Posts by: Tim J. Smith, PhD

Top 6 – March 2008

By Tim J. Smith, PhD March 1, 2008

Beyond St’ Patty’s Day Luck is A Ram’s Charge Before considering penetration pricing, find a compelling downstream reason. For new-technology launches such…

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Wake Up and Smell the Coffee!

By Tim J. Smith, PhD February 1, 2008

What drives engagement and loyalty for your brand? Many companies think they know the answer to this because they’ve relied on some…

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Price Discrimination by the FAA

By Tim J. Smith, PhD February 1, 2008

Bring up the topic of price discrimination, and you are sure to find at least someone state that it isn’t fair, perhaps…

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Top 6 – February 2008

By Tim J. Smith, PhD February 1, 2008

A Rose is a Rose by Any Other Name. Embrace Your Inner Thorn. Don’t confuse table stakes with key differentiators. While both…

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9 Things Every Marketer Needs To Know About Search By Special Guest Author Danny Sullivan, Conference Chair, Search Marketing Expo West

By Tim J. Smith, PhD January 1, 2008

Marketers can no longer ignore search marketing. Too many potential customers are seeking businesses through search. And if you’re not there, your…

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Price Bundling to Profit

By Tim J. Smith, PhD January 1, 2008

Price Bundling to Profit What is distinct about price bundling vs. other types bundles?  Is price bundling just another form of discounts…

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Top 6 – January 2008

By Tim J. Smith, PhD January 1, 2008

A Black Eyed Pea for Each Day of the Year … Protect the brand at almost all costs, but preferably not with…

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The Container Function of Sales

By Tim J. Smith, PhD December 1, 2007

A wise salesperson once mentioned to me that sales is a container function.  It contains the relationship between the customer, partners, and…

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Top 6 – December 2007

By Tim J. Smith, PhD December 1, 2007

Wintry Hearth Rejuvenates the Importance of Being True The CEO/MD must be the Brand Cheerleader. The Brand creates a common purpose that…

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Telecomeuppance: Telecoms Impending Brand Turmoil

By Tim J. Smith, PhD November 1, 2007

Try this thought experiment. You are the CMO for a top telco. Your company’s portfolio includes the expected assortment of wireless and…

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About The Author

timjsmith
Tim J. Smith, PhD, is the founder and CEO of Wiglaf Pricing, an Adjunct Professor of Marketing and Economics at DePaul University, and the author of Pricing Done Right (Wiley 2016) and Pricing Strategy (Cengage 2012). At Wiglaf Pricing, Tim leads client engagements. Smith’s popular business book, Pricing Done Right: The Pricing Framework Proven Successful by the World’s Most Profitable Companies, was noted by Dennis Stone, CEO of Overhead Door Corp, as "Essential reading… While many books cover the concepts of pricing, Pricing Done Right goes the additional step of applying the concepts in the real world." Tim’s textbook, Pricing Strategy: Setting Price Levels, Managing Price Discounts, & Establishing Price Structures, has been described by independent reviewers as “the most comprehensive pricing strategy book” on the market. As well as serving as the Academic Advisor to the Professional Pricing Society’s Certified Pricing Professional program, Tim is a member of the American Marketing Association and American Physical Society. He holds a BS in Physics and Chemistry from Southern Methodist University, a BA in Mathematics from Southern Methodist University, a PhD in Physical Chemistry from the University of Chicago, and an MBA with high honors in Strategy and Marketing from the University of Chicago GSB.