The digitalization and change of buying behavior that have accelerated with recent pandemic and amplified by current war in eastern Europe bring to life new challenges. The topic of sustainability adds to the complexity. These geo-political and external market challenges could also be observed as opportunities if addressed in a fast and appropriate manner. How do you manage all the moving parts in a way that allow your business to sail smoothly through choppy waters?
Having transparent, dynamic and defensible pricing can help combat all these challenges and empower your sales teams to be more proactive when dealing with your customers as markets change. Using new pricing models that reflect customer requirements and new business models will let you stay ahead of the game. Instead of reacting, you can operate in a strategic mode with the insights of a dynamic pricing solution to drive greater impact and value for your customers.
Join SAP and Pricefx, SAP endorsed app* partner on 29 November at Bistro Royal to discuss current trends and learn how companies like yours are using dynamic pricing to better manage profitability with pricing.
Optimized Dynamic Pricing, a SAP endorsed app by Pricefx enables SAP customers to fully realize the power of price optimization. It integrates with pricing conditions stored in SAP® solutions, providing you with greater flexibility and pricing power. Integrated artificial intelligence (AI) and machine learning technologies enable you to test the impact of future pricing changes based on your data before you implement them. By making insight-driven price modeling decisions, you can improve your company’s competitive edge without sacrificing profit margins.
Other resources: This blog provides a quick snapshot of the Optimized Dynamic Pricing solution by Pricefx, an SAP endorsed app and why SAP customers who want to maximize their pricing power should check the solution on the SAP Store here.