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Optimized Algorithmic Pricing in SAP App Center

March 19th, 2019 (Updated 03/24/2021)

Pricefx’s Optimized Algorithmic Pricing, OAP, is now available on SAP’s APP Center and is perfect for B2B and B2C organizations of any size, in any industry and in any part of the world. SAP customers can use OAP to gain insight into how pricing impacts profitability in any customer segment, product, sales channels and geographical region.

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TicketCorner A Visual Case Study in Dynamic Pricing

July 11th, 2019 (Updated 03/24/2021)

Gabriel Smith
Chief Evangelist at Pricefx

Amazon and other e-commerce and retail companies usually have the market cornered on dynamic pricing. But as weather changes started to affect the skiing industry, TicketCorner found an opportunity to use dynamic pricing to help resorts and ski operators win big with predictable revenue streams. About Pricefx: Through the expertise of our software engineers, the dedicated work of our customer success team and the visionary drive of our co-founders, we are committed to providing our customers and partners with the leading SaaS-based price management, price optimization and Configure-Price-Quote (CPQ) solution worldwide.

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Subscription Pricing: Uncovering the God Metric with Patrick Campbell | Pricing Matters

September 23rd, 2020 (Updated 03/24/2021)

Gabriel Smith
Chief Evangelist at Pricefx

Subscription Pricing: Uncovering the God Metric with Patrick Campbell   Just as with any pricing model, metrics are only as good as the use case. In this episode, subscription pricing guru, Patrick Campbell from ProfitWell, joins me as we take a look at the key considerations with subscription pricing for achieving three key areas of growth: acquiring customers, monetizing them, and retaining them. You can also listen on Apple Podcasts, Spotify, Stitcher, or wherever else podcasts are streamed. You can also watch the discussion YouTube. If you want to take the discussion offline, then tweet at me (@SwEvangelist) with the hashtag #pricingmatterscast.  Introduction  Gabe Smith 0:00    Hello, everyone, and welcome to...

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Ready for Anything: Improving Business Agility Through Pricing in the Manufacturing Industry

July 16th, 2020 (Updated 03/24/2021)

Duncan Hendy

How to Improve Business Agility in the Manufacturing Industry The discrete manufacturing industry belongs to an increasingly volatile and uncertain environment, where rapid and frequent change is becoming the norm. So, it’s time for companies to seriously investigate how to improve business agility. Business agility is the ability of a company to rapidly respond to changes in the market. It’s a company’s ability to pivot and adapt, and determines whether it weathers the storm – be it changes in the market, demand, competition, supply chain, regulations, technological breakthroughs or global pandemics. But how do you improve business agility when your...

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How to Still Close Deals Even When Working Remotely

March 25th, 2020 (Updated 03/24/2021)

Lukas Sirucek
Product Manager at Pricefx

Working from Home Might Be Nothing New but Companies That Embrace It Profit  In the light of the current global health crisis, big tech companies like Facebook, Google, Twitter, and Amazon have asked their employees to work from home (as have Ford, General Motors, and Unilever).  According to the Financial Times, some companies are testing their ability to go fully remote – KPMG have had all 8,000 London staff working from home since Friday last week.   Classes and lectures are being delivered via the Internet, online shopping and food delivery are booming, even religious services are happening via a live feed.  And as companies of all sizes try to prevent spreading the virus among employees and those they come into face-to-face contact with, their “working...

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How to Help Your Distribution Organization Understand Rebates

March 23rd, 2021

Radha Patel
Solution Strategy Ninja at Pricefx

How to Help Your Distribution Organization Understand Rebates  It’s no secret that customers love a discount. It’s in the sales 101 handbook that discounts encourage new customers, get rid of old stock and increase sales across the board.  But while discounting a product is standard practice, something that isn’t being utilized enough is rebates.  Mail-in rebates were once a popular incentive for customers to purchase a product and then receive a partial payment back in the form of a rebate check. This method didn’t live long, as businesses and customers alike experienced the rebate process to be inconsistent, time consuming...

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Pricing Strategies Need Pricing Vision

May 13th, 2019 (Updated 03/23/2021)

Duncan Hendy

Key Takeaways: • If you fail to bring centralization to your operations, you are going to find yourself facing major disconnect across the various territories you serve, the multifarious ERP systems you depend on, and your SKUs. • This tendency to let regions handle their ways of pricing and selling means instead of pricing being a driver of profits, it is so inconsistent that those international teams fail to grasp the impact on your organization that their uninformed pricing variations cause. It is true to state that companies with any kind of retailing either have or crave a pricing strategy....

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Smart Pricing Means Innovation. Time to Flex Those Data Crunching Muscles!

May 13th, 2019 (Updated 03/23/2021)

Duncan Hendy

Key Takeaways: • Setting prices and pressing the big green sell button is not enough, speed of reaction and awareness of the pocket-price waterfall means relying on a heck of a lot of data spread across many parts of your pricing infrastructure, whose quality you need to verify and whose logical flow you need to ensure through all your systems. • Taking a more data and process-centric approach to deals and offers is one of the key levers that helps companies be successful. “Crunch that data, grow globally and sell more with greater margins!” Sound like something currently achievable or...

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How Adjustable Pricing Boosted the Skiing Industry–It’s Snow Joke!

May 13th, 2019 (Updated 03/23/2021)

Duncan Hendy

Key Takeaways: • Some pricing factors can be foreseen. Having a good grip of historical data can unveil cyclical factors that can often form a predictable path. But what can you do when you have one of those phenomena that even leaves the experts baffled? • Dynamic pricing was the answer to put to an end to the one-size-fits-all approach where companiesthey lose money here and there, and let customers slip through their fingers. Some pricing factors can be foreseen. Having a good grip of historical data can unveil cyclical factors that can often form a predictable path. But what...

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Pricefx’s Optimized Algorithmic Pricing, Now on SAP’s App Center

April 24th, 2019 (Updated 03/24/2021)

Pricefx’s Optimized Algorithmic Pricing What is Optimized Algorithmic. Optimized Algorithmic Pricing (OAP) by Pricefx is a solution built for SAP customers. It provides unique insight into how pricing impacts business profitability across products, customer segments, sales channels and geographic regions. Beyond the price waterfall, PriceAnalyzer provides real-time insights at scale. Built on the standard Pricefx platform, Pricefx OAP offers you complete control over the price setting processes with an easy-to- use and transparent calculation engine that can be tweaked on the fly by the business users. http:/www.pricefx.com/site/wp-content/uploads/2019/05/Optimized-Algorithmic-Pricing-by-Price-fx-on-SAPs-App-Center.mp4   How Can OAP Help You? Today’s complex digitally enabled business world demands...

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