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