PricefxPlasma™

If you're already a Pricefx customer, then you can get access straight away!

Reach out to your customer success manager to find out what are the next steps. 

The data is updated every 3 months to ensure it's accurate. 

Industry benchmarks are always compiled from aggregated metrics with a minimum of 5 anonymized  entities.

Thus, no competitor can extrapolate on your own performance and due to double-blinding process there is no way how a competitor could see your data.

In addition, the benchmarks are made available with a 3 months delay, fast enough to allow for relevant analysis but sufficiently disconnected from current market status

The customer's data is anonymized by Pricefx via double-blinding, an automated process that removes customer identifiers to ensure that it is impossible to trace individual customer data even if someone has access to the complete benchmarking database.

Through the double-blinding process, no one outside Pricefx has visibility to unique customer identifiers

Due to the applied aggregation of data, it is not possible to conduct competitive comparison of individual items not product groups or categories.

Bain helped Pricefx design and implement Plasma, based on their deep experience in pricing effectiveness and in benchmarking

Bain personnel located within the Bain Benchmarking and Pricing Centers of Expertise administer the benchmarking database, using Bain’s state-of-the-art benchmarking technology platform and methodology

Only double-blinded metrics that have been aggregated at the entity level are shared with Bain. Bain does not receive any data on individual transactions, quotes, customers, or products.

Bain does not receive any company-identifying information.

Pricefx will distribute the benchmarks into a data mart on your partition. You can view these benchmarks through a set of standard Pricefx dashboards that we will deploy. You can also include this data in your own dashboards, allowing for direct comparison between your company and the benchmark.

Plasma is included in the subscription fee for Pricefx customers if your subscription includes the Pricefx Price and/or Pricefx Profit  package.