| Week # | Topics | Readings |
|---|---|---|
| 1 | Lecture: Introduction: Pricing Strategies - the Good, the Bad and the Ugly | Luecke, Richard. "Pricing it Right: Strategies, Applications and Pitfalls." In Marketer's Toolkit: The 10 Strategies You Need to Succeed. Boston, MA: Harvard Business School Press, 2006. ISBN: 1591397626.Skim Nagle. Chapter 1 and 2 (intro). If needed, review the break even analysis in Chapter 8/9 of Nagle. |
| 2 | Lecture: Maximizing Economic Value to the Customer Case: Exploring EVC | Lecture: Maximizing Economic Value to the Customer Dolan, Robert J. "Pricing a Value-Based Approach." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-500-071. December 21, 1999. Nagle. Chapter 3. Case: Exploring EVC Shapiro, Benson P., and Jeffrey J. Sherman. "Cumberland Metal Industries: Engineered Products Division-1980." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-580-104. January 1, 1980. |
| 3 | Lecture: Measuring Demand and influencing Consumer Behavior: A Practical Approach to Pricing a New Product Case: Pricing a Product for the First Time | Lecture: Measuring Demand and influencing Consumer Behavior: A Practical Approach to Pricing a New Product Gourville, John T. "Note on Behavioral Pricing." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-599-114. May 25, 1999. Dolan, Robert J. "Conjoint Analysis: A Managerial Guide." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-590-059. May 8, 1990. Nagle. Chapter 13. Nagle. Chapter 8, pp. 149-157. (Costs.) Nagle. Chapter 4, pp. 96-101. (Reference Effects.) Case: Pricing a Product for the First Time McGovern, Gail. "Virgin Mobile USA: Pricing for the Very First Time." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-504-028. September 8, 2003. |
| 4 | Lecture: How to Price to Best your Competitors? Case: How to React to a Price Cut? Case: When is Price-Cutting a Good Idea? | Lecture: How to Price to Best your Competitors? Rao, Ashkay R., Mark E. Bergen, and Scott Davis. "How to Fight a Price War." Harvard Business Review , March 1, 2000. Nagle. Chapter 10. Case: How to React to a Price Cut? Aquilar, Francis J. "Beauregard Textile Company." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-191-058. October 19, 1990. (This is a 2 page case we will quickly cover the 2nd half of class.) Case: When is Price-Cutting a Good Idea? Silk, Alvin J., and Bruce Isaacson. "Philip Morris: Marlboro Friday (A)." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-596-001. September 19, 1995. |
| 5 | Lecture: The Basic Theory of Segmentation Case: Product Line Pricing | Lecture: The Basic Theory of Segmentation Black, Jane. "Sharper Tools for Discriminatory Pricing." Business Week, July 31, 2003. Grow, Brian. "The Great Rebate Runaround." Business Week , November 23, 2005. Nagle. Chapter 3, pp. 45-50. (Review.) Nagle. Chapter 4, pp. 60-78. Nagle. Chapter 7. Case: Product Line Pricing Dhebar, Anirudh, and Adam Brandenburger. "American Airlines, Inc.: Revenue Management." Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-190-029. July 31, 1989. |
| 6 | Lecture: Customizing Prices in Multiple Ways Case: Pricing in the Marketing Mix | Lecture: Customizing Prices in Multiple Ways Dutta, Shantanu, Mark Bergen, Daniel Levy, Mark Ritson, and Mark Zbaracki. "Pricing as a Strategic Capability," Sloan Management Review Vol. 43, No. 3 (Spring 2002): 61-66. Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-SMR-080. April 1, 2002. Case: Pricing in the Marketing Mix Anderson, Eric T. Keurig At Home. Harvard Business School Case. Boston, MA: Harvard Business School Publishing. Case: 9-KEL-021. February 28, 2005. |
When you click the Amazon logo to the left of any citation and purchase the book (or other media) from Amazon.com, MIT OpenCourseWare will receive up to 10% of this purchase and any other purchases you make during that visit. This will not increase the cost of your purchase. Links provided are to the US Amazon site, but you can also support OCW through Amazon sites in other regions.