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Spare Parts Pricing Strategy

Spare Parts Pricing Strategy

World-leading spare parts pricing research and strategy development for improved profitability

Project Overview

A comprehensive spare parts pricing research project to optimize pricing strategy and improve aftermarket profitability.

Business Challenge

The client's spare parts pricing was not optimized, leading to lost revenue opportunities and competitive disadvantages.

Our Solution

We conducted extensive price research across multiple markets and developed a dynamic pricing strategy based on market conditions and competitive positioning.

Business Results

Improved spare parts margins by 30% and increased aftermarket revenue by $15M annually.

"The pricing insights from Newvia transformed our aftermarket business. We now have a competitive advantage in spare parts pricing."

Mike Chen, Director of Aftermarket
Heavy Equipment Manufacturer