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Overview
EVM (Economic Value Modeling) also known as EVC (Economic Value Calculation) is an important step in the B2B value management cycle of value creation, value pricing, value communication, and value selling. This training program is focused on the process, the technique, and the use of EVM as an important instrument to understand, communicate, and sell your differentiated value.
This training is part of The EPP Global Pricing and Revenue Management Forum 2024, the only international pricing forum dedicated to Pricing and Revenue Directors/Managers, cross-industry. With a Full Pass, you'll gain access to both the training and the entire Forum, maximizing your learning and networking opportunities!
Our Participant Profile
This training is targeted for industry practitioners at the following functions in B2B environments:
- Innovation managers
- Product managers
- R&D managers
- Pricing analysts
- Pricing managers
- Segment managers
- Marketing managers
- Business Development managers
- Sales managers
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Harness the expertise to implement a value-driven pricing strategy. Secure lucrative profits by aligning your pricing with the genuine value you deliver to customers. Master the art of economic value modeling (EVM) as an integral step in the value management cycle, encompassing value creation, value pricing, value communication, and value selling.
LEARNING JOURNEY
Deep dive into the process, the technique, and the use of Economic Value Modeling as an important instrument to understand, communicate, and sell your differentiated value.
1. Economic Value Estimation
Determine the Initial Price Band
Refine Based on Market Context and Profitability Analysis
Validate and Finalize Target Price by Segment
2. Feature-Benefit-Value Mapping
Link Features to Value Drivers
How to create unique benefits with digital data
Preliminary Value Quantification
Test and Validate Model
3. Exercise on Economic Value Estimation
Apply the interview technique SPIN (Situation- Problem- Implication – Need) to uncover needs and prepare a benefit-value quantification.
A real B2B case will be used to guide the exercise.
4. Economic Value Calculation as Input for Pricing
How do you translate value in pricing?
How to create new earning logic in a Digital Era?
Exercise on price positioning
Service pricing
Digitally Enabled Solutions pricing
Differentiated offer configurations: Prepare options to meet demand from various customer segments
5. Economic Value Calculation as Input for Value Selling
Value communication and psychology
Examples of economic benefits perceived by professional buyers and their willingness to pay
The behavior of professional buyers depicted by neuro-sciences (B2B case study)
Exercise on value communication
6. Price Policies and Governance
Visually represent the opportunities identified after brainstorming and analysis exercise, prioritizing goals for your RGM roadmap.
Wrap-up and Key Take-Aways for the Training
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Partner, Monitor Deloitte
Marc AbelsMarc has 20 years of experience in Go to market strategies and a deep expertise in pricing. He leads the Strategy & Analytics team (260 consultants) for Deloitte Belgium. He is one of the ‘pricing’ experts within Deloitte Europe and is a regular speaker on various pricing conferences (e.g. EPP- Pricing Platform).
Director – Commercial Strategy & Pricing
Simon MurzeauSimon is a Director within the Strategy department of Deloitte, focusing on Commercial Strategy & Pricing. For the last 12+ years he has gained experience on pricing and analytics in payments, healthcare (med-dev) and transportation industries.
Experience ranges from value-based pricing projects to leading pricing transformation programs as head of a pricing organization, as a trusted advisor to senior business leaders.
His industry background in pricing and analytics enables him to identify the value levers and issues of clients around pricing and revenue optimization.
Senior Manager - Commercial Strategy and Pricing
Thomas AertsThomas Aerts is a senior manager at Monitor Deloitte Consulting Practice in Belgium. He is specialized in supporting clients on various Commercial Strategy & Pricing challenges to improve their top line performance.
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Dates & Fees
Start : 12 Nov 2024 at 09:00
Duration : 2 days
Location : Amsterdam (Leonardo Royal Hotel Amsterdam)
Fees : €1920.00Discounts
15% discount if you register with 2
25 % discount if you register with 3 or more
10% discount for our CPM Alumni
€300 discount on certification programs for EPP Prime Members
€150 discount on open programs for EPP Prime MembersHotel info
VENUE
Location and contact:
Paul van Vlissingenstraat 24, 1096 BK Amsterdam
T: +31 20 2500000
E: reservations.royalamsterdam@leonardo-hotels.nl
Accommodation
EPP has secured a preferential room rate at the Leonardo Royal Hotel Amsterdam, exclusively for the attendees of this Forum.
To benefit from this preferential rate and more information, please contact Francisco Porcel at francisco.porcel@pricingplatform.com.
- Please note that the program fee does not include travel expenses, accommodation, individually organized dinners and other incidentals.
- VAT shall apply at prevailing rates according to local (country of training) laws and regulations.
- We try to negotiate special hotel rates if possible - please ask the hotel for the best rates.
- If you have special requests, please connect with academy@pricingplatform.com
- Please note that EPP reserves the right to cancel or postpone events/sessions, or alter the country, location or venue in case of force-majeur, unforeseen circumstances, or if minimum registration numbers are not met. In case of such cancellation, postponement or alteration by EPP, registrants will receive a rollover credit for attendance at the rescheduled sessions.
- For more information we refer to our Terms and Conditions.