ISBN : 9780199543175
The Oxford Handbook of Pricing Management is a comprehensive guide to the theory and practice of pricing across industries, environments, and methodologies. The Handbook illustrates the wide variety of pricing approaches that are used in different industries. It also covers the diverse range of methodologies that are needed to support pricing decisions across these different industries. It includes more than 30 chapters written by pricing leaders from industry, consulting, and academia. It explains how pricing is actually performed in a range of industries, from airlines and internet advertising to electric power and health care. The volume covers the fundamental principles of pricing, such as price theory in economics, models of consumer demand, game theory, and behavioural issues in pricing, as well as specific pricing tactics such as customized pricing, nonlinear pricing, dynamic pricing, sales promotions, markdown management, revenue management, and auction pricing. In addition, there are articles on the key issues involved in structuring and managing a pricing organization, setting a global pricing strategy, and pricing in business-to-business settings.
PART I. INTRODUCTION
1. Introduction
PART II. PRICING IN SELECTED INDUSTRIES
2. Why are Prices Set the Way they Are?
3. Airline Pricing
4. Electric Power Pricing
5. Health Care Pricing in the United States: The Case of Hospitals
6. Pricing in Restaurants
7. Pricing of On-line Display Advertising
8. Consumer Credit Pricing
9. Wireless Services Pricing in the US
10. For What IT's Worth: Pricing Internal IT Services
11. Television Advertisement Pricing in the US
12. Pricing in the Cruise Line Industry
13. Less-than-Truckload Pricing
14. Pricing in the North American Protein Industry
15. Wine Pricing in the United States
16. Pricing and Sales Practices in the Grand Bazaar of Istanbul
PART III. PRICING FUNDAMENTALS
17. Price Theory in Economics
18. Models of Demand
19. Game Theory Models of Pricing
20. Behavioral Issues in Pricing Management
PART IV. PRICING TACTICS
21. Customized Pricing
22. Nonlinear Pricing
23. Dynamic List Pricing
24. Sales Promotions
25. Markdown Management
26. Revenue Management
27. Auction Pricing
28. Service Engineering: Design and Pricing of Service Features
29. Pricing in Business-to-Business Contracts: Sharing Risk, Profit, and Information
30. Joint Pricing and Inventory Management
PART V. ORGANIZATION AND PROCESSES
31. Structuring and Managing an Effective Pricing Organization
32. Global Pricing Strategy
33. Using Lean Six Sigma to Improve Pricing Execution
34. Pricing with Confidence in Business-to-Business Settings
PART VI. CURRENT CHALLENGES AND FUTURE PROSPECTS
35. Challenges and Future Prospects for Pricing Management