How to price your aftermarket parts for increased revenue and margin

Category: Aftermarket
23 January 2014, Comments: Comments Off

here is increased interest from OEM’s reviewing their spare parts pricing strategy, and therefore the people who have responsibility for pricing of parts need to create interest from their management, to approve a pricing project. A pricing project should achieve a ROS (return on sales) of between 2% to 4%.

AssetRight have extensive experience of developing pricing strategies of value based pricing, pricing corridors and price setting for complex global OEM organisations. Our practical knowledge of price setting across multiple channels to market, sets us apart from other pricing consultancies. We are experts in spare parts pricing for aftermarket.

AssetRight can provide expertise in developing a specific pricing framework, assist in selecting a pricing tool to support your pricing department and above all help set your pricing strategy to achieve exceptional revenue and margin improvement.

For more information, email info@assetright.com or call 020 7034 7002.

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