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Value-Based Pricing

Delve into 'Value-Based Pricing', a slide within the 'Consulting Frameworks for Innovation' presentation, concentrating on the concepts of potential value loss from cost-based pricing and value capture with value-based pricing. As the name indicates, this slide examines the rationale behind value-based pricing strategies and the potential drawbacks of cost-based pricing methods. The central theme illustrates how an understanding of value can aid in making strategic pricing decisions. Indeed, the viewers will gain insights into applying these frameworks to innovate and foster structured thinking within their organizations. This slide adds essence to the complexities of pricing strategies, by offering theoretically sound yet practically applicable insights.