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Tag: blog

New release of of Price f(x) QuoteConfigurator App for Salesforce and Price f(x) PromotionManager App for Salesforce – v1.29 Horice

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We are happy to announce a new release of Price f(x) QuoteConfigurator App for Salesforce and Price f(x) PromotionManager App for Salesforce – v1.29 Horice.

The major feature of this release is the introduction of view preferences – a combination of saved filters and table layout customizations. On the quote and contract list pages, you can create and manage preferences, while on the quote or contract detail pages, you can for now only apply preferences defined in the classic UI.

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Economic Predictions, Steel Tariffs, Feedstock Volatility, and Pricing Strategies for 2018

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Every year Nariman Behravesh, Chief Economist at IHS Markit, publishes a list of his top 10 economic predictions for the coming year.  Economics is a notoriously difficult area that requires years of study, advanced degrees, and pragmatism that only experience provides.  All that said, the business community if often wary of predicting the future, and for good reason.  In the words of Lawrence J. Peter, “An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen.” Read more

Bain & Company, Price f(x) Team up to Launch New Tool Aimed at Helping Companies Transform the Way They Make Pricing Decisions

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Bain & Company, one of the world’s top management consulting firms, and Price f(x), the leader in Price Optimization & Management Software-as-a-Service, are joining forces to blaze a new trail in technology-supported, sustainable pricing transformation by launching the Bain Pricing Navigator powered by Price f(x). The Bain Pricing Navigator offers Bain & Company clients a powerful, industry-leading software tool to continuously assess and adjust pricing based on their company’s performance by leveraging real-time dashboards, proprietary insights and templates, and integration with CRM and ERP systems. Read more

Price Optimization – What Is It – How to Get It

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Price Optimization is not the same as Price Monitoring and Price Matching. Price Optimization is price setting by the Willingness To Pay (WTP) of customers. A breakthrough in Consumer Behavior market science and eCommerce Big Data means that 4 new types of Price Optimization are now available to every industry that sells online. Read more

New Videos About Price f(x) Team

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During our All Hands Meeting in January, we made two videos to introduce our ever-growing Price f(x) company to potential candidates. Why should you join our international team? Watch these new short videos to find out. Feel the atmosphere and listen to real people talking about real issues. We have a number of openings, check out our career pages.
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7 Steps to Higher Sales Prices

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Many companies wanting to push through higher prices to cover higher purchasing costs have excellent prospects of success in 2018. Fear of putting customers off with price increases is rarely justified – provided that the right strategy, analysis, and arguments are adopted.

Nobody likes talking about price increases. Nobody wants to risk alienating or losing customers. And yet manufacturers of industrial companies have been absorbing rising raw material costs for some time now. If the higher costs are not passed on to customers, corporate profits will suffer. That money will then be unavailable for any necessary future investments. Experience shows that higher prices are possible for 50-70% of sales.

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After an Outstanding Year, Price f(x) Successfully Secures Additional Funding

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We are proud to announce that we have now raised a total of $8.3M to further fuel our global growth. The funding is led by existing investors Credo Ventures and Talis Capital and joined by Reflex Capital. Read more

Happy Holidays from Price f(x) Team!

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This holiday season, don’t analyze too much the cost of that all.

At this time of year, the real promotion is what you give to others and the rebate you get back is only love. And the only quote that matters is the one by Dr. Seuss: “Maybe Christmas, the Grinch thought, doesn’t come from a store.”

Price f(x) wishes you a very happy holiday and a prosperous new year 2018!

Price f(x) Wishes You Happy Holidays! from Price f(x) on Vimeo.

Pricing in Uncertain Markets: Handling Foreign Exchange Movements

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“The best-laid plans of mice and men often go awry,” said Robert Burns in 1786. And while he wasn’t to my knowledge a businessman, the saying holds true today.

When things change in commerce, pricing is one of the most effective levers we have to react quickly. Making the most of an opportunity (or minimizing a threat) is about balancing speed with sure-footedness. Here I’ll focus on unexpected foreign exchange (FX) changes, inevitable and unpredicted. Note these options apply to both positive and negative FX changes. Read more

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