Value assessment and pricing capabilities—how to profit from value

Summary, in English

Value is a key concept for researchers and practitioners in the fields of strategy, marketing, and pricing. In the strategy literature, value is closely related to competitive advantage and profit, in the marketing literature value is the cornerstone of the marketing management process, in the pricing literature value represents the customer’s willingness to pay. The aim of this article is to bridge the gap between marketing, pricing and strategy research through a compilation of five short essays that focus on value assessment and

pricing capabilities. This article argues that value assessment and pricing capabilities provide the foundation for value creation and value appropriation in business-to-business markets, highlights their implications for profiting from value created and delivered, and outlines important areas for future research.

• Author: Magnus Johansson; Joona Keränen; Andreas Hinterhuber; Stephan Liozu; Linn Andersson
• Department/s: Institute of Economic Research
• Publishing year: 2015
• Language: English
• Pages: 178-197
• Publication/Series: Journal of Revenue and Pricing Management
• Volume: 14
• Issue: 3
• Links: http://dx.doi.org/10.1057/rpm.2015.8
• Document type: Journal article
• Publisher: Macmillan
• Topic: Business Administration
• Keywords: value assessment; capabilities; pricing; strategy; profit
• Status: Published
• ISBN/ISSN/Other: ISSN: 1476-6930