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Pricing for Digital Part 3: Challenges in Developing Comprehensive Pricing Plans

As digital delivery proliferates within the customer communications market, service providers with a legacy in print have been challenged to devise pricing models that position their operations for long-term sustainability. As part of its recently published research study entitled Pricing for Digital: Exploring New Models for Transactional Communications Delivery, Keypoint Intelligence – InfoTrends conducted more than a dozen in-depth interviews with print service providers in North America to gain a deeper understanding of the primary pricing obstacles that stakeholders face in today’s changing market. The final in a three-part series, this article explores the challenges that providers must overcome when developing comprehensive customer communications pricing plans.

Thursday, June 21, 2018

(Read part 1 of this series here. Read part 2 here.)

At the end of 2017, Keypoint Intelligence – InfoTrends published a research study entitled Pricing for Digital: Exploring New Models for Transactional Communications Delivery. As part of this research, we conducted over a dozen in-depth interviews with print service providers in North America to gain a deeper understanding of the primary pricing obstacles that stakeholders face in today’s changing market. One of the leading issues that our interviewees identified was the challenges they face in developing and marketing pricing plans that encompass composition and delivery of transactional and marketing messages to various print and electronic channels.

For years, many enterprises segregated their customer communications by purpose and channel, often resulting in inconsistent messaging that frustrated customers and wasted opportunities to cross-sell and upsell. Today’s consumers are more empowered than ever, and they are conditioned to expect instantaneous access to information, goods, and services. As they struggle to reach and engage with these increasingly informed consumers, businesses have been forced to reconsider their approaches. End customers are demanding more relevant communications, and enterprise clients are increasingly interested in coordinating their correspondence. The goal is to develop a cohesive approach that makes the most of every customer touchpoint across every channel, and this has given marketers and technology specialists a greater influence over outbound communications.


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About Keypoint Intelligence

Since 1961, the digital imaging industry has relied on Keypoint Intelligence for independent hands-on testing, lab data, and market research to drive product and sales success. Keypoint Intelligence has been recognized as the industry’s most trusted resource for unbiased information, analysis, and awards. Clients have harnessed this knowledge for strategic decision-making, daily sales enablement, and operational efficiency improvements. Keypoint Intelligence continues to evolve with the industry by expanding its offerings and intimately understanding the transformations occurring in the digital printing and imaging sector.

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