Tim J. Smith, PhD

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Founder and CEO, Chicago Office

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Dr. Smith 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, Smith is helping executives manage price better through consulting, workshops, books, and other media. He provides productized and actionable consulting services for firms of many sizes and across many industries.  He has been a keynote speaker and workshop leader on a variety of pricing topics to professional audiences across the globe.

Smith’s popular business book, Pricing Done Right: Pricing Framework Proven Successful by the World s Most Profitable Companies, was identified by chief executives 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.”

Smith’s textbook, Pricing Strategy:  Setting Price Levels, Managing Price Discounts, & Establishing Price Structures, has been described by independent academic reviewers as “the most comprehensive pricing strategy book” on the market.

Smith began his career as a research scientist in quantum mechanics before his interest in transferring technological advances to societal implementations led to pursuits in business strategy. His focus on pricing is a natural culmination of his deep love of mathematics and his orientation toward capturing profitable customers.

As well as serving as the Academic Advisor to the Professional Pricing Society’s Certified Pricing Professional program, Dr. Smith is a member of the American Marketing Association, Business 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 Booth School of Business.

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