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Outsmart your competition with intelligent pricing:
Competitor Pricing has many useful features that will help you optimise your pricing.
Out of the box tools delivered by our pricing engine.
The Customise Solution has many useful features to help you with automating your pricing process.
Do you want to unlock your pricing potential and learn more? Schedule a call with a consultant and book a 20 minute brainstorm session!
SYMSON offers you a unique opportunity to select several pricing strategies together with the help of The Pricing Strategy Builder. This is a plug-and-play software tool that helps you with creating, automating and executing your own pricing strategies as an expert. The Pricing Strategy Builder lets you combine several pricing strategies
In SYMSON you can indicate which product you want to scan with competitive prices. Based on the product code, our algorithm searches for (new) competitors on a daily basis and adjusts the prices (after your approval) based on your business objectives and strategic positioning.
Send us your product codes and sales data. If you are unsure we can jointly look at the options available.
Identify the strategies you want to use for different products and change the parameters.
Look through the results of the strategy you have created, evaluate the results and export the data from the SYMSON API.
Got a question? We're here to answer! If you don't see your question here, drop us a line on our Contact Page.
For these products we discuss with the company what strategy is more suitable for this product, e.g. cost-based pricing or elasticity based pricing.
In SYMSON you can set business rules (contraints) that limit price changes to for example max. 5 % per time. In this way you stay in control with large price changes.
Basically not, SYMSON is able to find multiple countries competitive prices.
Yes that is possible! You can give product (groups) multiple strategies in order to experiment which contributes the most to your business objective.
Both options are possible. You can set up the strategy with distances to your main competitor(s) by yourself. It’s also possible to manually change the prices or overrule the advised prices of SYMSON. If you want to see this by yourself, please request a demo.
The answer depends on your assortment. Do you have a lot of popular products or A-Brands which are offered by many vendors? And is the price a key factor in the customer decision to choose for your store? Then competitor pricing for these specific products might be a good solution to increase your pricing position and attractiveness in the market.
