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If companies are unable to execute the best pricing decisions, it can negatively affect vendor
relationships, profits and customer loyalty.
If you don’t have answers to one or more questions, it’s time you consider a product pricing management solution.
Pricing can never be driven by gut feel or tribal knowledge; hence companies need a good pricing management solution
to analyze, execute, and refine product pricing across diverse markets.
Optimize Product Pricing and Promotions Planning to Generate Maximum Sales and
Margin Dollars
Strategic Pricing Automation Complex bundling
Pricing is an important strategic issue that can affect other When multiple products are involved, bundle selection and
elements such as product features, channel decisions, and pricing can be complicated. Solunus’ Pricing Management
promotions. Solunus’ pricing management solution automates solution helps companies to reallocate product mix and
item-level, localized pricing to reinforce the corporate increase margins. It supports the pricing of complex
category strategies. It supports consumer-driven configured and bundled offerings so that companies can find
recommendations based on price and demand elasticity, price out what would happen to margins if the product mix is
image, competitive prices and more. switched.
Promotions/Discounts Analytics
Promotions and discounts increase the demand for the Pricing managers are responsible for product costing,
product from price-sensitive consumers. Businesses should be pricing, and planning in competitive markets and need
well-informed about these price discounts and the period of fingertip access to this data for thousands of products.
the offer. Solunus’ Pricing Management solution tracks the Solunus provides advanced analytic and visualization tools
performance of offers and current strategies deployed so that to enable parallel analysis of product and price data,
field sales and service team members have the latest customized dashboard and ad-hoc reports for detailed
available offers at their disposal to deliver value based pricing analysis, and the possibility to drill down to the cause of any
and enhanced customer service. pricing issue with competitive information.
Real-time
With Solunus’ Pricing Management solution, margin and
pricing decisions can be made with confidence, because its
simulations move beyond standard costs to incorporate a
comprehensive list of real-time costs, reflecting price
fluctuations in the actual market and operational
conditions. It schedules pricing updates for unlimited SKUs,
that are automatically triggered based on changes in cost
and competitive pricing moves.