AIM Archives - Tag: competitive

Closing the “Customer Insight Gap” gives B2B suppliers a competitive edge. Not so much for B2C.

184-Customer-Insight-Gap

B2C employees (e.g. Apple engineers) are consumers themselves, so they have high typical customer insight… but low potential insight, since consumers can’t easily predict what will entertain them. The gap between typical and potential insight when serving knowledgeable B2B customers is much larger. This is your competitive edge if you close the gap before competitors.

More in white paper, Catch the Innovation Wave (page 13).

If you are innovating, your price should only be determined by the customer value you create.

182-Price-and-Value

Many B2B suppliers consider competitive pricing as they plan new-product pricing. Or worse, cost-plus pricing. Both are irrelevant if you deliver real value to customers… not a “me-too” product. Competitive pricing just helps you judge initial customer reaction, and cost-plus just sets the pricing floor. Neither tells you what customers will pay. For that, you need customer-value pricing.

More in article, New Product Pricing: Capturing Freshly Created Customer Value