Strategies for pricing spare parts

29/04/2024 26 min

Listen "Strategies for pricing spare parts"

Episode Synopsis

In the complex world of spare parts
industry, a crucial element dictates the
repairability of products: pricing.
Imagine for a moment a universe
where automobiles, electronics, or ap-
pliances exist without their essential
parts. An inconceivable idea, isn't it?
These components, though often tiny,
are the cornerstone of our modern dai-
ly life.
But here's the dilemma: how to set the
right price for these vital elements?
How to balance the need for profitabil-
ity with the imperative of meeting cus-
tomer expectations, and societal con-
cerns pushing towards greater repaira-
bility?
This podcast delves into the heart of
these crucial questions, exploring the
intricacies of pricing strategies specifi-
cally tailored to spare parts.