Pricing Strategies to beat Stagflation Price Strategies to combat Stagflation

It's difficult enough to steer an organization through a time with a rise in inflation or recession. It's even harder in the event that both are occurring in the same period.

It is a sign of stagflation. Economists claim a time that is stagflation-like will be in place until 2024.

You may be looking at methods to lower costs or change your expansion strategy.

Is the cost fair?

A Chief Product Officer of Accel-KKR Kurt Smith worked with growth-stage to Fortune 100 companies at Accel-KKR It was always a firm belief that pricing was among the main tools of growth which they used to accomplish their aim of creating revenue.

and Kurt and Kurt believes that pricing strategies that is iterative can be an extremely efficient strategy for volatile markets.

Two one-hour conversations with Sales executives Todd Stellfox and Tony Markov talked to Kurt on strategies for pricing that can perform even in the hardest and most volatile markets. They also discussed much other topics. Check out both interviews below, and then see the key points of each.

Don't rely on the price of your competition's price is

Chances that your competitors could be misinterpreted in relation to their products' worth (2 mins):

Strategic Pricing to Inflation in along with Foreign Exchange

Pricing position based upon purchasing capacity within the local area (2 minute):

What is the best way to set the price for a new item?

What formula will you have to write to calculate the business worth of the service? (4 minute):

What do the US along with Europe considering when they talk about prices?

The US-based early stage companies were more focused on gaining their part of the market, while European companies were able to feel the challenges of cross-border trade more intensely. But, the landscape is changing. (2.5 minutes):

Strategies for Pricing Entry into New Markets

Strategies for horizontal vs. the model of vertical extension (18 minutes):

Iterative Pricing Using

The objective of the platform is to enable companies to analyze their pricing (2 minutes):

Full Video

Watch the entire interview of Tony and Kurt to find out more about the global pricing strategies.

Watch the entire interview featuring Todd and Kurt for more information about the process of determining a precise value as well as more revenue-generating opportunities in diverse market.

About Our Presenters

HTML1 Kurt Smith, Chief Product Officer of

Kurt is the head of Strategy, Payments, product as well as corporate development along with the general manager for Interactive Quotes (IQ). Before being a part of IQ, Kurt worked for more than a decade in and was involved in the development phases of various software firms all over the world. As an experienced professional, Kurt has been a committed advocate in helping businesses as well as individuals to realize and increase their strengths and capabilities in the fullest capacity. Kurt was employed by a number of the fastest growing software businesses around the globe as an Operating Principal for Accel-KKR. Additionally, he worked on behalf of Fortune 100 companies while an Engagement Manager at McKinsey. Kurt began his professional career in FinTech by working as a Project Manager at Envestnet (NYSE ENV) at the time that it was expanding with its announcement of an IPO.

Todd Stellfox, Sales Manager at

Todd has been appointed the Director of Sales and Marketing for North America at where he supervises account executives that market the product worldwide. He has over 12 years old and has experience in the payment and SaaS market. He's passionate about imparting his expertise to people and helping customers as well as coworkers achieve their objectives. Todd is a native of Charlotte, VT with his family.

HTML0Tony Markov, Sales Team Manager at

Tony has been the person who started EMEA operations within EMEA. He currently serves as a Key Account Executive and as Sales Team Leader for the role of Sales Team Lead Amsterdam The Netherlands. With over eight years of professional experience working with SaaS and the overwhelming majority of them working on SaaS payment and billing Tony is constantly immersed into initiatives that aid in expanding and is in contact with SMB and Enterprise SaaS firms looking to expand.

About

The blog post was first published here

This post was posted on this site.

Article was posted on here