely did not have a prayer session before their recently announce
Pricing in diverse market and competitive situations
September 17, 2018
Pricing in diverse market and competitive situations Think before you decreaseYou need discipline and prudence to deal with aggressively low competitor prices. Again and again companies respond to price attacks with knee-jerk reactions, often resulting in escalation to full-on price wars. The consequences are fatal: An alarming 58 percent of companies are involved in a price war and ha