Pricing In Motion
Create new pathways at the intersection of customer expectation and business profitability. Innovate yet standardize pricing policies with Paramantra.
Pricing In Motion
Create new pathways at the intersection of customer expectation and business profitability. Innovate yet standardize pricing policies with Paramantra.
Solution Area
At Paramantra, we understand the challenges businesses face when it comes to pricing their products or services. Inconsistent pricing, delays in approval, and difficulty maintaining proportionality are just a few of the hurdles that companies encounter. That is why we have developed an enterprise-grade Pricing Strategy solutions to help our customers build, manage, execute, and strategize around their pricing policies.
Paramantra enables you to define parameters such as the source of pricing data, whether it is from your product catalogue, internal software or web sources. We offer dynamic pricing option that includes location-based pricing, client-specific pricing, volumetric pricing, or a mix of more than one of these strategies. Our simulation and projection tools make it easy to analyze different pricing strategies, identify areas for improvement, and predict the impact of specific pricing decisions.
Our analytics platform provides insights into which pricing configurations have performed well in the past, as well as analysis of your profit margins. Our flexible pre-approved and ad-hoc discount approval mechanism reduces potential value erosion, delays to quote, and improves transparency with your customers.
Offerings
Volumetric Pricing
Determine the price of your offerings based on quantity or volume
Geographical Pricing
Decide on the price of your offerings based on customer’s city or country
Account-Specific Pricing
Assign pricing plans exclusive to specific accounts or account types
Dynamic Discounting
Create unlimited scenarios and apply discounting rules to reduce errors in quotation
Currency and Source
Monitor currency exchange rates and record the source used to determine pricing
What-if Analysis
Simulate the impact of pricing change using projective methodologies
Results
Invoice value impacted
Reduction in pricing inaccuracy
Latest Articles
5 Must-Reads on Pricing Strategies to Beat Price Wars
Check out essential books on pricing strategies and power. Strategies to navigate price wars and enhance your business's competitive edge.
Balance In Proportionality: The Fibonacci Sequence
Uncover the hidden beauty behind natural patterns and the timeless appeal of proportionality, all of which roots back to the Fibonacci sequence.
Price Wars: Survival Of The Cheapest
Learn how price wars affect businesses and consumers, and explore famous battles between industry giants such as Coca-Cola vs. PepsiCo and more.
The Strategy and Tactics of Pricing: Key Learnings
Discover pricing secrets with "The Strategy and Tactics of Pricing" by Thomas T. Nagle. Master value-based pricing, segmentation, and practical pricing tactics.
