An e-commerce store with a Price and Promotion Engine has an undeniable advantage over businesses that rely on sales reps or time-consuming calculations for pricing.
The price engine calculates individualized prices for each product and customer in real time, taking into account trade conditions and current promotions. You won’t need special tools to solve this issue anymore.
The price engine handles discounts, trade conditions, and promotions. With browser-based tools, managing prices in your business becomes simpler.
The price engine uses various price sources (e.g., ERP system, supplier price lists) and generates product prices in real time based on trade terms, margin targets, and customer conditions.
The Price and Promotion Engine manages prices comprehensively for B2B and B2C companies. It’s especially critical when implementing B2B platforms by solving the issue of real-time individual pricing for different customers.
Implementation directly translates into better efficiency for your e-commerce: improved customer service, faster website performance, optimized work for sales reps, and assigning the right product margins.
The price engine dynamically adjusts prices (e.g., 60,000 products for 20,000 customers) in the blink of an eye, based on market data and competitor pricing.
With the price engine, you get real-time access to detailed customer engagement and sales performance analysis. Decisions based on real data improve profitability and sales.
Without performing thousands of complex calculations, our solution calculates the final prices displayed to your e-commerce customers, unlike other price engines.
Real-time pricing adjustments help maintain profitable margins and market position, speeding up customer interactions and freeing up sales reps’ time for other tasks.
With the price engine, orders are quick and easy. For B2B platforms, customers prefer ordering online because they know they’re getting the same advantageous pricing as when contacting a sales rep.
Don’t have a B2B platform yet? With the price engine, there’s no need to replicate complex B2B pricing logic on the e-commerce platform. Implementing the entire platform becomes faster, more predictable, and more cost-effective.
By importing supplier price lists into the price engine, you can create price lists for your customers based on rules. You’ll be able to quickly and easily adjust prices in the appropriate channels if exchange rates or other factors change.
We’ve created B2B Master Class to support entrepreneurs in digital transformation. If you want to implement or are already developing a B2B e-commerce platform, our educational materials will clear up many of your doubts.
We specialize in implementing B2B and B2C e-commerce platforms, which is why we’ve tailored our price engine to the most common needs of platform owners. Our technology offers several key features that set it apart from competing solutions.
Are you wondering how implementing the price engine will affect your e-commerce? We’ll partner with you throughout the entire process and offer the most beneficial solutions at every stage.