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Pricing Strategies for Uncertain Times | HBR IdeaCast
Pricing Strategies for Uncertain Times | HBR IdeaCast
Uploaded 22-02-23
22 Feb 2023
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Rafi Mohammed, founder of the consulting firm Culture of Profit, says a crisis or recession is not the time to panic and slash prices. He says leaders should instead reevaluate their price strategy — or develop one for the first time — to better respond to customers during the slump and keep them when the economy recovers. He shares examples of companies across a variety of industries that have created effective price strategies as well as his advice for changing prices in response to Covid-19. Mohammed is…
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