Establishing a Pricing Function

Getting pricing right can mean the difference between profitable growth and stagnation, and between success and failure. The team responsible for pricing plays a key role in any business, with subscription businesses being no exception.

Whether a company is facing the prospect of building the pricing function from scratch, or adapting an existing function to include subscription-related pricing responsibilities, the organization of this team into an effective and agile enabler of growth and profitability is a key success characteristic. 

For this paper, we looked at the basic skill sets required and responsibilities for establishing a pricing function, deep-diving into the three core considerations when building their function: Scope, Skills, and Organization.