Zilliant Improves ability of B2B companies, P & L effects of Pricing Strategies Predict
Austin, TX (Nasdaq) 26 October 2011
Zilliant, the leading provider of price optimization solutions, today announced new features that give B2B companies control over their game-changing revenue and margin. For over 10 years, companies have Zilliant is MarginMax used technology to improve bottom-line results through the quantification of customer price response. The new company can MarginMax skills in real-time pricing scenarios that accurately predict sales and profits before they go on a strategy.
Providing a level of control and visibility into their business processes, which was previously unthinkable possible, Zilliant customers with confidence to respond to important business dynamics – for reasons of cost and changes in competition, fluctuations in demand. With a comprehensive and robust model of their company’s pricing scenarios and allows users to visualize the planned results of the best action plan to choose. Based on Zilliant leading science, these new features have been tested, proven and validated to predict exactly how the customers react.
As an example, if rising material costs forced a manufacturing step is performed on the client pricing of 6%, a rigorous test and control study was to compare MarginMax with their standard way of changing prices increase:
For part of the business, the producers simply raise prices by 6% over-the-board. As usual, the realized gain was much less, only 4.2% because so many of the prices were overwritten in the area. Worse yet, this part of the business saw sales decline by 4.8% because the increase was too much for many customer segments.
“Industrial markets have become incredibly volatile in recent years. need business leaders know that to keep their current pricing tools also manual and slow step, and thus are partly due to lack of sales and profit targets fault,” said Greg Peters, Chief Executive Officer at Zilliant.
“The new features in our MarginMax services enable companies to quickly evaluate proposed pricing strategy actions expected P & L results. you can act faster and with greater confidence. It is allowed to meet or beat our customers their number consistently -. most difficult in the market conditions and because it is a software-as-a-service offering that is easy to deploy and the company are to be capable and runs with profitable results in less than 90 days “
MarginMax modeling features:
Inform Business Decisions like never before: A robust, easy to use interface, giving users goals and constraints, the bill for all major revenue and profit driver. MarginMax immediately shows the optimal amount of price changes, which satisfies all constraints and meets their P & L targets with minimal risk.
Visualize & Explore scenarios: The new MarginMax visualization and user interface are a major breakthrough. Integrated with interactive analysis features that allow users to strategies based on market response, come with the optimal combination of actions to achieve their goals.
A real-world model as dynamic as Business Today: Zilliant the action response time modeling accounts for all the demand factors, the revenue and profit, and price sensitivity, cost volatility, competitive response and a change. It is constantly tuning itself also learn how to revenues and profits with the price change over time.
baseAbout Zilliant
For over a decade, Zilliant has been scientifically proven answers to difficult questions that are B2B manufacturers, distributors and service companies with the daily delivered — “What is the correct price of the business to gain maximum profit margins?” Zilliant’s patented technology has answered this question with scientific accuracy of nearly 1 billion transactions to date. By providing this valuable guide prices directly to the point of sale, confirms review of customer implementations average sales increase of 4.25% and the average margin dollar improvement of 10.18% is occupied. These bottom-line results have helped to make this technology a closely guarded secret among the leading companies in the B2B. For more information contact Zilliant at +1-877-893-1085 or visit http://www.zilliant.com.
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