It’s all about PROFIT
Optimize pricing and drive profit
- Discover pockets of profit left behind by manual processes.
- Forecast based on intelligent enterprise data.
- Perform “what-if” scenarios to maximize future profit.
- Track and analyze results.
- Optimize pricing for additional revenue.
It’s getting more and more difficult finding places where you can squeeze out a little more profit. Razor-thin margins means that you must get the most from pricing analysis. When companies have the best tools in place, it becomes easier to find areas to improve profitability.
PRICEXPERT SIMPLIFIES THE PROCESS
Need to run multiple “what if” scenarios for a kit or product bundle? Want to compare competition pricing with various models of your own? It’s very simple to manipulate and massage the data.
The Pricing Expert Methodology
CLUSTER YOUR DATA
Convert data seamlessly from your ERP then cluster SKUs based on attributes and buyer behaviors.
Apply rules to the aggregated data. Add business strategies and guidelines to focus pricing on performance metrics.
Validate the results and compare against what has been learned about the competition. Make changes as needed.
Confidently and efficiently publish new optimized price lists in all publications and outbound marketing.
ANALYZE & TRACK
Measure the performance, review the results, and adjust prices accordingly for another round of optimization.