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What is the best software for fully automated dynamic pricing in e-commerce?

October 17, 2019 in Q&A

Dynamic pricing, price optimization, profit-maximizing software; we find many names for those we love. I will try to answer: what type of software support e-commerce companies use for full automation of changing prices to maximize profit and/or market share.

To keep this text on a high level I will elaborate on the pricing of two important categories of products: key products and tail products.

Key Products
Like traditional retailers, e-commerce companies are keen on being seen as the most price competitive on the key products. Wheater you are a consumer electronics company offering iPhones and Samsung TVs, a street clothing retailer selling Adidas or Nike sneakers, or you are shipping newly released books to your Continue reading »

Price Edge Named as a “Sample Vendor” in Gartner’s Hype Cycle for Multienterprise Solutions, 2019

October 3, 2019 in News

Price Edge, a fast-growing provider of Price Optimization & Management (PO&M) solutions, today announced that it has been identified as a Sample Vendor in the Gartner “Hype Cycle for Multienterprise Solutions, 2019”  report. Price Edge was named as a Sample Vendor in the “Price Optimization and Management for B2B” category.

Utilized by some of the world’s leading companies, Price Edge’s technology enables company-wide price transformations leading to increased margins, more efficient pricing operations, and more satisfied customers. Price Edge’s primary offer is a cloud-based PO&M solution that makes it dramatically simpler for enterprises of all sizes to set and manage optimal prices. Continue reading »

Price Edge included in Forrester’s Now Tech: Pricing And Promotion, Q3 2019

July 22, 2019 in News

Price Edge, a fast-growing provider of Price Optimization & Management solutions, announced today that the company has been included in the latest Now Tech report from Forrester Research for Pricing and Promotion solutions in Q3, 2019. Forrester is a leading global research and advisory firm.

“Delighted to find Price Edge included in the Forrester Now Tech report. It’s about time that enterprises started considering adopting a pricing and promotion solution on a larger scale. I hope this report helps new customers to analyze and understand the fast-growing market we are in,” said Rickard Glamsjö, CEO and co-founder of Price Edge.

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Price Edge Listed as a “Representative Vendor” in Gartner’s Market Guide for B2B Price Optimization and Management Software

May 6, 2019 in News

Price Edge, a fast-growing provider of Price Optimization & Management (PO&M) solutions, announced today that the company has been listed in the “Market Guide for B2B Price Optimization and Management Software,” published by Gartner on March 27, 2019.

Utilized by some of the world’s leading companies, Price Edge’s technology enables company-wide price transformations leading to increased margins, more efficient pricing operations, and more satisfied customers. Price Edge’s primary offer is a cloud-based PO&M solution that makes it dramatically simpler for enterprises of all sizes to set and manage optimal prices.

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Why you need a price management software

August 31, 2018 in Blog

The good news is if you want to get anywhere at within pricing in the early days, you’ll have a handful of Excel files in place.  Which is great. In fact, it’s amazing.

Getting control of your pricing and putting a price framework in place is though. Who wants to run prices by another person and have the time to collect, clean and package the data needed for better pricing? And you did it.

And yet …

It probably won’t be enough. 5 Excel files, 50 sheets, whatever the number is. It’s not scalable. In fact, it may seem like you will everything would fall apart if you left the company.

I get it, I’ve been there. In fact, most price managers have. At one point its simply time to leverage up to a price management software and leave the Excel files behind. You will know when.

Sounds familiar? You’re not alone.

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