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In Case you Missed It… PriceEdge Updates for Winter 2023

March 22, 2023 in Blog, Product Updates

This quarter we have worked on a lot of new features as well as wrapped up all the work related to migrating our frontend to be 100% built with React. As of now, we run fully on a completely new architecture, so we felt it is also appropriate that this version is referred to as PriceEdge 2.0. Below we have outlined the biggest new features added in this important release. Continue reading »

The 10 key benefits of a customizable PO&M

April 9, 2022 in Blog

Price Optimization & Management (PO&M) customization can help you boost your margins and win more business. Adapting your PO&M solution to match your pricing process can save you time, improve your bottom line and systemize what you do best.

When it comes to PO&Ms, the benefits you get out depend on the effort you put in. Fail to define your process and you’ll end up with low-quality data and poorer performance.

A customizable PO&M software supercharges reporting, too, as insights that are specific to your organization give you a higher chance of success by helping you to understand exactly what needs to be improved. Continue reading »

How to Find the Best PO&M Solution for Your Business, No Matter its Size

June 7, 2021 in Blog

Price Optimization and Management (PO&M)

If you’re looking to maximize profits, you need the right tools for the job.

However big or small your organization, having the best PO&M software is crucial to boosting pricing performance across your product portfolio —without one, you’ll be wasting time and losing opportunities you could be converting into profits.

But not all PO&Ms are created equal. There’s a vast array of options out there, so when asking yourself, “what is the best PO&M software?” it’s important to know what features you need.

To help you, we’ve developed this guide of key features you should be on the lookout for when trying to find the best PO&M system.

Continue reading »

In Case you Missed It… PriceEdge Updates for Spring 2021

May 27, 2021 in Blog, Product Updates

Find out about all the big changes we’ve made to PriceEdge in the last quarter, including UI improvements to our price rules and adding new features to our standard dashboard as well as the addition of new way of working and manage data in PriceEge called “Price Objects”. Most of our updates will affect all our users and be rolled out during the month of June.

Continue reading »

In Case you Missed It… PriceEdge Updates for Winter 2021

March 9, 2021 in Blog, Product Updates

Find out about all the big changes we’ve made to PriceEdge in the last quarter, including improvements to our user management and adding a new default dashboard for those of you that utilize our scraping capabilities via PriceEdge Collect. We also share information about our improved “translation interface” as well as the addition of anchor-based pricing features to our attribute-based pricing screen. Most of our updates will affect all our users and be rolled out during the month of March.

Continue reading »

Competitor-based pricing for eCommerce

November 26, 2020 in Blog

To succeed in eCommerce you must get your pricing right when compared to the competition. Are you taking advantage of the moment when the competition runs out of stock? Do you automatically react when your conversion figures are low? What do you do when your competitor changes their prices, whether it be an increase or decrease? How do you avoid a price war?

There are plenty of avenues to go down regarding this wide topic. In this blog post, I will limit myself to explaining a good structure for competitor based pricing for eCommerce. I will cover the steps involved as well as a few scenarios which require different configurations. Continue reading »