Episode 50: Strategy and Tactics of Pricing- Creating Price Integrity
NOV 25, 202523 MIN
Episode 50: Strategy and Tactics of Pricing- Creating Price Integrity
NOV 25, 202523 MIN
Description
<p>Consistency builds trust — and trust builds long-term customers. In this episode of <em>Main Street Matters,</em> Patrick Keiser continues our series inspired by Thomas Nagle’s <em>The Strategy and Tactics of Pricing</em> with a deep dive into the often-overlooked foundation of a healthy pricing strategy: <strong>integrity.<br></strong><br></p><p>As Nagle writes: <em>“Consistency in pricing signals consistency in value.”<br></em><br></p><p>This episode explores how pricing integrity shapes customer perception, loyalty, and confidence — and why even small inconsistencies can quietly erode the trust that independent retailers work so hard to build.</p><p>You’ll learn:</p><ul>
<li>What pricing integrity really means (and why it’s more than just accurate price tags)</li>
<li>How inconsistent pricing — online vs. in-store, sudden markdowns, unclear promotions — damages customer trust</li>
<li>Strategies to align your pricing, communication, and policies across your entire business</li>
<li>How to communicate price changes honestly and confidently</li>
<li>Three practical steps you can take this week to reinforce pricing integrity</li>
</ul><p>If you’ve ever struggled with customer questions about pricing or worried that promotions may be confusing your message, this episode will help you build the clarity, fairness, and consistency your customers deserve.<br><br></p><p><strong>Keywords:</strong> independent retail, small business pricing, pricing integrity, fair pricing, retail trust, pricing consistency, Main Street marketing, Thomas Nagle, The Strategy and Tactics of Pricing<br><br></p>