Negotiation Guidance Overview

Pricefx is focused on providing customers with segmentation-driven price guidance for the quoting process that will assist salespeople in determining the right price for every deal by analyzing various factors. The Negotiation Guidance process identifies similar customer segments based on their willingness to pay and uses statistical analysis to improve the pricing strategy for those who are underperforming. It also offers automated suggestions for segmentation attributes and supports this with analytics.

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• Price guidance delivered to salespeople on every deal in Quoting for every situation.

• Identifies peers who share a common willingness-to-pay and uses statistics to improve the performance of low performers.

• Segmentation with automated suggestions of the segmentation attribute(s) and supportive analytics

Negotiation Guidance 2.0 Enhancement

This feature in Clover Club provides users with guidance and support for fast implementation of segmentation and computation of price elasticities by segments it includes the option to define cross-segment pricing positioning rules based on different attributes such as customer size, region, and competitiveness.

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