Pricing problems: Short-term gains, long-term losses
A new study from the Wharton School finds that managers are often shortsighted when making pricing decisions, sacrificing long-term profits by as much as 20% as a result. The study found marketing specialists to be overly fearful of setting a price for which they were uncertain about demand.
Gespeichert in:
Veröffentlicht in: | Harvard business review 1994-03, Vol.72 (2), p.11 |
---|---|
Format: | Magazinearticle |
Sprache: | eng |
Schlagworte: | |
Online-Zugang: | Volltext |
Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
container_end_page | |
---|---|
container_issue | 2 |
container_start_page | 11 |
container_title | Harvard business review |
container_volume | 72 |
description | A new study from the Wharton School finds that managers are often shortsighted when making pricing decisions, sacrificing long-term profits by as much as 20% as a result. The study found marketing specialists to be overly fearful of setting a price for which they were uncertain about demand. |
format | Magazinearticle |
fullrecord | <record><control><sourceid>proquest</sourceid><recordid>TN_cdi_proquest_miscellaneous_227760367</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>876527</sourcerecordid><originalsourceid>FETCH-LOGICAL-p117t-6cd2103bda896280214976c1dd5f80b817a3d1bb7b4d7a4c4650e2b19f82d15b3</originalsourceid><addsrcrecordid>eNotjstqwzAQRbVooWnaf_Cumwo0kqyRsyuhLwgkkHYd9LLrIFupx_n_BtK7OXAWh3vDFkIAcitA3rF7oqO4zKBdML2b-tCPXXWais9poFW1_ynTzOc0DVXn-pGeq1zG7ipyIUr0wG5blyk9_nPJvt9ev9YffLN9_1y_bPgJAGduQpQglI_ONkZaIUE3aALEWLdWeAvoVATv0euITgdtapGkh6a1MkLt1ZI9XbuXc7_nRPNh6CmknN2YypkOUiIaoQyqPz0sQT8</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>magazinearticle</recordtype><pqid>227760367</pqid></control><display><type>magazinearticle</type><title>Pricing problems: Short-term gains, long-term losses</title><source>EBSCOhost Business Source Complete</source><description>A new study from the Wharton School finds that managers are often shortsighted when making pricing decisions, sacrificing long-term profits by as much as 20% as a result. The study found marketing specialists to be overly fearful of setting a price for which they were uncertain about demand.</description><identifier>ISSN: 0017-8012</identifier><language>eng</language><publisher>Boston: Harvard Business Review</publisher><subject>Demand analysis ; Management ; Prices ; Pricing policies ; Profit ; Profit maximization</subject><ispartof>Harvard business review, 1994-03, Vol.72 (2), p.11</ispartof><rights>Copyright Harvard Business Review Mar/Apr 1994</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>780,784</link.rule.ids></links><search><title>Pricing problems: Short-term gains, long-term losses</title><title>Harvard business review</title><description>A new study from the Wharton School finds that managers are often shortsighted when making pricing decisions, sacrificing long-term profits by as much as 20% as a result. The study found marketing specialists to be overly fearful of setting a price for which they were uncertain about demand.</description><subject>Demand analysis</subject><subject>Management</subject><subject>Prices</subject><subject>Pricing policies</subject><subject>Profit</subject><subject>Profit maximization</subject><issn>0017-8012</issn><fulltext>true</fulltext><rsrctype>magazinearticle</rsrctype><creationdate>1994</creationdate><recordtype>magazinearticle</recordtype><sourceid/><recordid>eNotjstqwzAQRbVooWnaf_Cumwo0kqyRsyuhLwgkkHYd9LLrIFupx_n_BtK7OXAWh3vDFkIAcitA3rF7oqO4zKBdML2b-tCPXXWais9poFW1_ynTzOc0DVXn-pGeq1zG7ipyIUr0wG5blyk9_nPJvt9ev9YffLN9_1y_bPgJAGduQpQglI_ONkZaIUE3aALEWLdWeAvoVATv0euITgdtapGkh6a1MkLt1ZI9XbuXc7_nRPNh6CmknN2YypkOUiIaoQyqPz0sQT8</recordid><startdate>19940301</startdate><enddate>19940301</enddate><general>Harvard Business Review</general><scope/></search><sort><creationdate>19940301</creationdate><title>Pricing problems: Short-term gains, long-term losses</title></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-p117t-6cd2103bda896280214976c1dd5f80b817a3d1bb7b4d7a4c4650e2b19f82d15b3</frbrgroupid><rsrctype>magazinearticle</rsrctype><prefilter>magazinearticle</prefilter><language>eng</language><creationdate>1994</creationdate><topic>Demand analysis</topic><topic>Management</topic><topic>Prices</topic><topic>Pricing policies</topic><topic>Profit</topic><topic>Profit maximization</topic><toplevel>online_resources</toplevel><jtitle>Harvard business review</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Pricing problems: Short-term gains, long-term losses</atitle><jtitle>Harvard business review</jtitle><date>1994-03-01</date><risdate>1994</risdate><volume>72</volume><issue>2</issue><spage>11</spage><pages>11-</pages><issn>0017-8012</issn><abstract>A new study from the Wharton School finds that managers are often shortsighted when making pricing decisions, sacrificing long-term profits by as much as 20% as a result. The study found marketing specialists to be overly fearful of setting a price for which they were uncertain about demand.</abstract><cop>Boston</cop><pub>Harvard Business Review</pub></addata></record> |
fulltext | fulltext |
identifier | ISSN: 0017-8012 |
ispartof | Harvard business review, 1994-03, Vol.72 (2), p.11 |
issn | 0017-8012 |
language | eng |
recordid | cdi_proquest_miscellaneous_227760367 |
source | EBSCOhost Business Source Complete |
subjects | Demand analysis Management Prices Pricing policies Profit Profit maximization |
title | Pricing problems: Short-term gains, long-term losses |
url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-26T08%3A49%3A36IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Pricing%20problems:%20Short-term%20gains,%20long-term%20losses&rft.jtitle=Harvard%20business%20review&rft.date=1994-03-01&rft.volume=72&rft.issue=2&rft.spage=11&rft.pages=11-&rft.issn=0017-8012&rft_id=info:doi/&rft_dat=%3Cproquest%3E876527%3C/proquest%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=227760367&rft_id=info:pmid/&rfr_iscdi=true |