Local and Global Pricing Insights

Revenue Control: Implement Control but Maintain Flexibility for the Sales Team.

Posted by Stratinis on 29-Jan-2018 13:26:33

Revenue Growth and Revenue Control go hand-in hand. In organizations with many customers, products, price points, discount types or rebates, it is key to keep the net revenue under control. Net revenue being defined as Quantity * (Gross Price minus all discounts minus all off-invoice rebates minus all other monies flowing to the customer). If the company manages gross prices / list prices, but let's sales teams discount arbitrarily, then net revenue tends to tumble as discounts grow. 

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Topics: Price Optimization, revenue control, floor prices, revenue management software, sales, deal management

Building a Pricing Simulator for Sales People

Posted by Stratinis on 06-Jul-2017 19:13:27

Pricing Simulation for sales people can be highly useful in many situations. It can help assess price increases, or simulate different profitability outcomes when applying different assumptions. It can also be useful when e.g. merging companies to see what different scenarios play out well for the merged company versus the customer. 

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Topics: Pricing, Stratinis, revenue control, deal management