Pricing management or optimization software can be very effective in certain situations, helping to execute a solid pricing strategy. However, software is not a substitute for a robust strategy, and not every business will benefit sufficiently to justify the investment. Before you consider investing in pricing software, you must evaluate your organizational readiness for such software, the quantified benefit that the software can provide, and which of the many available options is right for you.
- Pricing Optimization software
- Price Management software
- Quoting software
- Price Calculators
- Value Calculators
With this phase completed, it is time to move on to Phase 18: Pricing Governance and Organizational Design.