How to Collect, Analyze, and Visualize Competitive Price Data
Knowing how your prices stack up against competitors’ is a good step to take but how can it be done to scale? What data should be collected and how do you analyze and visualize the information for maximum insights? Follow these best practices from Dan Cakora, Business Consultant at Vendavo
Using Historical Data to Predict Future Pricing Trends
Curious how the past can shape your pricing strategy for the future? David Anderson, Vice President of Business Consulting at Vendavo explores the power of historical data to uncover patterns, forecast trends, and make smarter pricing decisions. Learn how to use predictive analytics to turn raw data into usable insights and discover the steps to prepare your data for success.
How to Adjust Prices to Maintain Profitability During Inflation
Inflation is constantly making headlines, and keeping your profitability intact takes more than just raising prices. Smart companies see pricing as a powerful way to grow revenue and manage demand. Dan Cakora, Business Consultant at Vendavo, explains how to tackle inflation in 2025 by staying agile in shifting markets, being transparent and fair to build customer trust, and using precision to fine-tune pricing and protect your margins.
Supply Chain Distributor Markups and Profit Margins: How to Optimize Both
Supply chain distributor markups are a key part of pricing in modern commerce. They represent the percentage added to a product’s base cost as it moves from manufacturers to end customers, ensuring that every link in the chain can cover expenses and earn a profit. Mitch Lee, Profit Evangelist at Vendavo, explores everything you need to know to maximize your growth and profitability.
Why Data Accuracy is Crucial in AI-Driven Pricing Models
In AI-driven pricing, data accuracy is the unsung hero that makes everything possible – from reliable pricing predictions to personalized customer experiences. With data that is clean and accurate, AI models can help you anticipate market changes, build trust with customers, and make pricing decisions that boost both revenue and loyalty. Alex Hoff, Chief Product Evangelist at Vendavo, explores why data accuracy is crucial for successful AI-powered pricing and how getting it right can give your business a real competitive edge.
Solving Pricing Challenges with AI and Data Availability
AI and data availability are transforming the way businesses tackle pricing challenges. Karl Larsson, Vice President of System Solutions at Vendavo, explores the common obstacles pricing teams face, how AI can help solve them, and the importance of blending human expertise with technology for smarter, faster decision-making. Here’s how the right strategy will help your organization stay competitive amid shifting technology to drive profitable growth.
7 Ways Historical Data Can Help Identify Future Pricing Trends
What if you could predict tomorrow’s pricing trends using yesterday’s data? David Anderson, Vice President of Business Consulting at Vendavo, explores how historical data becomes a powerful tool for forecasting market shifts, optimizing promotions, and staying one step ahead. Here are your best practices for building predictive models and using scenario planning to future-proof your pricing strategy.
Lowering Prices to Beat the Competition: A B2B Guide
Lowering prices to beat the competition is a go-to move in the B2B world, but it’s not always the smartest play. Sure, it might feel like a quick win, but it can quickly turn into a race to the bottom by shrinking profit margins and even hurting your brand’s value. Mitch Lee, Profit Evangelist at Vendavo, explains how price cuts can help you grab more market share and leave your competitors behind – if done strategically.
How to Set and Optimize Prices in Volatile Markets
Pricing effectively can feel like hitting a moving target in today’s fast-moving distribution markets. Israel Rodrigo, Business Consultant at Vendavo, explores the key steps for building an efficient, optimized pricing strategy, from selecting the right price waterfall elements to leveraging data and aligning prices with market conditions. Here’s how to streamline your pricing operations and unlock sustainable growth.
8 Misconceptions About Using AI in Pricing
Curious about how AI can revolutionize your pricing strategies but wary of the misconceptions? Vendavo experts weigh in on the most common myths surrounding AI in pricing, from fears of AI replacing human judgment to concerns about affordability and complexity – plus how AI can be a powerful, user-friendly tool that enhances decision-making, adapts to market changes, and ensures fair pricing practices.