Consulting Q&A – Ask Questions about Your Career

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Which consulting companies should I target, I'm 36 years old with a decade of experience in a B2B manufacturing firm in India.

age consulting pricing strategy

Most recent answer on Apr 18, 2024

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

gave the best answer on Apr 18, 2024

#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi Amar, 1) Are there other firms that I could try for? For strategy consulting positions, I don’t think you will find a good work-life balance in any top firm. Possibly some boutiques specifically focused on a niche mi ... (read entire answer)

23
Total Upvotes

on Apr 18, 2024 on Apr 18, 2024
Last Activity

Strategy & operation case study

growth strategy pricing strategy

Most recent answer on Dec 01, 2023

#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

gave the best answer on Dec 01, 2023

#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Great prompt for a coaching session! Really hard to give a strong answer here.

1.6 k
Views

18
Total Upvotes

on Dec 01, 2023 on Dec 01, 2023
Last Activity

What are the most appropriate frameworks for pricing cases?

Case Case Interview Framework McKinsey pricing pricing strategy profitability

Most recent answer on Nov 10, 2023

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

gave the best answer on Jul 21, 2017

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, The general framework for pricing is: Cost base - Value based - Competitor based - pricing strategy 1. Cost based - you actually check what are the costs and apply standard industry / target markup 2. Value ba ... (read entire answer)

38.6 k
Views

89
Total Upvotes

on Nov 10, 2023 on Nov 10, 2023
Last Activity

Pricing case

A.T. Kearney Bain BCG Boston Consulting Group Case Interview MBB McKinsey McKinsey & Company Oliver Wyman pricing strategy

Most recent answer on Nov 26, 2022

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

gave the best answer on May 16, 2021

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello! Indeed the 3 ones that you have mentioned are the "classical" ones for pricing. Careful with the prhasing, since many times it seems a bit either/or (e.g., we can either take a break-even strategy to ensure ... (read entire answer)

2.1 k
Views

28
Total Upvotes

on Nov 26, 2022 on Nov 26, 2022
Last Activity

Impact of pricing strategy on market sizing

market size Market sizing pricing pricing strategy

Most recent answer on Dec 31, 2021

McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

gave the best answer on Nov 27, 2019

McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi Thibault, generally speaking it can work, but it really depends on the problem. Could you provide us with more context? In particular, if we identify a potential client well defined/niche we could close our problem ... (read entire answer)

3.0 k
Views

13
Total Upvotes

on Dec 31, 2021 on Dec 31, 2021
Last Activity

ROI Model

business model pricing strategy

Most recent answer on Dec 05, 2021

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

gave the best answer on Dec 02, 2021

#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi Patrick, This is indeed an interesting question, so I am happy to provide my perspective on it: In case I understand you correctly, you are asking about the right way to do value-based consulting. The way it normally ... (read entire answer)

7
Total Upvotes

on Dec 05, 2021 on Dec 05, 2021
Last Activity

Difference between competitor-based and value-based pricing strategy

Competitor Analysis pricing pricing strategy value based pricing

Most recent answer on Nov 04, 2021

Highest-rated McKinsey coach (ratings, offers, sessions) | 500+ offers | Author of The 1% & Consulting Career Secrets

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)

1.6 k
Views

49
Total Upvotes

on Nov 04, 2021 on Nov 04, 2021
Last Activity

Pricing a product and the impact of R&D costs

business acumen pricing pricing strategy R&D

Most recent answer on Jul 10, 2021

#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

gave the best answer on Jul 10, 2021

#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there, It literally depends on whether R&D has already occured... If the case is about the decision to launch a new product, you need to consider R&D costs and what pricing could cover them. If R&D ... (read entire answer)

1.2 k
Views

36
Total Upvotes

on Jul 10, 2021 on Jul 10, 2021
Last Activity

Wild Card question: How would you price a COVID 19 vaccine?

Case covid19 pharma and health care cases pricing pricing strategy

Most recent answer on Oct 09, 2020

Anonymous gave the best answer on Oct 08, 2020

You are on the right track! Make sure you bring up ethical concerns, as well as constraints regarding government funding. Govs might have funded the development and are requiring you to not price per potential, but at p ... (read entire answer)

2.4 k
Views

17
Total Upvotes

on Oct 09, 2020 on Oct 09, 2020
Last Activity

BCG case 1

pricing strategy

Most recent answer on Jul 08, 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

gave the best answer on Jul 08, 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi, You can calculate the breakeven price for each group customer that will cover fixed costs. But the number you are missing is the number of customers or at least % split Best!

1.7 k
Views

2
Total Upvotes

on Jul 08, 2019 on Jul 08, 2019
Last Activity

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