Get Active in Our Amazing Community of Over 451,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!

How does the Consulting Q&A work?

Anyone can ask a question
Anyone can write an answer
Upvotes let answers rise to the top
What would you like to ask or discuss?

Difference between competitor-based and value-based pricing strategy

Competitor Analysis pricing pricing strategy value based pricing
Most recent answer on Nov 04, 2021
The best answer (on Nov 04, 2021) is from:
Florian
Expert
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Florian
Expert
gave the best answer on Nov 04, 2021
Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets
Hey there, I agree with Sidi and Pedro on the conceptual nature of the question. I disagree with Sidi on the notion that cases will always cover value-based pricing. In general, I'd be cautious with absolutes related to ... (read entire answer)
5
Answers
1.6 k
Views
49
Total Upvotes
on Nov 04, 2021 on Nov 04, 2021
Last Activity

A good approach to benchmark competitive position of a firm?

competitive analysis Competitor Analysis
Most recent answer on Apr 12, 2021
The best answer (on Apr 10, 2021) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Apr 10, 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi Roberto, Here, the main statement is "Is my product better than my competitions' products in the areas that my customers care about?" In general, a Product, Company, Competition, Customer, framework could work. O ... (read entire answer)
2
Answers
1.3 k
Views
28
Total Upvotes
on Apr 12, 2021 on Apr 12, 2021
Last Activity

New product and new market

competitive response Competitor Analysis New Market Entry New product
Most recent answer on Jul 20, 2020
The best answer (on Jul 14, 2020) is from:
Clara
Expert
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Clara
Expert
gave the best answer on Jul 14, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut
Hello! Sorry, could you clarify what you mean with class, bootcamp and website? You mean PrepL? A priori seems okay, but this is only the 1st degree of depth, for sure not enaugh to assess whether would be enaugh or ... (read entire answer)
2
Answers
2.1 k
Views
4
Total Upvotes
on Jul 20, 2020 on Jul 20, 2020
Last Activity
3 results

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.