Optimising Thermostat Pricing for Revenue Growth and Margins
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Explore a strategic pricing approach to achieve 15% revenue growth, integrating a tiered thermostat lineup and monetising AI-driven software upgrades. Implementation includes competitive pricing for entry thermostats, targeting pros for premium offerings, and projecting $12M gains from subscriptions. The strategy tackles market challenges, optimising revenues, safeguarding margins, and emphasising the substantial impact of subscription models.