Do Product Managers Have To Worry About Algorithms Raising Prices?
Product managers are discovering that their pricing algorithms may be colluding with other pricing algorithms to create higher prices for products
pricing
What Product Managers Need To Know About The 0.99 Trick
Product managers can use the just below pricing strategy to price their product when it is going to be compared with other products
Video Game Product Managers Struggle With Pricing
Product managers for video games have to find ways to maximize their revenue streams as they introduce games that cost more and more to create
How To Price Your Product Correctly
When I talk with product managers, over and over again I hear that the one task that they all fear the most is setting a price for their product. I’m not 100% sure why this is such a big deal. I guess the obvious answer is that a lot of us feel that if we … Read more
How Did GoPro Lose Their Focus?
Wouldn’t it be great if when you are out and doing all of the exciting things that you do, rock climbing, surfing, hiking, etc. if you could somehow capture the moment in a photo? Sure your cell phone has a camera on it, but it’s not really up to the task of surviving a lot … Read more
How Product Managers Can Check The Sofa For Coins
Have you ever been broke? I mean really, really broke? If you have, then you know what you have to do when you need to buy something. It could be something as simple as toilet paper, or coins to do your laundry. You need money and you have none. When this happens, you go on … Read more
5 Secrets To An Effective Pricing Strategy For Product Managers
Pricing really should not be all that hard to do, right? Pricing is just another part of your product development definition. Find out what your customer is willing to pay, design a product to be sold at that price that will give you a 25% profit margin, and poof you should be all good to … Read more
A Trash Company Show Product Managers How To Do Pricing
How much does your product cost? Is it the right price? Both of these questions are a part of the product development definition. As product managers when we set a price for our products we might also set up some discounting rules, and then we prefer to pretty much leave things alone. However, what if … Read more
Product Managers Learn To Optimize Prices In Order To Boost Margins
So what does a product manager need to do in order to make his / her product more profitable? As I suspect every product manager learned during the last global recession, cutting costs associated with your product is one important step. That’s a nice skill to have on your product manager resume, but it’s not … Read more
How Garmin Product Managers Keep From Getting Lost
How do you find your way around these days? If you are like most of us, you probable own one of those pocket sized GPS receivers that show you a map of where you are and how to get to where you want to go to. Lots of companies make these, but Garmin was one … Read more