Price f(x) is Sponsoring the Chicagoland Pricing Professionals Networking Event
Please join Price f(x) for an evening of discussions, networking and fun with pricing experts, consultants and peers at the Chicagoland Pricing Professionals Networking Event on August 15. Registration is free and we’ll be discussing pricing challenges, enjoying refreshments and networking with peers at other businesses throughout the city. Read more
Economic Predictions, Steel Tariffs, Feedstock Volatility, and Pricing Strategies for 2018
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
Online webinar „How Change Management drives Price Transformation Success“
Listen to a real-life success story presented by Jerry Cheatham, Director Finance Sonoco Global Tubes & Cores Division, who will demonstrate Sonoco and BDP’s collaborative approach to actionable change management, management in practice, the journey from cost plus to market/value based pricing, and more…
Find out more and register for the webinar here.
Price Optimization – What Is It – How to Get It
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 Release of Price f(x) QuoteConfigurator App for Salesforce and Price f(x) PromotionManager App for Salesforce
We are happy to announce a new release of Price f(x) QuoteConfigurator App for Salesforce and Price f(x) PromotionManager App for Salesforce – v1.26 El Paso. Read more
7 Steps to Higher Sales Prices
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.
After an Outstanding Year, Price f(x) Successfully Secures Additional Funding
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
Pricing in Uncertain Markets: Handling Foreign Exchange Movements
“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
Price f(x) at PPS San Diego
You are warmly invited to visit our booth at the 28th Pricing Society Annual Conference taking place in San Diego on October 24-27, 2017. Read more