You are the PREDICTIVE Expert
Predictive Analytics: Pricing with Intelligence
- Be efficient – Intelligently price your entire inventory in days not months.
- Be responsive – React to competition and gain market share.
- Be an expert – Gain more control of your enterprise with real time price optimization.
You can’t fight what you can’t see. You can’t predict what you don’t know. To understand your market, you need widest possible view of the ever-changing pricing landscape. But if you try to make things happen the old way – prepare to be disappointed. The problem: the “old way” takes a long time, and it’s not always the best way!
CAN YOU USE YOUR OWN DATA TO LIGHT UP BETTER STRATEGIES.
Are you still manually picking through industry pricing reports, analysis from sales managers, and your own spreadsheet predictions based on last-years’ performance? Pricexpert won’t do the job for you, but it does it faster. You’ll light up your own path, track your competitors, and watch pricing trends – and not take weeks or months to do it. In a matter of days, you can find out whether (or if) prices are going up or going down. In a matter of minutes, you’ll know if you should you stock up or reduce. You’ll also know how should you adjust for next week. It only takes a few minutes to start your analysis. It could take a just few minute more to find your answer.
ACCURATE, FASTER, SMARTER
You already have plenty of data. Pricexpert gives you added power of ACCURACY: analyze more of your data more effectively and efficiently. You’ll also know more about what is going on FASTER than ever before. And you’ll be SMARTER because forecasts have greater scope and are more detailed. This is how agile businesses jump ahead of the pack – and stay ahead: they are more efficient, they are more responsive, and they are experts in every way.
DEFINE YOUR GOALS
Set pricing goals – whether it is to increase market share, build profitability, or both. Define additional goals, either large scale over your entire product line up, or incrementally through individual promotions, specific product types, seasonal purchasing, and more.
ANALYZE THE DATA
Leverage the data from your ERP and other external sources. Integrate that data into a single subject data model. Then Dial in the analytics as tight as you want for every important metric: in your own product lineup or your competition.
IMPROVE YOUR PROJECTIONS
Predict your market with a ‘continuous improvement’ process for any Price Routine you deploy. Work just like the million-dollar F500 solution builders and measure effectiveness over time (trending data) and track results.