Authors: Tim J. Smith, PhD
In this article, the author explains how, using a price waterfall, we can identify specific pricing decision areas that should be led by individuals in marketing, sales, and finance; and other pricing areas where the decision should be made collaboratively. Tim J. Smith, PhD is the founder and CEO of Wiglaf Pricing, adjunct professor at DePaul University, and Academic Advisor for the Certified Pricing Professional designation. His most recent book is Pricing Done Right: The Pricing Framework Proven Successful by the World’s Most Profitable Companies (Bloomberg Financial, 2016). He can be reached at tsmith@wiglafpricing.com.
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