Price Point Analysis

Do you know how you stack up against your competitors?

LWI offers a FREE evaluation and industry benchmarking report to prospective clients to demonstrate our approach and value. We work on a retainer-free, hourly basis to deliver customized services that meet your individual needs.

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Startup CFO Services

We offer flexible, affordable CFO Services to startups.

 

Growth CFO Services

Financial management expertise on a less than full-time basis.

Confidently Identify the “Sweet Spot” in Your Pricing

Considering the extreme competition in today’s global marketplace, the right pricing can literally make or break a business. Price beyond what the market can sustain and you could be stuck with inventory. Price below what the market is willing to pay and you could be sacrificing profits or profit margin.

Lescault and Walderman offers for-hire CFO services to small to medium sized businesses and organizations seeking assistance with break-even and pricing analysis so that you can ensure the right price point and maximize results.

Ultimately, price point analysis offers companies the opportunity to best understand their customers, gain a clear judgment of needs, test assumptions and priorities and focus on the most important aspects of their business.

Lescault and Walderman’s team of experienced CFOs can help you find the right price to maximize profitability

Critical Price Point Areas

To manage costs and maintain margins, our professionals focus on a number of critical areas like:

  • analyzing historical costs and sales performance
  • applying price modeling
  • analyzing pricing disparity
  • identifying profitable target markets
  • identifying competitive advantages
  • ensuring appropriate market strategies

Cost/Expense Reduction Areas

Once they have quantified each of these critical areas, LWI CFOs maintain a constant vigilance in working with management to assess the effectiveness of each price point and identify areas for cost and expense reduction such as:

  • review of labor tracking and reporting
  • refinement of business model
  • renegotiation of vendor agreements
  • re-evaluation of overhead cost structures

Benefits of Price Point Analysis

Though a challenging process that requires significant and careful analysis, finding the right price point can provide invaluable benefits to your organization, including:

  • changing pricing approach
  • maximizing margins and revenue
  • uncovering and leveraging market opportunities
  • aligning sales strategies
  • improving profitability and overall company value

From market research to price modeling to implementation and continuous improvement initiatives, Lescault and Walderman can help you confidently set and monitor price points that maximize profitability and minimize waste. Contact us today at 866-496-2042 for a free consultation.

 

Do you know how you stack up against your competitors?

LWI offers a FREE evaluation and industry benchmarking report to prospective clients to demonstrate our approach and value.
We work on a retainer-free, hourly basis to deliver customized services that meet your individual needs.

SOFTWARE