Demonstrating the Value of Pricing Transformation
Pricing transformation projects might seem daunting, but the time and effort is worth it – especially if you can get executive and stakeholder buy-in before, during, and after implementing pricing technology. In this article, Chris Kennedy-Sloane, Business Consultant at Vendavo, explains what goes into a pricing transformation, the pitfalls that often derail the process, and why the potential business benefits are well worth the effort.
Making Your Pricing Strategy Profitable Across Your Organization
Most of the economic challenges of the last few years have been resolved in Q3 2023, but many are still impacting the pricing strategies and tactics businesses use to maximize revenue and profits. In this article, Mike Slavin, Business Consultant at Vendavo, shares steps pricing professionals can take to stay afloat in today’s choppy economic seas.
Price Sensitivity vs. Price Elasticity: How to Choose the Right Algorithm for Your Pricing Guidance
Artificial intelligence and algorithmic optionality in pricing guidance play a key role in profitability. Understanding this gives your organization a competitive advantage, but you’ll want to begin using them as soon as possible to remain ahead of your competition. In this article, Aneesa Needel, Senior Product Marketing Manager at Vendavo, explains the difference between price elasticity and sensitivity in B2B and how to use them to optimize your pricing strategy.
How to Improve the Stakeholder Experience, Facilitate Adoption, and Unlock Value
Improved stakeholder experience is an intangible yet indispensable element of value realization. Vendavo’s Director of Value Realization, Darius Fekete illustrates why is matters, how it influences solution adoption, and how we can measure and maximize it.
Operational Excellence: Scaling Efficiency and Impact Through Software
Darius Fekete, Director of Value Acceleration at Vendavo illustrates how pricing, selling, and commercial excellence software drives productivity, cost accuracy, and efficiency ultimately improving your bottom line.
7 Companies That Use Dynamic Pricing Successfully and What You Can Learn from Them
Your business and markets are becoming more complex every day, and your prices need to reflect that reality with agility and precision. In this article, Aneesa Needel, Product Marketing Manager at Vendavo, discusses what you need to know about dynamic pricing, the companies that are using dynamic pricing successfully, and what to watch out for in dynamic pricing models so your team gets it right.
A Dual Approach to Determining the Value of Software on Your Sales and Revenue
Confident decision-making relies on data-backed insights and accurate performance measurement. In this article by Vendavo’s Director of Value Acceleration, Darius Fekete, discover a dual approach to verification: Vendavo’s value formula and the margin bridge.
Mastering B2B Pricing Strategies: Comprehensive Guide with Examples
Pricing is the clearest way that companies communicate their value to the market and has the greatest impact on profit compared to any other typical variable. In this article, Dan Cakora, Business Consultant at Vendavo, explores what a B2B pricing strategy is, the different types of pricing strategies, and why the one you choose matters for your company’s bottom line.
An Introduction to Value Realization: Your Key to Commercial Excellence
Every organization wants to be successful. But how they measure success can vary widely. In this article, by Darius Fekete, Director of Value Acceleration at Vendavo, discover Vendavo’s unique approach to measuring value, the benefit sources of commercial excellence, and a formula to quantify and track the benefits realized.
With PPI Easing, Should Manufacturers and Distributors Worry About Price Decreases?
Producer/wholesale prices (PPI) have been on the decline for several months, but what does that mean in terms of inflation and margins? This article by Dan Cakora, Business Consultant at Vendavo, covers what you need to know about the trends we’re seeing and what they mean for the bigger picture.