Be Sure that Your Pricing Strategy is the Right One.
Within any competitive landscape, partnering with Pricefx will provide you up-to-the-minute data and insights to ensure your B2C or B2B pricing strategy flourishes.get in touch CHAT NOW
Signs that Your Company Should Evaluate its Pricing Strategy.
Though you’re not limited to these, there are four distinct areas that can help indicate that your strategy could use a reset. You can perform a quick strategy test now. Scroll through the following challenges; if you’re currently experiencing one or more, it may be time for a chat.
Lack of symmetry
Reliance on Excel
Inability to measure KPIs
Recognizing Strategic Areas for Growth.
We’ve noted the challenges you may be having, but it’s also key to look at the positive side of the coin. Engaging with Pricefx can help bring to light exciting new opportunities for your company and identify them within your strategy. These can include:
- Aligning your online and offline pricing;
- Ensuring your prices are in line with the competition;
- Increasing pricing symmetry across multiple groups/divisions; and
- Segmenting your customers based on their attributes (e.g., size, purchase history, sales potential, etc.).
Discover what a major retail company was able to achieve once it joined forces with Pricefx.
What a Profitable Pricing Strategy could bring.
What’s the next step? First, try out our Margin Lift calculator to discover the impact pricing software, combined with the right strategy, can have on your company. What kind of ROI could you be seeing? Well, it’s time to find out.Estimate your ROI
“We have decided to switch from a first-generation price optimization provider to Pricefx because of its flexibility, responsiveness and implementation speed.”
Global Pricing Excellence Leader, Owens-Illinois