Why most B2B prices are miscalculated
85% of B2B companies do not have a defined pricing strategy. They set prices by intuition, copying others, or applying an arbitrary markup on costs. The result: they either undercharge and destroy margin, or overcharge and lose clients they could have converted.
According to McKinsey, a 1% improvement in price generates an average 11% increase in operating profits. Pricing is the most undervalued profitability lever in B2B. Yet it receives the least time and data. Shopify breaks down ten widely-used pricing strategies with guidance on choosing the right model for your business.
The solution is not competing on price. It is understanding how much value your client perceives, segmenting your market, and offering plans that maximize both conversion and margin. For that you need data: from your market, your competition, and your potential clients. HubSpot's in-depth guide to pricing strategies and models covers everything from cost-plus to value-based and dynamic approaches.