Optimize Product Pricing/Profits
Do you understand Business Operations Optimization Concepts and how they apply to your business?
Pricing and when to raise or discount prices is a very touchy topic in most companies. I share the various ways to price a
product or service, along with the advantages and disadvantages of each.
Knowing when to raise the price is a strategic way to raise profits and can be done without damaging sales or revenue.
Discounts are a confusing way to try to increase sales or accounts receivable payments but what is the cost? I explain when to discount and what an enormous cost some discount plans can have on company profits.
In one company, I found that 30% of their products were losing margin because of cost creep without price increase proportionally.
Brad Praised Dale Richards Knowledge is Power Business Optimization Presentation – Systems
Brad Fultz, Augusta Georgia, was especially excited about turning tribal knowledge to systems he learned from Dale S Richards’ presentation on Business Valuation Principles – How to Increase Your Business Revenue, Profits and Value 2X
Do you want to successfully turn your company around?
Business Operations Improvement: I’ve identified a number of operational areas that I pinpointed in a 53-element questionnaire and analysis that will guide you to improved performance, success and profits.
First, some free tools to help get you started. This section has three success-generating topics:
- Business Operations Improvement (Register to get your Free Sample Scorecard)
- Financial Performance (Download Sample Index)
- Turnaround Management (Register to get your Free Sample Report)
You can also contact me at Successbiznow and learn more about the areas that are covered in my analysis, including:
- Strategy and Goals
- Employee Recruitment
- “Productivity Pyramid® – Increase Employee Productivity 2X-5X proven 50+ Times
- Employee Compensation and Incentives
- Systems to Reduce Risk & Increase Effectiveness
- Customer Service: 80/20 Customer “Gold Program”® – Increase Revenue 2X-5X
- Competition Analysis
- Product Pricing Optimization for Increased Profits
- Marketing vs. Selling Concepts
- Financial Operational Performance
ABOUT DALE S. RICHARDS:
Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 30+ year turnaround expert. He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, Eight-Year Vistage Chair & International Speaker.
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Excel Management, Dale Richards, guarantees complete client satisfaction for any services and reports on this site or any other services provided. This guarantee has been in place for 30 years.
