Price Management
Strategy, Analysis, Decision, Implementation
Authors: Simon, Hermann, Fassnacht, Martin
Free Preview- The most comprehensive resource on price management, covering all key dimensions and applicable to all types of industries and organizations
- Features dozens of examples and case studies from around the world
- Integration of theoretical rigor with practical relevance will appeal to managers, researchers, and students alike
- Adaptation of the authors’ leading German-language text (in four editions), highlighting the most current innovations in pricing, including new price metrics, Big Data applications, two-sided price systems, negative prices, and digital payment systems such as bitcoin
- Authors are the foremost experts on pricing, actively consulting and teaching
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- About this book
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In this book, the world’s foremost experts on pricing integrate theoretical rigor and practical application to present a comprehensive resource that covers all areas of the field. This volume brings together quantitative and qualitative approaches and highlights the most current innovations in theory and practice.
The result is a “bible” for leaders who recognize that price is not only a means to drive profit in the short term, but a tool to generate sustained growth in shareholder value over the longer term, and a primer for researchers, instructors, and students alike.
Praise for Price Management
“This book is truly state of the art and the most comprehensive work in price management.”
- Prof. Philip Kotler, Kellogg School of Management, Northwestern University
“This very important book builds an outstanding bridge between science and practice.“
- Kasper Rorsted, CEO, Adidas
“This book provides practical guidelines on value creation, communication and management, which is an imperative for businesses to survive in the coming era of uncertainty.”
- Dr. Chang-Gyu Hwang, Chairman and CEO, KT Corporation (Korea Telecom)
- About the authors
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Hermann Simon is the founder and honorary chairman of Simon-Kucher & Partners, the world’s leading price consultancy. Ranked on the Thinkers50 list of the most influential international management thinkers, he is considered the world’s leading authority on pricing.
Simon has published over 35 books in 27 languages, including the worldwide bestsellers Hidden Champions, Confessions of the Pricing Man, Power Pricing, and Manage for Profit, Not for Market Share. From 1995 to 2009 he served as CEO of Simon-Kucher & Partners. He has advised many of the world’s leading companies, and has served as a board member of foundations and corporations.
Before committing himself entirely to management consulting, Simon was a professor of business administration and marketing at the Universities of Mainz (1989-1995) and Bielefeld (1979-1989). His visiting professorships include Harvard Business School, Stanford, London Business School, INSEAD, Keio University in Tokyo, and the Massachusetts Institute of Technology.
He has served on the editorial boards of numerous business journals, including the International Journal of Research in Marketing, Management Science, Recherche et Applications en Marketing, Décisions Marketing, and European Management Journal. He was also president of the European Marketing Academy (EMAC).
Simon studied economics and business administration at the Universities of Cologne and Bonn, where he received degrees in economics and earned his Ph.D. in management science. He has received many international awards and three honorary doctorates. He is honorary professor at the University of International Business and Economics in Beijing and the Hermann Simon Business School in China has been named in his honor.
Martin Fassnacht is the Otto Beisheim Chaired Professor of Marketing and Commerce at the WHU – Otto Beisheim School of Management in Düsseldorf, Germany. He ranks as one of Germany’s most influential economists. Under the motto “We Inspire Marketing,” he and his team at WHU generate fresh ideas for research, practice, and teaching in price management, retail marketing, and brand management. He serves as a strategic advisor to consumer goods manufacturers and retailers, and he and his team conduct projects in cooperation with partners from industry and trade. He is also the author of numerous publications in international peer-reviewed journals and magazines.Fassnacht is the scientific director of the Center for Market-Oriented Corporate Management at WHU and the academic director of WHU’s MBA program. He is the chairman of the Advisory Board of the Henkel Center for Consumer Goods (HCCG) at WHU.
Fassnacht completed his post-doctoral work at the University of Mannheim and at the WHU with Prof. Christian Homburg. He received his Ph.D. in Business Administration from the University of Mainz under the direction of Prof. Hermann Simon, co-author of this book. Fassnacht was a visiting scholar at the Owen Graduate School of Management at Vanderbilt University and at the McCombs School of Business at the University of Texas at Austin.
- Table of contents (14 chapters)
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Fundamentals of Price Management
Pages 1-28
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Price Strategy
Pages 29-84
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Analysis: The Economics of Price
Pages 85-142
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Analysis: The Psychology of Price
Pages 143-172
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Decision: One-Dimensional Prices
Pages 173-208
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Table of contents (14 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Price Management
- Book Subtitle
- Strategy, Analysis, Decision, Implementation
- Authors
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- Hermann Simon
- Martin Fassnacht
- Copyright
- 2019
- Publisher
- Springer International Publishing
- Copyright Holder
- Springer Nature Switzerland AG
- eBook ISBN
- 978-3-319-99456-7
- DOI
- 10.1007/978-3-319-99456-7
- Hardcover ISBN
- 978-3-319-99455-0
- Edition Number
- 1
- Number of Pages
- XVIII, 558
- Number of Illustrations
- 137 b/w illustrations, 2 illustrations in colour
- Additional Information
- English Translation and Adaptation from the 4th original German edition, Preismanagement, published by Springer Gabler, Heidelberg, 2016
- Topics