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.
Controlling revenue in B2B, as well as B2C, means being on top of what prices and discounts are offered to each customer.
Are you looking for someone to speak about pricing and profit optimization at an upcoming event? Get a Stratinis Executive to come and speak:
Don't forget: on June 7th we are organising a webinar about how dynamic pricing and machine learning can improve prices in e.g. E-Commerce, retail, and other industries with frequent price changes.
Finn Hansen, Stratinis CEO will host a webinar about how to optimize prices globally on March 8th. Webinar attendees will learn how to take local market specifics into consideration when creating a global price optimization approach.
The Australian Government has ordered Apple Inc, Microsoft Inc and Adobe Systems Inc to appear before its parliament to answer questions about their pricing in Australia.
- Different commercial realities: you cannot just harmonise everything
- Lack of internal transparency
- International sourcing trends: buyers comparing prices across markets for the same or similar product
- Coordination between markets without disrespecting local commercial practices
- Harmonization where not needed
- Different accounting & controlling standards
- Different people cultures
- Lack of common internal language about pricing
- Different levels of market maturity suggests different pricing strategies
- Grey market trading
At Stratinis we specialise in international price management. If your company is looking for international price management solutions, please visit Stratinis website.