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As a companion to the Price Setting learning paths, we are offering this Generative AI chatbot to provide answers to common questions about this Pricefx capability.
This article provides a comprehensive guide on the Pricefx Price Setting capability and its associated GenAI chatbot application. It covers everyone aspect of this capability, including conceptual understanding, product features, installation procedures, post-installation steps, out-of-the-box components, and customization options.
The content is structured into prompts that address key questions and use cases for Price Setting implementation, offering detailed insights into modules, pricing strategies, calculation engines, and more.
DISCLAIMER: The responses generated by this chatbot are powered by artificial intelligence and are intended for informational purposes only. While we strive for accuracy and relevance, the information provided may be misleading, incomplete, or incorrect. Users should verify any critical information independently and consult with a qualified professional where appropriate.
This page provides instructions on the role and use of a Copilot GenAI Bot application for the Price Setting capability. This application utilizes extracted content from the public knowledge base that includes:
Price Management:
Price Setting (Unity space)
PSP Accelerator (Accelerator space)
Price Flexibility (Accelerator space)
Accelerator common libraries (Accelerator space)
Strategy Designer and Visual Configuration
Implementing Price Management:
Developer Knowledge Base
Business User Knowledge Base
Accessing GenAI Chatbot
The Price Setting capability GenAI chatbot can be accessed via this link.
Using Pre-Defined Prompts
Many of the prompts can be simply copied and pasted into the GenAI chatbot window to generate the content needed. However, since the GenAI responses have a tendency to be quite high-level, many topics will require you to push deeper into the knowledge hierarchy. In these situations, you will see a variable signified by the use of braces “[ ]”.
These types of prompts will always follow a prior query, and we need to use attributes returned in the first response to complete our second prompt. For example, if we use the prompt of “Explain Price Setting key concepts”, it will list and explain the core concepts of Price Setting. Therefore, we can provide the following prompt of “Explain [key-concept]” where you insert the appropriate key concept into the variable placeholder.
NOTE: For more information on Pricefx knowledge level hierarchies and their impact on your utilization and creation of GenAI prompts, click here.
Price Setting Prompts
While this GenAI bot can respond to almost any question about the Price Setting capability, we’ve organized some sample prompts & instructions into several categories based on depth of knowledge needed. These available common categories are:
Conceptual
Product
Installation
Post-Installation & Setup
Out-of-the-Box
Features
Functions
Customization
Conceptual-Level Prompts
The following conceptual prompts provide high-level question on the overall capabilities of the Price Setting capability and its basic concepts on price management. Conceptual-level prompts are high-level, abstract instructions or questions intended to direct generative AI models in creating content that reflects a specific theme, idea, or concept. These prompts emphasize the broader context and underlying principles, rather than providing detailed, task-specific instructions.
What is the Price Setting capability?
What are the objectives of Price Setting capability?
How does the Price Setting capability help me?
Explain custom development for Price Setting capability
What are the advantages of the Price Setting capability?
Explain key success factors of Price Setting capability
What are some common use cases for Price Setting capability?
What common pricing strategies are used with Price Setting capability?
How does Pricing Setting integrate with other Pricefx capabilities?
Product-Level Prompts
The following product prompts provide high-level question on the overall capabilities of Pricefx Core and basic concepts on its integration with Price Setting capability. Product-level prompts are specific instructions or queries tailored to guide generative AI models in creating content that aligns with the requirements and outcomes of the Pricefx products. These prompts emphasize concrete tasks, detailed features, and desired attributes, ensuring that the generated content meets user expectations and adheres closely to product specifications
What is Pricefx Core?
What are the capabilities of Pricefx Core?
How does Price Setting capability integrate with Pricefx Core?
Price Setting Accelerator
What is Price Setting Accelerator?
Explain key features and capabilities of PSP
Explain recommended best practices for PSP
What are some common Use Cases for PSP
What are the Key Metrics of PSP?
Explain [key metric]
Provide a user requirement using [key metric]
Explain how I would implement this requirement
What are key Success Factors for PSP?
Explain Approval Workflow
Explain Comprehensive Configuration
Explain Product Segmentation
Explain PSP Modularization Architecture
Explain [module-name]
Provide in-depth knowledge for [module-name]
What are key concepts of [module-name]
Give an example of user requirements that would utilize [module-name]
Create a business scenario that shows how [module-name] is used by PSP
Price Flexibility
What is Price Flexibility Accelerator?
Explain key features and capabilities of Price Flexibility Accelerator?
Explain recommended best practices for Price Flexibility Accelerator?
What are some common Use Cases for Price Flexibility Accelerator?
What are the top 5 capabilities for Price Flexibility Accelerator?
Explain [capability]
Provide in-depth knowledge for [capability]
ECreate a business scenario that shows how [capability] is used by Price Flexibility Accelerator
Explain Strategy Designer?
What is visual configuration with PSP?
What are key features of Strategy Designer ?
What are some common Use Cases?
Compare Strategy Designer to Groovy Code
Explain how it can optimize our pricing strategies
What types of pricing strategies can I implement?
Explain [price strategy]
Explain how to implement [price strategy]
What are best practices for Strategy Designer?
How do I create and evaluate different pricing scenarios in Strategy Designer?
Installation-Level Prompts
The following installation prompts provide high-level question on the installation prerequisites and process for Price Setting Accelerator. These prompts focus on specific steps, technical details, and configuration requirements necessary for successfully installing and setting up Pricefx solutions.
What credentials or access permissions are needed to install Price Setting?
What are installation prerequisites for Price Setting?
What are the mandatory prerequisite data requirements for Price Setting?
Explain master data required?
What customer data is required?
What pricing data is required?
Explain the Step by Step install process for Price Setting
What is Configuration Wizard?
List all modules for Configuration Wizard
Explain [module-name]
How is [module-name] used by PSP?
What are the key concepts for [module-name]
What are installation best practices?
List the Pricing Engines
Explain [pricing-engine]
Provide in-depth knowledge on [pricing-engine]
What are the key concepts for [pricing-engine]
Provide a requirement for [pricing-engine] and explain how it is used
What are common installation issues?
Explain [issue-name]
How do I solve {issue-name]
Post-Installation and Setup Prompts
The following post-installation prompts provide high-level question on the setup processes after successful install of Price Setting Accelerator. These prompts focus on operational procedures, configuration adjustments, and data concerns to optimize the use of Pricefx solutions following installation.
List post-installation steps
Explain [post-install step]
Provide a business scenario for [post-install step] and explain how it is used
What are the key concepts from [post-install step]
Create a business pricing scenario and then explain the post installation steps to implement it
Create another more detailed business pricing scenario and then explain the post installation steps to implement it
Explain in detail [post-install step]
What are the key concepts from [post-install step]
Explain Configuration Wizard and its capabilities
What are post-install steps for Strategy Designer?
Explain [user-role]
Capability Out-of-the-Box Prompts
The following is a list of prompts on the out-of-the-box components that are deployed by default into your partition after successful install of Price Setting Accelerator. These are specific instructions or queries designed to guide generative AI models in producing content that highlights the inherent features and functionalities of Pricefx products without requiring additional customization or configuration.
What is installed in my partition?
What Groovy logics are installed with PSP installation?
Explain [logic-name]
Provide in-depth knowledge for [logic-name]
Provide a requirement for [logic-name] and explain how it is used
What tables are installed
explain [table-name] table
explain how [table-name] table is used by PSP?
Create a business scenario that shows how [table-name] table is used by PSP
What libraries are installed?
Explain [library-name]
What are the key concepts for [library-name]
Provide in-depth knowledge on [library-name] library
Explain how [library-name] is used by a pricing strategy
Create a business scenario that shows how [library-name] library is used by PSP
Explain PSP installed Price Strategies
Explain in-depth [price-strategy]
explain how [price-strategy] is used by PSP?
Create a business scenario that shows how [price-strategy] is used by PSP
Explain Warning Manager
What are key concepts of Warning Manager?
How do I use Warning Manager?
Provide in-depth knowledge on [behavior]
Create a business scenario that shows how [behavior] is used by PSP
Convert [business-scenario] into a step-by-step exercise for a developer
Calculation Engines
Explain use and role of PSP calculation engines
Explain calculation engines in psp
Provide in-depth knowledge on [calc-engine]
Explain how [calc-engine] is used by PSP?
Create a business scenario that shows how [calc-engine] is used by PSP
Convert [business-scenario] into a step-by-step exercise for a developer
Pricing Strategies
What price strategies are installed with PSP?
Explain price strategies and prioritization
How can I customize a PSP pricing strategy?
Feature-Level Prompts
The following is a list of prompts on the core features deployed into your partition after successful install of Price Setting. These prompts focus on individual product features, describing their purposes, benefits, and applications within the pricing management process.
What are key features of Price Setting capability?
Explain [feature]
Provide in-depth knowledge on [feature]
Explain how [feature] is used by Price Setting
Create a business scenario that shows how [feature] is used by Price Setting
Explain Price Levels
Provide in-depth knowledge on [price-level] in Price Setting
Explain how [price-level] is used by Price Setting
Create a business scenario that shows how [price-level] is used by Price Setting
How would I implement [price-level] in Price Setting
Explain Product Segmentation
Provide in-depth knowledge on Product Segmentation in Price Setting
Explain how Product Segmentation is used in Price Setting
Create a business scenario that shows how Product Segmentation is used in Price Setting
How would I implement Product Segmentation in Price Setting?
Explain Trade Levels
Provide in-depth knowledge on Trade Levels in Price Setting
Explain how Trade Levels is used in Price Setting?
How would I implement Trade Levels in Price Setting?
Create a business scenario that shows how Trade Levels are used in Price Setting
Explain Matrix logic in Price Setting
Provide in-depth knowledge on Matrix logic
Explain how Matrix logic is used by Price Setting ?
How would I implement Matrix logic in Price Setting?
Create a business scenario that shows how Matrix logic is used by Price Setting
Convert this [business-scenario] into a step-by-step tutorial for a developer and show the groovy code
Explain Approval workflow with Price Setting
Provide in-depth knowledge on Approval workflow in Price Setting
How would I implement Approval workflow in Price Setting?
Create a business scenario that shows how Approval workflow is used by Price Setting
Convert this [business-scenario] into a step-by-step tutorial for a developer and show the groovy code
Explain Dynamic Pricing Capabilities
Provide in-depth knowledge on Dynamic Pricing
How would I implement Dynamic Pricing in Price Setting?
Create a business scenario that shows how Dynamic Pricing is used by Price Setting
Convert this [business-scenario] into a step-by-step tutorial for a developer and show the groovy code
Function-Level Prompts
The following is a list of prompts on the core functional capabilities of PSP for your partition after successful install of Price Setting Accelerator. These prompts focus on the technical operations, specific tasks, and processes that each feature can perform, providing users with a clear understanding of how to utilize them effectively.
Live Price Grids
Explain how PSP integrates with Live Price Grid?
Explain how multiple pricing strategies from PSP can be used in a Live Price Grid
Explain how a PSP [price-strategy] pricing strategy could be used in the creation of a Live Price Grid
Create a business scenario that uses [price-strategy] pricing strategy in a live price grid
Cost Plus Adjustment
Explain cost plus adjustment
What are key concepts of cost plus adjustment
Explain how to update cost plus adjustment
How would I implement Cost Plus Adjustment in PSP
Create a business scenario that uses Cost Plus Adjustment in PSP
Competition Data
Explain Competition Data for PSP
What are key concepts of Competition Data
Explain how to update Competition Data in PSP
Create a business scenario that uses Competition Data in PSP
How would I implement Competition Data in PSP
Dependent and Independent pricing level
Explain [pricing-level]
What are key concepts of [pricing-level]
Provide in-depth knowledge on [pricing-level]
Create a business scenario that uses [pricing-level] and show as a step-by-step tutorial
Index-based Pricing
Explain Index-based Pricing in PSP
What are key concepts of Index-based Pricing in PSP
Create a business scenario that shows Index-based Pricing use with PSP
Price Flexibility
Explain Price Flexibility
Provide in-depth knowledge on Price Flexibility
What are key concepts of Price Flexibility
How is Price Flexibility used with PSP?
Create a business scenario that shows its integration with PSP
Templates
Explain template publishing in psp
Provide in-depth knowledge on publishing templates in PSP
What are key concepts of using templates with PSP?
Create a business scenario that uses templates in PSP and show as a step-by-step tutorial
Strategy Designer
Explain Strategy Designer
Provide in-depth knowledge on PStrategy Designer
What are key concepts of Strategy Designer
What are the steps to set up a pricing strategy in Strategy Designer?
Guide me through the process of creating a new pricing model in Strategy Designer?
What are key functions of Strategy Designer
Explain [key-function] in Strategy Designer
Provide in-depth knowledge on [key-function] in Strategy Designer
How is Strategy Designer used with PSP?
What are the outputs of Strategy Designer
Explain life cycle of custom pricing strategies from Strategy Designer
Create a business scenario that uses Strategy Designer with PSP
Customization-Level Prompts
The following is a list of prompts on the common customization capabilities for PSP and creating tutorials and step-by-step instructions. These prompts focus on the processes, options, and best practices for modifying features and settings to align with unique business needs and preferences.
Customize Pricing Engines
Explain Pricing Engines in PSP
How do I customize a pricing engine in PSP
Provide an example of customizing [pricing-engine] in PSP
Create a detailed business scenario that shows customization of [pricing-engine] in PSP
Explain [customization-step] and show from a technical view and provide sample code
Explain this code: [Groovy-code-snippet]
Customization Use Cases
What are the common customizations use cases with PSP?
What are key concepts of [use-case]
Explain [use-case] with in-depth knowledge
Create a detailed business scenario for [use-case] that shows customization steps with PSP
Explain [customization-step] and show from a technical view and provide sample code