Reshaping your pricing strategy
Revamp your pricing strategy – understand, evaluate, experiment, offer, and adjust for success.
Stay ahead of the competition with a dynamic pricing strategy, understanding your custom KPIs. Effectively balance customer demands with your business objectives. Get your prices adjusted in real-time to optimize the profit margins as simulated by the simulator tool.
2 M $ +
Increased Revenue
8900 +
Suggestion Reports
85 K $ +
Pricing Strategies
35 %
Profit Margin
How it works?
Our unique rule-based pricing algorithm takes into account valuable customer information, to generate the most profitable offers for your existing customers. With the ability to test the simulation on your entire customer base or a specific subset, you can be sure that your pricing strategy is fully optimized.
01
Ingest Data
Integrate data from various sources or locations and provide the necessary information to the simulation tool.
02
Setup Scenario
Create new rule-based scenarios with custom logic and regulations to generate the best offers.
03
Define variables
Define the variables contributing to the scenario and estimate the mathematical correlation.
04
Simulate Offers
Run simulation with the new offers for the whole set of data or for a data subset and estimate the outcome.
05
Set Offers in action
Get the detailed individual reports on each simulation executed and get the offers in action.
Competitive pricing intelligence
Benefit from the agile methodology on pricing intelligence. Price your product in response to the changing market, regulations & competitor price. Stay ahead in the your filed with our intelligent pricing tool.
Shorter time to market
Get quick simulations of pricing for new product launches using its simulations tool.
Projected Deeper Insights
Learn about pricing demands, & the relationships between price, sales and time.
Increased market coverage
Get wider coverage on your product with the competitive pricing scheme offer.
Improved market intelligence
Benchmark against competitors and evaluate costs based on the proposed offerings.
Commonly asked questions
What is Infoveave simulation tool?
Infoveave simulation tool is a rule-based engine that optimizes prices, gives out competitive pricing based on multiple parameters and pre-defined rules. The tool will also help you see the impact of pricing on your profit.
How do we define the scenario?
The scenarios are defined based your business needs . The tool generates a mathematical correlation among the depended variables to simulate the scenario.
Is the simulation tool API driven?
Yes, the Infoveave simulation tool is API driven and can be integrated to any platform.
