Determine the optimal price point prospective customers are willing to pay by gender, age, income, region, time of year.
Determine the precise additive boost in unit volume a specific product benefit or descriptor can provide.
Determine the boost in unit volume a specific promotional event can provide.
Define what channels your customers spend time in and what message resonates with them.
Determine the exact location of abrupt unit volume drops called price walls due to price changes.
Our predictive pricing tool will increase your ROI from the get-go. Since we gather real time data from your customer and potential customer pool, you get actionable insights. When you then adjust your prices to the most optimal point, you typically see an immediate ROI.
We have created a unique position in the market with our own state of the art pricing algorithm. This algorithm helps sorting and qualifying the gathered data, and then presenting them in our unique graphs.
Understand your whole potential customer market and their willingness to pay. The software allows you to segment each customer group, and what social media channel they spend their time on. You will also get granular insights on what drives the willingness to pay on your service or product, for each customer group.
Who doesn’t think about prices? Well, it’s actually something many businesses are lost when it comes to their own pricing. Envision that you, by changing the price your quantity of sales remain; but your revenue increase – or preferably both sales and revenue increase. By using our cutting edge pricing software, you can identify the product features and market segments that generate the highest willingness-to-pay.
Our software ensures high-quality, unique and accurate research. With a turnaround time of 24h.
The priceagent software is built using the latest most cutting edge technology. The platform is hosted and deployed using cloud native technology, which ensures both speed and security for the users.
Besides our trademarked algorithm, the software is also built with logic that allows for each finding to be 100% unique to your project.
Our team is dedicated to your success. We are here to ensure you get the support you need and to see that your business grows in the right way. Our team will get back to you with 24h on weekdays.
They are also readily available for more ongoing support and analytical help. To guarantee you get the full value of the data.
Demand is generally thought to slope downward: as prices rise, consumers buy less. The intersection of the two curves represents the market-clearing price—the price at which demand and supply are equal.
But this isn’t the full story, demand is also effected when consumers perceive the price as too low. This a psychological phenomena, if the customer perceives the price as far too low they consider the product or service of a lower quality.
Prices can fluctuate for a variety of reasons (technology, consumer preference, weather conditions).
Statistical significance is a determination made by an analyst that the data’s results cannot be explained solely by chance. Which ensures that the results are reliable. Our trademarked algorithm utilises arguments with quality checks to ensure all the inputted data is relevant. In addition the algorithm has such accuracy as you can draw relevant conclusions from as little as 15 respondents.
Use the profit calculator to estimate how an increase in price would effect your profit. See what your companies ROI could be. The calculator uses real data examples from previous customers to give you an accurate indication of what your new profits would be.
Sign up to stay updated on our launch.