The optimal price for every selling circumstance.
Price IQ simultaneously accounts for all of the factors that influence price, measures price elasticity, and rationally aligns prices in accordance with business rules to produce optimized price guidance for each unique selling circumstance.
Overview
Optimize Prices
Only Price IQ uses a predictive model that quantifies the potential profit and revenue trade-offs as a result of price changes, allowing customers to minimize unintended consequences and maximize financial results.
Tackle All Price Types
B2B companies transact business across multiple price types – list, matrix, negotiated and agreements – adding to the complexity of price setting. Price IQ optimizes and ensures alignment across the different price types.
Solve the Configured Product Pricing Puzzle
Price IQ can determine the factors that drive price response in any configured products market to deliver optimal prices specific to each deal and product configuration.
Details
Solution type
Extensions and Add-ons
Industry
Oil, Gas, and Energy, Wholesale Distribution, Mill Products
Compatibility
Works with
Features
Equip Sales with real-time price guidance
Boost sales rep confidence with informed real-time, market-aligned price guidance. Respond to uneven demand by making surgical price changes that take into account price elasticity, customer transaction history, and inventory positions.
Intelligent and Flexible Segmentation Management
Accounting for the factors that drive price response in each unique selling circumstance is the key to winning – or losing – the deal. Explore and evaluate all of the factors that influence price to create a statistically and strategically relevant price segmentation structure.
Rational Alignment
Simultaneously account for business rules and price relationship requirements through constraint-based price optimization, avoiding the hazards of conflicting rules.
Plans and pricing
All plans include:
- Pricing based on Business or Business Unit Revenue
- Please contact Zilliant for more details about our pricing for this solution
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- Price Optimization Engine generates price recommendations using a combination of data & user inputs and segment pricing model configuration.
- Price Optimization Engine delivers pricing guidance at a granular customer/product level.
- Strategy Interface allows users to set pricing strategies and other relevant price optimization inputs and create & compare alternative scenarios
- Visual Analytics support the review of prices generated by the Optimization Engines and help quantify business impact
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Customer reviews
72f8822b-afca-4acc-b98a-ed9ed1a9aba6
Technical Information
Technical details
| Solution type | Extensions and Add-ons |
| Category | Commerce |
| Industry | Oil, Gas, and Energy, Wholesale Distribution, Mill Products |
| Works with |
|
Deployment and operations
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
|
| Globalization |
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| Operations |
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Security and compliance
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
|
| Compliance |
|
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Zilliant Price IQ Product Overview
Zilliant Price IQ Overview Video
Zilliant+SAP Industrial Manufacturing Whitepaper
Zilliant+SAP Wholesale Distribution Whitepaper
Pricing Tactics for a Recessionary Period
Transforming Your B2B Pricing Strategy and Processes
Zilliant Tech Insight: B2B Price Optimization Strategies
Publisher
Zilliant Incorporated
Zilliant helps businesses put pricing at the heart of their business by managing the entire pricing lifecycle with leading CPQ, price management and optimization, and revenue intelligence applications. Zilliant's data science, cloud-native software and passion for customer success deliver the highest ROI, fastest time to value and highest customer satisfaction.
More solutions provided by Zilliant Incorporated
products
2001012517,2001012526,2002001837