Implement optimal pricing strategies by fusing data with our deep understanding of modern pricing methodologies.
Maximize your profits by implementing data-driven pricing strategies. Depending on your needs, our experts can support you both in the design and implementation phases of such a project. Feel free to book a non-committal video call with our subject-matter expert to get an idea of the value, feasibility and scope. Typical projects are:
Instead of following a flat Cost+Margin pricing approach for all products, exploit product-specific demand patterns by setting prices based on price elasticities. Either as an additional input for price determination or as the basis for a profit maximization approach that simulates expected profits for different pricing scenarios.
Implement a pricing strategy that maximizes profits via price differentiation through individual vouchers and/or discounts e.g. based on order volumes.
Ensure that your prices are competitive by setting prices based on the (web-scraped) price distribution of your key competitors. This approach can further be used for the initial pricing of new products.
Depending on your business model, we support you in implementing a tailored pricing strategy based on a combination of the above mentioned pricing approaches.
For inspiration, feel free to browse through some of the highlighted case studies below.