Build Profitable Pricing Strategies
Setting the right prices and effectively managing them through the
product lifecycle is a key strategic goal for every organization.
All too often however these goals are underachieved due to various
tactical reasons many of which are driven by outdated “Cost
Plus” pricing behaviors. Price Manager introduces the concept
of price strategies that allow the pricing professional to understand
the segment or market specific attributes that drive price behavior
at any level of the product hierarchy. The solution treats price
as a strategic lever and a key element toward the accomplishment
of your company’s revenue and margin goals by providing the
following capabilities:
- Manage list prices/price lists based on competitive information
- Flexibly create and publish market prices and price lists
across different geographies
- Analyze customer behavior and price effectiveness
- Develop price strategies and policies within the product,
geography and segmentation hierarchies
- Ability to drive prices based on pricing strategies such as
maintain price, set to competitive price and others
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Solutions
Price
Planner™
