Pricing Case Interviews: the Park ‘n Shop Case
Рет қаралды 10,282
Жыл бұрын✅ 𝗙𝗥𝗘𝗘 𝟯𝟬-𝗠𝗜𝗡𝗨𝗧𝗘 𝗖𝗔𝗟𝗟 𝘄𝗶𝘁𝗵 𝗮 𝗳𝗼𝗿𝗺𝗲𝗿 𝗠𝗰𝗞𝗶𝗻𝘀𝗲𝘆, 𝗕𝗮𝗶𝗻, 𝗼𝗿 𝗕𝗖𝗚 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗲𝗿 𝘁𝗼 𝘀𝗲𝗲 𝗶𝗳 𝘆𝗼𝘂 𝗾𝘂𝗮𝗹𝗶𝗳𝘆 𝗳𝗼𝗿 𝗮 𝟭:𝟭 𝗰𝗼𝗮𝗰𝗵𝗶𝗻𝗴 ➡ bit.ly/3iXkD2h
If you had to set the price for the jeans you’re wearing, the phone in your pocket, or the hamburger you had for lunch, how would you do it?
Businesses have to set prices every day, and it’s tough! So they frequently ask consultants for help. And since consultants frequently do pricing case studies, they frequently ask pricing case questions in interviews, and you might get one!
But don’t worry, we can help you ace your pricing case!
𝗦𝗶𝗴𝗻 𝘂𝗽 𝗵𝗲𝗿𝗲 𝗳𝗼𝗿 𝗼𝗻𝗲-𝗼𝗻-𝗼𝗻𝗲 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴 𝗶𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄 𝗰𝗼𝗮𝗰𝗵𝗶𝗻𝗴 ➡ bit.ly/3iXkD2h
𝗢𝘁𝗵𝗲𝗿 𝗩𝗶𝗱𝗲𝗼𝘀 𝗮𝗻𝗱 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀:
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@myconsultingoffer 4 ай бұрын
The math should be: It would increase the daily revenue from tourists & shoppers by $8,000. My formula is (10,000 parking spots) * ($5 per spot) - $42,000 (the original revenue from tourists and shoppers). Store owner revenues would decrease by $2,000 = (750 permits) * ($240 per permit/30 days per month) - $8,000 (the original revenue from store owners) The total change in total daily revenue = + $6,000 A good candidate will recognize that the increase of 12% in daily revenues is a positive move forward.
@jessikarey4239 Жыл бұрын
is it just me? i couldnt listen to him at a normal speed, had to put the video on 0.75
@myconsultingoffer Жыл бұрын
Hey Jessika, Thanks for watching! We appreciate your feedback and we will surely take note of it.
@nianyilin6383 Жыл бұрын
it is helpful！
@myconsultingoffer Жыл бұрын
Glad you enjoyed it! If you need help with your preparation, feel free to schedule a free 30-minute session with us here: bit.ly/3W4hhbx.
@nianyilin6383 Жыл бұрын
Want to learn more types of cases such as profitability and market entry case
@myconsultingoffer Жыл бұрын
Thank you for your comment! We're glad you found our video informative. Be sure to check out our Master Consulting Case Interview playlist: kzfaq.info/sun/PLSZXI1eOuSUv4dWkGkv5j3-tj6pYD5cwQ. There you'll find a collection of case videos that provide more in-depth information on how to solve different types of cases. Thanks for watching!
@DerUmhauer Жыл бұрын
It should be a 6000 USD increase. Which would than be a 12% increase, like one person mentioned already in another comment.
@myconsultingoffer Жыл бұрын
You are correct. The math should say it would increase the daily revenue from tourists & shoppers by $8,000. My formula is (10,000 parking spots) * ($5 per spot) - $42,000 (the original revenue from tourists and shoppers). Store owner revenues would decrease by $2,000 = (750 permits) * ($240 per permit/30 days per month) - $8,000 (the original revenue from store owners) The total change in total daily revenue = + $6,000 A good candidate will recognize that the increase of 12% in daily revenues is a positive move forward. Thanks for pointing this out!
@nickchaudhari6356 Жыл бұрын
Wouldn’t that be a 12% increase?
@myconsultingoffer Жыл бұрын
You are correct. The math should say it would increase the daily revenue from tourists & shoppers by $8,000. My formula is (10,000 parking spots) * ($5 per spot) - $42,000 (the original revenue from tourists and shoppers). Store owner revenues would decrease by $2,000 = (750 permits) * ($240 per permit/30 days per month) - $8,000 (the original revenue from store owners) The total change in total daily revenue = + $6,000 A good candidate will recognize that the increase of 12% in daily revenues is a positive move forward. Thanks for pointing this out!
@reemfahim1798 Жыл бұрын
there is an error in the math calculation ,, it should be a daily increase of 12% not 4%.
@myconsultingoffer Жыл бұрын
That's correct! The math should be: It would increase the daily revenue from tourists & shoppers by $8,000. My formula is (10,000 parking spots) * ($5 per spot) - $42,000 (the original revenue from tourists and shoppers). Store owner revenues would decrease by $2,000 = (750 permits) * ($240 per permit/30 days per month) - $8,000 (the original revenue from store owners) The total change in total daily revenue = + $6,000 A good candidate will recognize that the increase of 12% in daily revenues is a positive move forward.
@alexandertronin8496 Жыл бұрын
13:18 - How is that strategy called? Comment baiting?
@myconsultingoffer Жыл бұрын
Thank you for watching! If you need further help with your preparation, we invite you to book a free strategy call with us here: bit.ly/3zeLAmO. Our team of experts is always here to support you in achieving your career goals.
@ricardoberlin2958 Жыл бұрын
Dude get ur audio fixed😢
@myconsultingoffer Жыл бұрын
Thank you for your suggestion!
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