The World’s Most Advanced Pricing Engine
One of the great risks to any company’s long-term success is imprecise, human-led, price-setting.
Widely used, ‘cost plus pricing,’ and its dependent derivative, ‘referential pricing,’ are deeply flawed and use few, if any, scientific rules.
Such impotent strategies not only lose companies money, it causes executives to pursue makeshift tactics, including spending hard money on revenue management seminars for general managers, who subsequently receive certificates of revenue management excellence; only to realize that it’s impossible to individually, much less systematically manage inventory pricing.
Most simply, the human brain is incapable of managing the volume of ‘price impactors’ that drive inventory consumption.
If your business manages perishable inventory, including hotel rooms, parking spaces, golf course tee times, arena/airline seats, cruise ship berths, digital advertising, supermarket items, etc., come discover Quantival’s Revenue Algorithm™ and intelligent pricing solution…