2024 Manufacturing Pricing Benchmarks
White Paper – 2024 Executive Pricing Survey 2024 Manufacturing Pricing Benchmarks We analyzed the responses from our 2024 Executive Pricing
Our pricing experts identify and implement revenue growth opportunities to thrive under tight margins, fierce competition, and economic uncertainty.
Commodification and margin compression are some of the many challenges faced by manufacturing and distributing companies. With limited room for error, our revenue consultants develop a targeted pricing strategy grounded in data-first advanced analytics. We identify immediate wins, set practical targets based on financial assessments, then work with you to build cross-organizational alignment.
What differentiates a high performing company in the manufacturing and distribution industries? Our reports lays out pricing insights from over 500 executives in North America and Europe that transform pricing performance and drive revenue growth.
Our manufacturing pricing strategy experts have first-hand, industry experience in challenges faced by companies in manufacturing and distribution.
Manufacturers experience constant downward pressure on price. We support companies with competitive pricing with robust contracts and clear price increase terms tied to benchmarks such as the Consumer price Index (CPI) or Producer Price Index (PPI).
We help companies focus their portfolio on adding value to their offers, such as expanding their offerings or switching to a solution selling model.
Monitoring and having control over discounts are a way to increase margins through identifying which discounts drive sales and which ones are eroding margins.
Monitoring shifts in costs and keeping pace with inflation is crucial to addressing eroding or low margins.
In a saturated market, differentiation is key. Expanding your portfolio, providing value-added offerings based on specific needs, or outcome-based pricing solutions allows your business to stand out from the competition.
Clear visibility into net pricing and adopting a balanced approach (not solely focused on cost) will contribute to creating a unique value proposition.
An automotive manufacturing company with complex SKUs, facing shifting consumer behavior, and declining sales was seeking a manufacturing pricing strategy to sustain long-term growth.
How will the global economic and political trends impact your pricing strategy? We examined the trends and our team provided recommendations and outlined potential scenarios.
Manufacturers are using artificial intelligence to optimize production, now it is time to apply that to all business processes across the company and advance your digital transition in pricing.
We are here to help you achieve profitable revenue growth
Our consultants have firsthand expertise in manufacturing and distribution to drive real-world results.
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White Paper – 2024 Executive Pricing Survey 2024 Manufacturing Pricing Benchmarks We analyzed the responses from our 2024 Executive Pricing
White Paper – 2024 Executive Pricing Survey 2024 Distribution Pricing Benchmarks We analyzed the responses from our 2024 Executive Pricing
Strategizing for Short-term Wins and Long-term Revenue Growth Manufacturing companies are facing a challenging set of circumstances in the current
Pricing is the fastest and most effective way for companies to increase profit. Consider the average S&P 500 company –
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Inquiries: contact@revenueml.com
We will cover the full results from our 2024 Executive Pricing Survey. See how you compare to your competitors both in past performance and for 2024 pricing strategy.