Aurik Blog

Aurik launches fund to back SA businesses

Aug 5, 2019 10:52:48 AM / by Pavlo Phitidis posted in Business Growth, Scale, Asset of Value, Business Owner, Pricing, SME, Competition

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Pavlo Phitidis announced the launch of Aurik Capital, a S12J Fund to back the growth of established businesses with annual revenues between R15m to R150m.

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Building a pricing strategy to grow your business

Aug 5, 2019 7:28:08 AM / by Pavlo Phitidis posted in Business Growth, Scale, Asset of Value, Business Owner, Pricing, SME, Competition

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Pricing sensitivity has driven innovation for years. Because the economy is a massive, complex ecosystem, everything in it is linked and poor growth drives pricing pressures on us all. Yet, the fundamentals of pricing are static. How then do you deal with pricing in this economy when you face the challenges stated in the message below?

This is a Twitter message from a listener “The pricing game is emotional…Suppliers raise prices and you are forced to decide:
1. Do you segment and risk alienating the very people you want to be serving or,
2. Run at a loss until economies of scale kick-in and you can negotiate better bulk cost price. HELP”

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