Price Edge
UnclaimedThe cloud-based platform for creating, managing, and optimizing any pricing strategy.
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TL;DR - Price Edge
- All-in-one platform for pricing optimization and management.
- Combines AI-driven optimization, competitor tracking, and flexible price logic creation.
- Designed for businesses with complex pricing needs and large product portfolios.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Highly flexible for creating any desired pricing logic
- AI-powered optimization for maximizing profitability and anticipating market trends
- Comprehensive platform covering competitor tracking, management, and analytics
- Easy integration with existing systems via API
- Provides transparency in pricing decisions, avoiding 'black box' approaches
Cons
- No explicit mention of a free trial or public pricing tiers, requiring direct contact
- Requires integration for full functionality, though standalone use is possible
Key Features
Customizable pricing strategy creationLibrary of best practice pricing strategiesAI-driven price optimization engineCompetitor price tracking and collection (price crawling)Price quoting software with agreement updatesDynamic price recalculation based on changing conditionsAutomatic or manual price approval workflowsREST API for system integrations
Pricing Plans
Essential
€1,490/mo
- Up to 3 users
- Up to 5 price lists
- Up to 10 000 products
- Flexible Pricing Engine
- Standard price templates
- Data Management
- Basic Analytics
Standard
Contact us
- Up to 10 users
- Up to 25 price lists
- Up to 50 000 products
- All in Essential
- Workflow processes
- All price templates
- Chrome extension
- Advanced Analytics
- Custom Reports
Enterprise
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- Unlimited users
- Unlimited price lists
- Unlimited products
- All in Standard
- Key Account Manager
- Priority Support & Service
- SSO (SAML)
- Custom Implementations
- Additional test environments
About Price Edge
By Toolradar Team·
PriceEdge is an all-in-one cloud-based pricing optimization and management (PO&M) platform designed to help businesses create, manage, and optimize their pricing strategies. It consolidates various pricing activities, including competitor price tracking, AI-driven price optimizations, price management, and price analytics, into a single system. The platform is built for flexibility, allowing users to either leverage a library of best-practice pricing strategies or construct their own custom pricing logic.
This software is ideal for mid-size to large companies dealing with thousands of items and complex pricing structures, particularly those in e-commerce or with extensive spare parts inventories. It aims to streamline pricing processes, ensure accurate quoting, and provide data-driven insights to maximize profitability. PriceEdge offers modules for price management, quoting, AI-driven optimization, and competitor price collection, which can be used independently or combined for a comprehensive solution.
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Price Edge FAQ
How does PriceEdge's AI engine specifically optimize e-commerce pricing?
PriceEdge's proprietary AI engine optimizes e-commerce pricing by analyzing demand forecasts, product elasticity, and market segmentation. It automatically calculates and suggests new prices, which can be approved manually or automatically, and dynamically recalculates prices as market conditions change. This is achieved by embedding a script on the web store to gather necessary data for analysis.
What level of customization is available for building unique pricing rules, beyond the provided templates?
PriceEdge offers extensive customization for building unique pricing rules. While it provides a library of over 150 best-practice pricing strategy templates, users are never limited to these. The platform allows for the creation of completely custom price logic, including attribute-based pricing, market-based pricing, dynamic rounding rules, and minimum margin rules, ensuring any specific business requirement can be met.
Can PriceEdge integrate with existing ERP or CRM systems, and what is the typical integration timeline?
Yes, PriceEdge is designed for easy integration with existing systems using its prebuilt REST API, which comes with complete documentation. While integration can be done at the user's own pace, the platform suggests that system integration can be achieved within one month, allowing for seamless data flow between PriceEdge and other business applications.
How does PriceEdge handle the management of a large number of price lists and product items across different countries?
PriceEdge is built to manage thousands of prices across dozens of price lists and supports users in over 65 countries. It allows for structuring products and categorizing them into groups with assigned attributes, organizing these groups in folders for an ideal portfolio blueprint. This robust data management ensures efficient handling of complex product portfolios and diverse pricing requirements globally.
What kind of insights does the 'Collect' module provide beyond just competitor price tracking?
The 'Collect' module primarily focuses on competitor price tracking by deploying and scaling price crawlers on demand. Beyond just collecting raw competitor prices, this data feeds into the broader PriceEdge platform, enabling users to analyze market trends, compare their pricing against competitors, and inform their own pricing strategies within the 'Price' and 'Optimize' modules.
How does PriceEdge ensure enterprise-grade security and stability for its cloud-based platform?
PriceEdge is built with enterprise readiness in mind, emphasizing high stability and enterprise-grade security. While specific security protocols are not detailed, the platform highlights its robust infrastructure and commitment to data protection, ensuring a secure environment for managing sensitive pricing information.
Source: priceedge.com