G2

Mats D.

Strategic Pricing Specialist

Enterprise (> 1000 emp.)

7/11/2022

"A dedicated partner"

4.5/5

What do you like best about PriceEdge?

Most other pricing software focuses on turnover-based pricing optimization, which is commonly preferable, especially for FMCG.

PriceEdge has the features to do the same, but the focus is more on attribute-based pricing, which is preferable for sales with a technical focus, where the turnover often is not fast enough for the data to support turnover-based optimization. In this niche, I believe PriceEdge is the number one choice on the market. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

PriceEdge just moved to a new data platform to support long-term development. Whereas this does seem like a good choice long-term, it has come with a cost of functionality here and now, causing the users to have to rebuild work processes that used to work just fine. Disruption may be good for us in the long run, but we hate it when it happens, right. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

PriceEdge especially helps keep our prices internally consistent.

Often, a pricing discussion with a customer is initiated by them noticing the price for item A being inconsistent with the price for item B. And of course, the customer will claim that the lowest price relative to perceived value should set the standard, lowering the average price on items A and B.

Removing or greatly reducing that internal inconsistency leads to fewer pricing discussions with customers which again leads to higher average prices. Paradoxically, even if the customers are paying higher average prices, the perceived consistency in our pricing will lead them to be more content with our prices. Review collected by and hosted on G2.com.