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Price Elasticity Analysis and Balancing

Price Elasticity Analysis and Balancing

£2,500.00 GBP
£2,500.00 GBP
Introductory Price Sold out
Plan

Understand how changes in price impact customer demand and revenue with our Price Elasticity Analysis service. By leveraging data-driven insights, we help businesses identify optimal pricing strategies to balance volume and profitability. This service empowers you to make informed pricing decisions, ensuring your offerings remain competitive while maximising revenue potential.

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How We Work

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  • Essentials

    £2,500

    Analysis of historical sales data to evaluate basic price-demand relationships.
    Identification of key price-sensitive product or service categories.
    Recommendations for small-scale price adjustments to test elasticity.
    Deliverables include a summary report with basic elasticity insights and one round of feedback.

  • Signature

    £6,000

    Comprehensive analysis of product/service price sensitivity across different customer segments.
    Development of demand forecasts for multiple pricing scenarios.
    Recommendations for strategic pricing adjustments to maximise revenue and market competitiveness.
    Deliverables include a detailed price elasticity report, segment-specific insights, and two rounds of feedback.

  • Prestige

    £12,000

    Advanced elasticity modelling incorporating psychographic and market trend data.
    Scenario planning for dynamic pricing strategies based on seasonal or promotional variations.
    Continuous monitoring framework to track the impact of price changes on demand and revenue.
    Deliverables include an in-depth report, a custom elasticity dashboard, ongoing consulting for implementation, and unlimited revisions.
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