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Global Pricing Study 2016: A remarkable 93 percent of companies worldwide acknowledge the impact of digitalization, yet don't know where to start when it comes to addressing the issue. One thing is clear, only with the right price strategy will companies be able to overcome the challenges of this mega trend.
Special analysis of the Global Pricing Study 2016 for the medtech industry. Margins set to decline
Simon - Kucher & Partners’ Global Pricing Study 2016 results revealed room for improvement in many companies’ approach towards pricing. As much as 87% of the respondents indicated a need for more investments in a better and more professional approach towards pricing.
Increasing low-cost competition and clients' growing negotiation power are just two of the reasons for rising price pressure. Companies can counteract through effective price management.