How a revised positioning and pricing strategy prevented price erosion in the face of crisis.
CoachSource is one of the worlds largest executive and corporate coaching companies. Working to quickly respond to their clients' changing needs due to the COVID-19 pandemic, they needed an innovative approach to developing and launching a new "Crisis Coaching" package.
Xcelerate delivered a positioning and pricing strategy for the new coaching product that successfully prevented price erosion, enabled the company to offer a new, low-risk entry level coaching product and helped develop a sales and marketing strategy to introduce it to market.
As a result, CoachSource had a more flexible product offering that could not only respond to shifting client budgets, but also provide opportunities for new prospects to experience CoachSource with a low-risk and affordable entry point.