At 7Sages Pricing our pricing practitioners and subject matter experts help guide you through a structured, proven process to unlock the full potential of your pricing strategy, from initial assessment to ongoing value realization. Our end-to-end program management ensures a seamless journey towards pricing excellence. It doesn’t matter where you start in the cycle, the key getting to Change Management and nurture as that is how the value generated by delivering the business growth through smarter pricing that we promise.
Our 800-client engagement over the last 25 years have delivered an average of 10% margin improvement annually or a 2% return on sales (ROS) by following some or all the steps in our process.
We begin with a thorough evaluation of your current pricing strategy & processes with your internal hypothesis. We also include a deep dive into your data to understand the business and develop some quick win pricing actions. This includes:
Based on the Pricing Performance Diagnostic and the things we uncover, we further develop your pricing strategy in a tailored way to help optimize revenue and generate incremental value and margins. The types of things we might cover in this phase would include:
The 3rd phase is all about implementation of anything developed in Phase 2
We are tool-agnostic, meaning we select the best tool for the requirement. This could be an Excel file, a new process, some training or Pricing Software that connects ERP and CRM together to be the master of record for pricing.
Change management is a critical part of any project, with ROI from a project only being realised when the new tools and processes are used. We become your extended team as we embed the new things from Phase 3 into your organisation to ensure you realize the full value of your pricing investment.
The types of things we might cover in this phase would include:
If you feel like 7Sages Pricing is exactly who you are looking for, leave us a message and one of our pricing experts will get back to you.