Aiding the adoption of value based pricing

9 July 2009, Monetical Limited, Cambridge, the sole provider of an online consulting software service tailored to support complex business change programmes undertaken by software and I.T organisations or consulting firms on behalf of their clients, gives an intellectual boost to its market led and commercial growth consulting programmes.

The new competitor analysis and positioning intellect, now available in Monetical knowledge base in the form of a series of checklists, guidelines and audits, have been prepared by UK leading expertise in the fields of commercial, marketing and financial management. Cost effective access to this intellect ensures our Clients migrate from a cost plus margin to a pricing model that is more sensitive to customer purchasing behaviors, competitor positioning and market dynamics.

Value based pricing mechanism helps develop a consistent approach to dynamically changing the price of products, services or solutions on an opportunity basis. The suite of value based pricing guidelines and best practices allow organisations to adopt this outside-in market backed pricing mechanism to increase profitability, which is an important part of any successful market led or commercial growth programme.

Preconfigured best practice guidelines, actions and checklists ensure the organisations can quickly and efficiently make changes to existing processes and systems to support this change. As a result, this new pricing strategy drives greater profitability from existing and new products, services or solutions.

Value based pricing intellect covers:
  • Competitor positioning analysis (historical win rates)
  • Assessment of offering strengths and weaknesses (features and benefits)
  • Recommended pricing adjustment guidelines (uplift, reduction or unchanged)
  • Improved opportunity outcome recording processes
  • Continuous improvement process workflow

    About Monetical

    Based in Cambridge, UK, Monetical is a software organisation that creates value for software and I.T. companies by enabling them to constantly improve their performance and promoting best practices. Our ready-to-go global collaborative consulting software service provides programme managers and consulting firms with cost-effective access to the appropriate industry expertise, unique analytical capabilities and predefined programme workflows for the identification and understanding of key performance influences. Programme owners are carefully guided through the necessary stages of any number of business change programmes to delivery real, measurable and timely performance improvements. For a comprehensive description of Monetical and its solutions, please write to info@monetical.com or visit www.monetical.com