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I know my market and my customer’s needs better than anybody else – why would I need Atenga’s services? |
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A: Conclusive industry research
says that while 80% of companies believe they
are focused on their customers and customers'
needs, in fact, customers say only 8% of companies
deliver the value expected. Using highly targeted
market research, we provide our clients with insights
into their own market, insights that a company
rarely can generate on their own.
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Can you guarantee that I will see a certain increase in profits? |
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A: Yes. We will guarantee a particular increase in profits under certain circumstances. |
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I price my product at a multiple of cost, and my competitors do the same. Why would I need your service? |
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A: Nearly every company has what we call Hidden Profits. Hidden Profits exist when products or services are priced too low for some markets and too high for others. It is almost certain that there are revenues and profits your company could realize merely by improving your pricing practices.
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What can I do about to improve our pricing? |
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Begin
to develop a pricing mentality. Make your team
aware that you intend your company to manage
its prices. Get training in pricing. Atenga
offers a half-day RoundTable that will educate
and inform your team about the practices and
processes of pricing. Set goals for pricing.
Focus on pricing and require of your subordinates
reports of price realization activities and
results.
Start collecting data for your Pricing Fact
File. Launch targeted market research to quantify
your customers' and prospects' willingness-to-pay,
and identify the drivers for purchase decisions
and customers' comparative perceptions of value.
Call Atenga for a free initial consultation.
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Price Optimization must be for large companies only. How can I afford it? |
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A: We work with companies of all sizes. Most of our clients have revenues of $20m or more, but we have produced higher profits for companies with substantially lower revenues. We have even supported pre-revenue clients with their market introduction and pricing challenges. Each engagement is different.
To provide some indication of our fees:
Opportunity Review: $7,000 - $12,000
Perception
Audit: $35,000 - $50,000
Six Steps To Higher
Profits: $65,000 - $80,000
The return on investment for a company is often only a few weeks.
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How can you be sure that you capture the perceived value of a product? |
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A: If you sell your product
or service to businesses, our refined interview
technique, experience, and proprietary analysis
models will be able pinpoint the perceived value
of your product. We use well-established methods
such as conjoint analysis, the Van Westerndorp
Price Sensitivity Meter, focus groups, and web-panels
together with proprietary analytical models to
establish the perceived value of a product or
service. The techniques are reliable.
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We have been profitable for a very long time. Why would we need your help? |
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A: Many companies confuse good luck with good management. Without a sound pricing strategy your success is hostage to market changes and competitive pressure. Optimized prices produce substantially increased profitability.
A Growth Assessment will identify opportunities to improve margins. |
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We know we can do better. But
it's like a lot of things; pricing is not on our
radar screen right now.
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A: Pricing is the easiest and
quickest way to improve the performance of your
business. If you're spending your time trying
to boost sales (without optimizing your prices
first), you may be working needlessly hard. If
you're working on cost cutting, you're missing
the easy wins.
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How much of my resources will be involved in a price project with Atenga? |
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A: We have tools and techniques
to minimize the amount of time busy mangers need
to spend on our project. Most of our clients have
been pleasantly surprised at our ability to work
independently and develop data, information, and
insights from research rather than from their
management teams.
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What if I want help administering the Pocket Audit? |
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A: Atenga will make a consultant
available to conduct the Pocket Audit for you.
There is a crisis brewing in the field of pricing.
Companies are pressed to improve their business
results, and they suddenly see that the opportunity
in Price Optimization is too critical to ignore.
We are in business to utilize price optimization
techniques to drive a 25-60% profit improvement
in our client companies.
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Is your pricing project worth the time and expense it will cost? |
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A: Ask
our clients. We uniformly deliver high quality
information, productive insights, useful prescriptives,
and a roadmap to launch new products and improve
price realization in existing markets.
Contact us for references. |
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Atenga – what a weird name. |
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A: It means
“rely”. You can rely on our services,
and rely on us to produce excellent work and add
value to your company. |
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