How much do you yearn for complete control and precise execution of a successful pricing strategy?

Your pricing managers may not be addressing your product prices with an adequate software. Having peace of mind when it comes to your sales margin and overall revenue is priceless – a price management solution is built to help you achieve pricing control for every single SKU, all while reducing unfortunate margin loss.

Our questionnaire allows you to respond on a scale from 1 to 10, facilitating your ability to visualize how critical it is for your business to improve its pricing capabilities.

Sales margin forecaster

By scoring the topics below to the best of your ability, you will get a professional pricing-perspective analysis that tells you how urgently your business needs a price management software and where you currently have weak spots, which will also be illustrated graphically for you in a spider chart. You will also receive a forecast about your potential sales margin leakage.

Centralize or establish price management competence.

Control sales margin (% or absolute) alongside turnover / volume / price_index.

Get rid of manual errors when setting prices.

Follow price-rounding rules/set psychological prices.

Control market price position and competition price index across assortment categories.

Equip your pricing with Machine-Learning, AI, and advanced data analytics.

Set prices with regard to SKU price elasticities, cross elasticities, and/or cannibalizations, and/or halo effects.

Operate multiple price lists for multiple regions, countries, channels, and customer segments.

Maintain brand hierarchy, for example, our private labels as the most affordable options in their categories.

Upfront knowledge on KPI impact of pricing strategies to be applied, in order to avoid putting my KPIs and price perception on the market under risk.

Automate the pricing process.

Combine multiple types of rules together (margin, competition, supplier restriction, etc.).

Work with seasonal trends and seasonality factors strength.

Compare multiple pricing strategies and their impacts for decision making on the executive board level.

React faster to market changes.

Define and administrate roles and responsibilities within the pricing workflow.

Gain visibility of the data in sales history charts (divided by regular and promotional sales), customer behavior insights, visual graphs, reports.

Workload: Make pricing managers avoid time-consuming work in spreadsheets.

Level-up the capabilities of pricing managers alongside using the price management software.

Receive instant price reports at the granularity and aggregation level of my choice.

Get visibility of the price calculation (avoiding black box calculation status quo).

Manage prices on the level of stores clusters (formats, regions, countries, etc.).

Manage prices by SKU classes (brands, baskets, TOP/KVIs, long-tail, etc.).

Positive impact of receiving application/email alerts pointing out negative margins, data issues, inconsistent prices etc.

Price approval process and automated export of prices for the implementation in the stores.

Prioritizing different competitors differently across assortment, regions, countries.

Steering different price strategy goals–maximization of profit, maximization of % margin, maximization of turnover–differently for different categories / regions / countries.

Omnichanel or multichanel pricing for ecommerce and brick-and-mortar.

Optimally organize pricing as I plan to expand our operation: New stores, channels, regions, countries, acquisitions, etc.

Increase the level of technical support I get when something goes wrong (margin leaks, missing data, operational delays).

Centrally control pricing on multiple retail banners, (alternatively, one banner in multiple countries).

Make pricing processes unified across departments to eliminate the risk of losing top management control.

Changing physical price tags in stores; Reprice only limited amount of SKUs for each repricing cycle, those which have the biggest impact on price strategy.

Implement a pricing software to eliminate the risk of a single person accident (concrete person is the only one who can operate the complex Excel file/process).

Manage prices of product families automatically to save time, or get automated suggestions to keep product families up to date.

Get visibility into our promotional effectiveness via the Promo Dashboard, and visualize past promo performance.

Simulate optimal promotional discounts.

Unified, transparent, controllable management of the prices of items being sold in buy-more-pay-less mode.

Optimal tiers sizing and tiers prices to avoid negative margins, and maximize margins / turnover / quantity.

Manage prices of expired goods through an automated sellout pricing algorithm to save margin and sell at impactful volumes.

How much do you yearn for complete control and precise execution of a successful pricing strategy?

Sales margin forecaster

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