Double Your Price: The Strategy and Tactics of Smart Pricing, 1st edition

Published by FT Publishing International (March 27, 2023) © 2023

  • David Falzani
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Title overview

A practical, accessible guide on the theory, strategy, psychology, and execution of pricing

Getting your pricing strategy right is the difference between sustainable growth, investing in product development, and happy, engaged customers and stakeholders. Harvard Business Review research shows that pricing has almost 4 times as much influence on a company's ability to reinvest than top line sales growth. But if you don't understand the psychology of pricing, having the wrong price can undermine your chances for success.

With useful tools, and clear, realistic guidance on how to leverage pricing to drive business success, you'll be able to answer the following questions for your business or product:

  • How much should we charge for our product or service?
  • How much are our customers willing to pay?
  • If we increase our price, will we lose customers?
  • How can setting prices help us cover our costs?
  • What are the benefits of a pricing strategy?
  • Will increasing or decreasing prices help my business to succeed?

Covering how pricing works, how to avoid cognitive bias, how to convince others, and many different pricing strategies, Double Your Price includes a practical set of insights, tools, and actionable guidance, and a Foreword by Lord Sainsbury.

Table of contents

  • 1. Why is price so important for success?
  • 2. Why under-pricing is a key business error
  • 3. Pricing 101: the basics - plus some surprises
  • 4. Why price should almost never be 'cost-plus'
  • 5. Value and price: how the relationship is changing
  • 6. Unlocking growth: would you like a bank account that pays 25% interest?
  • 7. Doubling your price: Price as an agent of growth
  • 8. Framing and priming: they're all around us
  • 9. Other strategies for pricing
  • 10. On the road to success

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