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Pricing

Pricing

What is meant by Pricing?

"Pricing" refers to the process of setting prices for products or services, based on various factors such as costs, demand, competition, market trends, and business goals. Pricing is an essential component of marketing and sales management and plays a crucial role in maximizing a company's revenue and profitability.

Typical functions of software in the area of "pricing" could include:

  1. Price calculation: Calculating production costs, material costs, labor costs, and other cost components to determine the optimal selling price.

  2. Competitive analysis: Analyzing competitors' pricing strategies and trends to set competitive prices.

  3. Demand analysis: Assessing market demand and determining the optimal price level based on the price elasticity of demand.

  4. Segmented pricing: Adjusting prices for different customer segments or market segments based on their preferences, purchasing behavior, and willingness to pay.

  5. Dynamic pricing: Adjusting prices in real-time based on variable factors such as supply and demand, inventory levels, and seasonal trends.

  6. Discount and promotion management: Managing discounts, special offers, and promotions to support sales promotion and attract customers.

  7. Price optimization: Using algorithms and analytics to optimize pricing and maximize revenue and profitability.

 

The function / module Pricing belongs to:

Pricing

Software solutions with function or module Pricing:

audius:CRM – the cross-functional standard software
Best practice for more efficiency in business life
SIHOT.
 
 
 
 
 
 
SIHOT. Hotel Management Software
applabs Rental & Service
ERP industry software for trade, rental and service
Merchandise Management in Retail
audius:Seminar for training and seminar management
Industry solution for training and further education institutes
MODUS FOODVISION
 
 
 
 
 
 
ERP solution for the food and beverage industry and the associated trade
BCrent
BCrent
 
 
 
 
 
 
ERP solution for the rental of work platforms, construction machinery and containers
NeoCPQ
NeoCPQ
 
 
 
 
 
 
The Solution for Product Configuration, Price Calculation and Quote Generation (CPQ)
OPENService
OPENService
 
 
 
 
 
 
BSS for ISPs, telecommunications and cable network operators
CAS genesisWorld
CAS genesisWorld
 
 
 
 
 
 
The flexible, complete CRM system for all areas of your company
Show all 24 programs with Pricing