A Guide to Dynamic Pricing for Parcel Logistics
Dynamic Pricing (DP) is on the way to becoming the norm in parcel logistics. This guide presents its benefits for the sector and provides a transformation roadmap for carriers. It first explains what Dynamic Pricing is and why it will become a standard.
Open Pricer's Fair Price is a powerful Machine Learning model allowing businesses to capture the full value of customer contracts. It guides your sales teams to negotiate every deals at the right price. It is not a black-box, it can be tuned to reflect your strategy.
How to Increase Margin by Reducing Price Disparities
A Pricing Diagnostic leads to margin improvement by enabling price disparities reduction among existing customers. See our methodology to classify customers and actions you can take by segment.
Impact of More Accurate Costs and Willingness To Pay Calculation on Margin
This simulation shows that a better knowledge of costs and willingness to pay at the transaction level drives to improved pricing decisions and translates into higher margins.
React, Rebound and Reinvent
10 Solutions to Help Parcel and Freight Carriers to Recover and Strengthen. This research is based on interviews with carriers about their challenges and how they have been dealing with the current crisis.
Best Practices in Pricing of Telecom Services
Price is a key buying factor for telecom services. It communicates the value of your offer and creates a host of expectations about it. Indeed, pricing can make or break the success of a new product or service.
Digital Pricing Models for Road Freight
They are more efficient in terms of time to quote and traceability of decisions as well as more precise than usual spreadsheet models based on average cost plus margin because they predict profitability by shipment and customer' willingness to pay.
Predicting Willingness to Pay
Find out how market research and data science show that customers have different willingness to pay (WTP) and that many customers are more sensitive to value than price.
Time To Challenge Your Pricing Model
Sales teams often offer aggressive discounts to close contracts, resulting in an unnecessary dilution of margin. Conversely, some profitable deals are lost due to an inflexible application of the discount policy.
Dynamic Pricing
Dynamic pricing is relevant to optimise the utilisation of fixed capacity in situations of variable demand.
Its principle is simple: increase prices where/when demand is higher than capacity and use price incentives to increase demand where/when capacity utilisation is low.
Price Optimization to Survive in the Digital Age
In the digital age, data is ubiquitous, and everything changes very quickly. These mere observations lead to two imperative changes for pricing: speed and accuracy.