QueBIT PriceAlign enables robust management of your pricing strategies, while eliminating the implementation time, complexity, and costs typically found in other pricing solutions.
QueBIT PriceAlign delivers significant improvements in revenue and margin by providing a clear, guided user experience via insightful dashboards and comprehensive pricing science. The ease of setting and managing pricing boundaries in context of all variables sets this solution apart. QueBIT PriceAlign was designed to alleviate the pain for any organization using simple rules or trial-and-error methods to derive prices, especially if corporate objectives include adjusting and maintaining prices at the most granular level.
Maximize Margins, Retain Customers and Grow Market Share Through Optimal Pricing Strategies
Analytics for Pricing Strategies
- Analytics & Reporting
- Sophisticated AI and Machine Learning Models
- Managing Price
What Pricing Strategies do you employ?
- Cost Plus – Markup on costs
- Competition – Aligning price adjustments competition
- Value-based pricing: Premium, Penetration, Economy, Price Skimming (declining pricing as products age)
- Dynamic Pricing – surge pricing (like Uber), demand pricing (like electric utilities), time-based pricing (like airlines)
- Price Elasticity – Used to determine how a change in price effects demand
PriceAlign gives you enterprise-wide control of the entire pricing process.
Raise your pricing strategies to new levels of sophistication, achieve dynamic pricing based on a variety of factors, and understand price elasticity across different products or regions.
QueBIT PriceAlign provides numerous advantages over manual pricing strategies. Through eliminating spreadsheets, PriceAlign improves your ability to rapidly adjust pricing, right down to the most detailed levels and market conditions.
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Map Description – Visualize customer segments that are driven by the variables that shape demand, such as demographics, allowing for more targeted and dynamic pricing adjustments.
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Time series – Analyze historical price changes against product lifecycle and demand, providing additional insight into how and why predictive models make certain recommendations.
Watch our recent Webinar showcasing QueBIT PriceAlign!
Why Choose QueBIT for Analytics Solutions?
QueBIT brings a unique approach to building a predictive demand plan that leverages advanced analytics to optimize accuracy. QueBIT has delivered analytics solutions for more than 450 organizations, including some of the largest and most successful companies in the world.