how hipsters are driving up the price of beer (with pricing strategy lessons)

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Profit Maximization Price Intelligently TM What Pabst Blue Ribbon & Hipsters Can Teach You About Profit Maximization… PUNK .

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Hipsters are driving up the price of beer, maximizing the profit for companies like Pabst and Coors. In this deck we conducted a study on this phenomenon and included some pricing strategy implications for your business.

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Page 1: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

What Pabst Blue Ribbon & Hipsters

Can Teach You About Profit Maximization…

PUNK.

Page 2: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

A cold beer & summertime make a perfect pair.

Page 3: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

But if you enjoy the cheap stuff…

Page 4: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Page 5: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

By as much as 6.8 %

Page 6: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

What’s thecause

Page 7: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

HIPSTERS.

Page 8: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Data reveals they’re willing to pay as much as five bucks for a PBR

Page 9: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

While regular folks won’t shell out

much more than two.

Page 10: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Why do hipsters love PBR so much?

Page 11: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

The answer is in

the image

Page 12: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

It’s now

“cool” to

drink botto

m shelf brew

s

Page 13: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

So what does this mean for

?

Page 14: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Hipsters increased demand

Page 15: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Raised the value

of the beer

Page 16: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

And became a profitable market segment.

Page 17: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

SO PABST & THE BARS

RAISED PRICES.

Page 18: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

But they could price themselves out of the hipster market

Page 19: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

The low price is part of the appeal

Page 20: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

And it bolsters the

image

Page 21: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

But as long as the kids will pay for it…

Page 22: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Pabst and the bars

WILL BOOST THEIR PROFIT MARGINS

Page 23: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Download our free e-book to stop guessing, and start pricing intelligently.

Page 24: How Hipsters are Driving Up The Price of Beer (with pricing strategy lessons)

Profit Maximization Price IntelligentlyTM

Download our free e-book to stop guessing, and start pricing intelligently.