Price Your Way to Higher Profits
Industry price declines, big wholesaler mark ups and aggressive competition should not stop you from raising prices and closing revenues leakages
I work with cannabis firms to optimize their pricing strategies and tactics, including:
(1) Finding high potential/ low volume risk places to raise prices
(2) Better align pricing to value delivered and competitive pressures
(3) Close revenue leakages such as unauthorized discounting and weak controls
My cannabis clients have used innovative pricing initiatives to generate a 5 to 7 percent increase in return on sales and a 15 to 25 percent increase in net profit, without volume and brand risk.
Send me a DM to chat about how we can unlock profitable revenue in your product portfolio
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