IPS Group Launches Price4Profits to Help Companies Stop Leaving Money on the Table Through Poor Pricing Strategies

HUNTERSVILLE, N.C., Feb. 10, 2015 /PRNewswire/ -- Businesses that may be leaving thousands of dollars on the table annually in lost profits or driving customers away with high prices now have a new partner in Innovative Price Solutions (IPS) Group, which helps companies rethink and revamp their pricing strategies for maximum business return.

IPS Group's Price4Profits services integrate data, pricing theory, and effective sales and marketing tactics in a comprehensive approach to help businesses achieve intelligent product and services pricing based on market data for maximum profitability. Price4Profits collaborates with companies to design pricing solutions that are unique to the industries and customers of its clients. Whether developing a pricing strategy, revising marketing tactics, conducting pricing workshops or offering web-based training seminars, Price4Profits helps companies harness their pricing potential without losing business to competitors or leaving money on the table.

"We help our clients end the overuse of excessive discounting and promotions through helping them develop intelligent pricing that fits into their overall business plan strategy," said company founder and CEO Jerome Igle. "We help our customers find their 'sweet spot' of product and services pricing that's not too high or too low, based on market research, and help them better achieve bottom-line profitability."

Price4Profits offers consulting services in three broad areas: price optimization, price point "defense" and profit analytics. With Price Optimization, Price4Profits helps clients understand that their company's value proposition isn't necessarily being the low-cost provider or the highest price. Price Optimization links pricing to the overall objectives of the business plan. Price and Value Defense helps clients begin implementing sales strategies that "defend" pricing and help communicate the value-proposition that makes pricing resonate with customers. Profit Analytics delivers business intelligent and market-driven data to companies to help them eliminate "gut-feeling" pricing.

Overall, Price4Profits takes an integrated approach to help companies find their unique pricing niche by examining the processes and policies through which a company delivers its prices to customers. Because pricing doesn't develop in a vacuum, Price4Profits examines the specific organizational culture and people factors that might shape pricing behavior, as well as helping clients uncover customer, channel and product profitability patterns across numerous transaction records.

About IPS Group: Innovative Pricing Solutions (IPS) Group:  Based in Huntersville, N.C., Innovative Pricing Solutions (IPS) Group, LLC integrates data, pricing theory, and effective sales and marketing tactics in a comprehensive approach to business product and services pricing and overall business profitability management. Instead of "off the shelf" recommendations, IPS collaborates with businesses to design solutions that are as unique as the industries and customers they serve. IPS operates in the marketplace as Price4Profits, offering its pricing consultancy services to help businesses harness their optimal pricing potential. The company was founded and organized by a Certified Pricing Professional with vast experience in the industry and certified by the Professional Pricing Society. For more information, visit us at: www.price4profits.com

For more information, contact:
Jerome Igle
704-631-3754
Email

SOURCE Innovative Price Solutions (IPS) Group LLC

Related Links

http://www.price4profits.com