close Visitor Edition

The McKinsey Quarterly is the business journal of McKinsey & Company. Register now for immediate access to hundreds of articles.

Featured Marketing, Pricing Article, Pricing downturn

September 2008 

Pricing in an inflationary downturn

In the current environment, costs are rising as price sensitivity increases. Six tactics can help companies get pricing right.

Recent Thinking

  • Featured Marketing, Pricing Article, Latin American retailing

    April 2007 

    Price promotions in Latin American retailing

    They don't seem to work.

  • Featured Marketing, Pricing Article, price management

    August 2006 

    Pricing in a proliferating world

    Juggling thousands or even millions of price points calls for common systems, greater transparency in performance, and an organizational balance between centralization and decentralization.

    Includes: Audio
  • Featured Marketing, Pricing Article, proliferation

    June 2006 

    Profiting from Proliferation

    An explosion of new customer segments, sales and service channels, media, and brands is challenging marketers to reinvent themselves so they can simultaneously prioritize opportunities in a more sophisticated way and increase the consistency and coordination of their marketing execution.

    Includes: Audio
  • Featured Marketing, Pricing Article, service contracts

    November 2003 

    How to make after-sales services pay off

    For manufacturers, service plans can be a valuable second string, but only if they are properly designed and priced.

The Archive

2003

  • August 2003 

    Pricing new products

    Companies habitually charge less than they could for new offerings. It’s a terrible habit.

  • August 2003 

    Rechanneling sales

    A decade of change has upset the industrial producers’ traditional approach to selling. The time has come for many of them to change their sales channels.

  • February 2003 

    Riding out the storm

    In uncertain economic times, companies should focus on the fundamentals: pricing, marketing, and product development.

  • February 2003 

    The power of pricing

    Transaction pricing is the key to surviving the current downturn—and to flourishing when conditions improve.

2002

  • November 2002 

    Fighting for your price

    A new kind of professional purchaser bent on getting rock-bottom costs threatens suppliers of basic materials. But these companies can save themselves by taking up the purchasers’ weapons.

  • February 2002 

    Power by the minute

    US electricity utilities risk another California-style crisis unless regulators link prices in the wholesale and retail markets.

2001

2000

  • November 2000 

    Shedding the commodity mind-set

    No product really has to be a commodity. The trick is to know what services your customers want—and to charge more.

    Includes: Audio
  • November 2000 

    The hidden value in postmerger pricing

    Postmerger pricing can contribute as much as 30 percent of the value of all synergies realized by merger deals. Why is it usually neglected?

  • November 2000 

    Virtual pricing

    E-business practitioners accept discouraging assumptions about the nature of pricing on the Internet. Yet the Net could be a pricer’s paradise.

  • February 2000 

    Bringing discipline to pricing

    Different local market environments create quite different opportunities for pricing. You must understand these environments to set prices optimally.

1999

  • May 1999 

    The euro: How to keep your prices up and your competitors down

    The euro’s introduction is likely to accelerate the equalization of prices from one European country to another, and average price levels will fall. But if suppliers do not manage their pricing correctly, the euro’s financial implications could be disastrous for them.

1998

1997

  • February 1997 

    Setting value, not price

    The first task is to map benefits versus price—as the customer sees them. Bear in mind that equal value doesn’t mean equal market share. The key decision: do you stay on the line of value equivalence, or get off?

1995

  • August 1995 

    Pricing commodities: What you see is not what you get

    Say goodbye to the tonnage mentality. The difference in profitability between similar orders can be 20 percent. Get the true cost of every order to both manufacturing and sales. Two case examples in steel and pulp and paper.

1993

  • November 1993 

    Taking the mystery out of tomorrow’s prices

    With price forecasts, getting close is often close enough.

  • August 1993 

    Price wars

    No-nonsense advice on how to avoid the death spiral of permanently lost profit, declining value, and heightened price sensitivity.

New In:

Embed E-mail