Monday, April 4, 2011

How can you make price testing continuously easier to do

How can you make price testing continuously easier to do? In the course of considering your tests to decide which ones to run, you will have bumped into all kinds of practical problems. If you now assume that you will be operating a lot of pricing tests in the future, you should MBT Tembea think about which of these hurdles can be permanently lowered or removed. For example, you may currently have contracts with customers that make it hard to change pricing structures. Consider creating a contract that would make it easy to substitute new structures which offer greater economic incentive to MBT Sini, consume your offerings. Simultaneously, in a failed test you may want to eliminate the structure you have been testing.

In those circumstances, you may wish to alert your customer that you may wish to stop the test if it doesn't fit the customer's needs as well as both of you had hoped. Any contract involved should have the flexibility to be quickly adjusted back to what you were doing before or to move on to some other plausible test. What have been the problems with with past pricing tests? Even though you will be running different tests this time, the patterns of problems will be relevant. For instance, if you MBT Tataga, had confused field implementation of the pricing tests in the past due to poor communications with customers, that same fault is likely to recur with any new pricing tests unless you have already worked on that vulnerability.

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