perspective involves embracing lessons from an auction--the notion that different customers have different valuations for a product.
and demand for reclaimed PET and HDPE is related to pricing
for their virgin counterparts.
changes need to follow a change in the perceived value of an institution, not lead it.
The insights and strategies revealed in The Tao of Pricing
can be applied to any type of pricing
--newsletters, special reports, consumer goods, even consulting fees.
benchmarks that are industry or company based;
In a recent study by Horison Information Strategies, relative pricing
comparisons were made for working subsystems of enterprise-class disk, mid-range disk, and for lower-cost IDE/ATA or subsystems, and for a variety of vendors' automated tape subsystems.
Discussing price up front puts these issues on the table, and in the long run will save countless hours spent in pricing
disputes, write-offs and other problems that could have been avoided had there been better communication at the beginning of the engagement.
Section 247 has three main elements: a statutory expression of the arm's length principle as the basis on which adjustments to income and the cost of property may be made'(6) a specific transfer pricing
penalty;(7) and documentation requirements that, if not satisfied at a threshold level, will engender the imposition of the penalty(8) in respect of adjustments to income and the tax cost of property.
The penalty would be 10% of the amount of the "reduced" transfer pricing
income and "capital adjustments.
Of course, pricing
should be done very, very carefully.
The range of pricing
results using the three methods is dramatic.