WHAT SHOULD YOU EXPECT FROM A DYNAMIC INTEGRATED PRICING SOLUTION?
Insights that are derived from all the collected data and automatically sets intelligent prices.
Automate pricing strategies efficiently and to size, regardless of the complexity of the strategy or the size of your range. A Dynamic Price Solution gives price recommendations per deal based on:
- Algorithms that predict customer willingness to pay
- Transactional sales data & reliable external market data
- Customer price sensitivity & product pricing power
- Raw material, production & supply chain management costs
- Market Demand & Supply Dynamics
WHAT MAKES MRD’S DYNAMIC PRICING SOLUTION UNIQUE?
- Up to 15% increased margin by optimizing revenue on each deal.
- Up to 5% higher customer acquisition by getting price right the first time & closing deals faster.
- 20x faster negotiation times.
- Ability to steer models to meet business objectives and pricing strategies
MRD builds advanced statistical and mathematical techniques to create models that predict future behaviour.