Develop impactful pricing strategies with AI-powered Price Optimization
data-driven pricing recommendations for every buyer.
The latest evolution of our negotiated science applies neural networks and pattern matching to bring rich situational awareness to pricing while avoiding data sparsity. PROS Price Optimization is no longer constrained by segmentation. Using customer data, transactions, product configurations, win/loss data, competitive information and more, PROS Price Optimization is able to predict changes in price based on changing market conditions and predict trends into the future to optimize the price and maximize either revenue or margin.
Get started with PROS Smart Price Optimization within 60 days
Jump Start Package Highlights
90K
(example price point for a 100M EUR business unit)
90K
(T&M for implementation of the package)
60 days
(upon receipt of data ready to optimize)
Key Product Capabilities Included
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AI-Driven Price Optimization for Negotiations
Leverage any, and all data available to drive a model that focuses on the most accurate price recommendations for your sales teams. -
Price Prediction Powered by Neural Networks
A ground breaking new concept with the ability to accurately predict customer specific prices. -
Business Alignment by the Application of Price Elasticity
PROS accurately predicts the win rate for each selling situation, and adjusts price recommendations to drive margin or revenue optimization. -
Pricing Analyst Validation
The ability to review, measure and monitor your model, along with the ability to interrogate any price and its supporting evidence.
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Evidence to Support Sales Confidence
The provision of supporting data with any price recommendation for sales, such as what has influenced the price, and which customers pay a similar price. -
Holistic Business Analytics
Understand, and precisely measure, the value your customers place on your products and services, for any slice of your business. -
Real-time Price Delivery
PROS Pricing Evaluation API to power sales channels with real-time delivery of pricing information.
Schedule a meeting with PROS
Interested in learning more about this Jump Start offer?
Book a meeting with us to discuss your current challenges, how we can tailor our solution to your needs, and provide you with an ROI analysis based on your specific business.
As an example, for a Distributor deploying this package within a €100m business unit, potential ROI is attained within four months, with a potential increase of €2.7 million in annual revenue (or 2.7%).
Let’s see how that translates for your business – contact our experts!