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Winning the Profit Game: Smarter Pricing, Smarter Branding (Hardcover)

~ Robert G. Docters (Author), Michael R. Reopel (Author), Jeanne-Mey Sun (Author), Stephen M. Tanny (Author) "Rock 'n roll finds power in the driving beat of drums and the riff of multiple guitars..." (more)
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Winning the Profit Game: Smarter Pricing, Smarter Branding + The Strategy and Tactics of Pricing: A Guide to Growing More Profitably (4th Edition) + The Art of Pricing: How to Find the Hidden Profits to Grow Your Business
Price For All Three: $93.89

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Product Description

How to use pricing as a strategic tool to increase revenues and win the war for profit

One of the greatest pitfalls in the war for profits is corporate strategists' lack of a practical understanding of the link between overall revenues and overall costs. In Winning the Profit Game, the thought leaders at A. T. Kearney unveil a revolutionary new approach to establishing clear, strategic links between the top and bottom lines. No dry academic treatise, Winning the Profit Game is a guide to growing profits, in boom times and bust, using smart top-line strategies that optimize price, costs, customer behavior, and volumes. The authors clearly lay out the basic principles involved and also include:

  • Proven strategies for transforming added value into revenues and winning the war for profits
  • Prescriptive frameworks for putting the principles and strategies into action, immediately
  • Numerous success stories based on experiences of A. T. Kearney clients worldwide


From the Back Cover

In the endless quest to boost your bottom line, you've done it all: re-engineering, downsizing, new purchasing strategies, TQM, CRM, automation, new sales channels and technologies. Problem is, everyone else has done it, too. And while these once-innovative techniques may still be helping your organization to hold its own, they are long past delivering the impact, excitement, and competitive advantage they initially offered. Smart managers and smart companies are already asking, what's next? How do we stay ahead?

In Winning the Profit Game, the authors offer a simple but powerful solution--to keep improving the bottom line, your organization must now shift its sights and focus on growing the top line. They also introduce the two fundamental tools for producing top-line growth: price and brand. The skill with which these tools are used varies widely from company to company, with most firms performing poorly. This means that anyone who takes the time to learn how to use them correctly can quickly establish a huge competitive advantage.

This comprehensive guide to maximizing profits offers sophisticated yet common-sense approaches that turn value into money and make pricing a logical, high-return activity, integral to the development of new products and services. It illustrates the absolute link between brand and price and explains why a superior pricing strategy cannot exist without a detailed brand strategy. It also shows you how to optimize price, brand, costs, and product development for any business, whether manufacturing or services. You'll discover how to win the profit game by integrating your pricing and brand strategies and growing your top line in any business environment, no matter how tough. You'll master the tools that will enable you to:

  • Use price as a language that speaks to your customers
  • Develop an effective, integrated price and brand strategy
  • Optimize prices to increase revenues
  • Manage ongoing revenues
  • Penetrate new markets using price as a competitive wedge
  • Transform your organization into a price and brand powerhouse

Complete with real-world price frameworks and success stories from a wide variety of industries, Winning the Profit Game also features instant access to critical strategies, tools, and techniques for busy managers who need to make key decisions in a hurry. It is the ultimate guide for business leaders like you, whose responsibility it is to grow the bottom line and emerge victorious in the war for profits.

How to use price and brand as strategic tools to boost revenues and maximize profits

Winning the Profit Game gives you instant access to tools and techniques that can increase profits, in boom times and bust, using smart top-line strategies that optimize price, costs, customer behavior, and volumes. You'll learn how to develop an effective, integrated price-/brand strategy, using price as a language that speaks to your customers, helps you . You'll also find out how to penetrate new markets, and transform your organization into a price-brand powerhouse.

"If you want to improve your company's profitability, if you want to learn how price, brand and product can be linked to achieve this, then this book is a must read."--Robert A. Ferchat, Chairman and CEO of Bell Canada Mobility, retired, former president of Nortel Networks, Canada, and author of Tangled Up in the Past

"Winning the Profit Game delivers on its promise to improve corporate profit performance."--Charles E. Lehr, General Manager Marketing (Chief Marketing Officer), International Division, ExxonMobil Corporation, retired.

"Winning the Profit Game delivers valuable insights and tools for business leaders - from entrepreneurs in Silicon Valley to pricing professionals in Detroit and the leaders of Fortune 100 Corporations."--Jeffrey Depew, Silicon Valley serial entrepreneur (e.g. CEO MotionSense, Inc.), and former President of General Electric Electrical Distribution and Control, Asia/Pacific.


Product Details

  • Hardcover: 304 pages
  • Publisher: McGraw-Hill; 1 edition (December 12, 2003)
  • Language: English
  • ISBN-10: 0071434720
  • ISBN-13: 978-0071434720
  • Product Dimensions: 9.1 x 6 x 1.3 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon.com Sales Rank: #621,357 in Books (See Bestsellers in Books)

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    #71 in  Books > Business & Investing > Management & Leadership > Pricing

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17 of 18 people found the following review helpful:
4.0 out of 5 stars Maybe the best book yet on pricing and branding, January 20, 2004
In fact I was surprised at how good it really was. Most business books are nothing more a string of anecodotes and platitudes, whereas here the reader gets a combination of pragmatic detail and genuine insight into what pricing can accomplish if unleashed. A great book to bring to the meeting room since the emphasis is on upper managament getting involved. From a technical perspective, it would appear the authors have spent time in the trenches, not just on their fannies in academia somewhere, as the stategy and tactics they recommend are fresher than anything to be found in Nagle or Dolan. As an example of this check out the chapter on "price as a language" for starters, then go from there.
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3 of 3 people found the following review helpful:
4.0 out of 5 stars Using price to communicate with customers, October 22, 2007
Length:: 1:53 Mins

The different dimensions of price can be used as a language to communicate messages about your product to your customers.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars growing revenue with price and brand, December 11, 2008
By Andrew Everett (Santa Monica, CA USA) - See all my reviews
(REAL NAME)   
Winning the Profit Game reveals the key to success: pricing, integrated with brand management, cost management, and product development. Whatever the goal - such as market penetration, customer retention, or increasing margins - "the strategy should be reflected in the price."

Branding is a central topic in the book. "A pricing strategy cannot exist without a detailed brand strategy." Just how important is the effect of brand on pricing? "If targeted at decisions and products for which the customer has the least familiarity and the least ability or inclination to research, brand can affect price dramatically - a 100-percent price premium is not uncommon."

Another recurring theme is segmentation. "A single price or brand approach is unlikely to work across multiple segments... Price sensitivity will differ by segment."

"What do our customers particularly value in our products or services? How is this reflected in our price structure? What specifically charges for or reflects that value?" These are a few of the questions posed in chapter 13, Fundamental Questions for Senior Management.

For organizations where discounting is out of control, the authors recommend a discount scorecard to bring some structure and purpose to discounts. In the sample given, a salesperson can give 10% due to a competitive bid, 10% if the client site is beyond a certain radius of the service center, 8% if the client's credit rating is CCC or below, plus up to 5% discretionary, not to exceed a maximum 30% discount. I thought it was peculiar that a customer would earn a discount for having a lousy credit rating. Maybe the authors were just checking to see if I was paying attention.

Additional topics include pricing methods, bundling, legal constraints on pricing, organizational structure, and compensation. This is a comprehensive book written by four pricing consultants, including a former CFO. The writing style is excellent, making it easy to read despite being packed with information.

My only nitpick is in a reference to price elasticity of demand. "During one period in the 1990s, the price elasticity of premium hosiery was 0.9, while the price elasticity of generics was 2.0. This clearly suggested that the premium brand could profitably take a price increase while the generics could not afford to do so." I think the authors should have mentioned that a price elasticity coefficient greater than one means demand is elastic; less than one means demand is inelastic. I had to dust off my old economics textbook to look that up.
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4.0 out of 5 stars Insightful!
Re-engineering, downsizing TQM, CRM - you've seen them all. But businesses are still trying to find ways to lead their markets and beat their competition. Read more
Published on August 3, 2004 by Rolf Dobelli

5.0 out of 5 stars Newspaper and Electronic press comments on this book
Readers might find the the March 15, 2004 reviews of this book in the Miami Herald and the Ft. Worth Star-Telegram to be useful:

"[The Authors] have produced something analogous... Read more

Published on February 29, 2004 by Robert G. Docters

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