October 12th 2010

Practical Pricing. Translating pricing theory into sustainable profit improvement. Michael Calogridis.

SAN FRANCISCO - SEPTEMBER 09:  Apple Senior Vi...
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Practical Pricing. Translating pricing theory into sustainable profit improvement. Michael Calogridis.2010. ISBN 9780230614604.  A different book on the subject than Thomas Nagles.  Calogridis gets you very quickly into the hows of pricing and gives the reader very useful tools to display the concepts to others clearly and efficiently.  It works well as a first serious book on pricing and reads quickly and easily. I really enjoyed his “here’s how to do this” style and his obvious experience with how utterly unprepared companies are to make strategic pricing decisions.  It is not always the sales guys fault that they ask for all those discounts to get the sale.  There are numerous approaches, tactics and assumptions that companies can use to be fully  ready well before the sales guy has to sell.  Once sales guys sell (and get comp’d) on value, they will start to complain about all the ways the company fails to deliver on their value promise, which will make you a better company.

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