Product Lifecycle Price Optimization In A Nutshell
Hi all! Today, I return with the conclusive segment of product lifecycle price optimization. In your academic days, you might have encountered the TC=TR or MC=MR economic pricing strategies, knowing they involve linear equations. This session will demystify it comprehensively. Previously, we analyzed the MC=MR approach, noting its benefits but highlighting the drawback posed by taxation. I mentioned consulting a tax advisor? Fortunately, I optimized my schedule and meticulously incorporated taxation and deferred taxes, enhancing our model's precision. The outcome is phenomenal! While traditional product costing methods like Absorption, Marginal, and Activity-Based Costing (ABC) are well-known and effective, this model goes beyond by incorporating TC=TR & MC=MR analyses over it. You'll be astounded by the lucrative insights it offers. In simple words, apply my methods for analysis purposes over your pricing techniques. This cutting-edge model is set to remain a staple on
