Who Started the Price War? 88% of companies said it was someone else …


 88% of companies said it was someone else who started it.

Only 5% reported that they started it on purpose.

And 7% said that they started it accidentally.

It seems highly probable that many of the 88% actually started the price war without realizing it …. or maybe are in denial.

Have you ever started a price war by mistake?

Presented at the Professional Pricing Society Conference in May 2015 by Prof. Dr. Dr. h.c. mult. Hermann Simon (Source: Simon-Kucher & Partners Global Pricing Study 2014)

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