About PriceEdge

PriceEdge is a price optimization tool for creating, managing, testing, and rearranging price strategies with modules for data collection, price strategy creation, and analysis. The three modules within PriceEdge - Collect, Price, and Analyze - provide the tools for collecting data on competitors pricing, creating the price logic that works best for the business, and analyzing the effect of implementing new pricing strategies.

PriceEdge’s Collect module allows users to monitor their competitors by deploying a crawler to collect and track price information from competitor websites. Data collected by the crawler is stored within the PriceEdge system and price suggestions are automatically generated based on the data.

To facilitate the creation and implementation of new price logic, the PriceEdge Price module combines market data with attribute-based pricing to calculate the best price logic for the business. Users can define dynamic rounding rules, minimum margin rules and more, and price strategies can be categorized and filtered for ease of organization. Within PriceEdge, periodical price revisions can be scheduled and workflows can be automated with the aim of making day-to-day pricing as smooth as possible.

The PriceEdge Analyze module allows users to test new pricing strategies to track the effects of new plans and simulate proposed price logics to visualize their predicted effect before implementing them. Reports can be provided to indicate areas for price improvement as well as to measure current price effectiveness, and provide an overview of price impact over time.

Key benefits of PriceEdge

  • Gain understanding on how new price strategies are performing with price testing analytics and view simulations to predict how price changes will affect the business before implementing them.

  • Get actionable price insights with reporting and view analytics on pricing in terms of margin and discounts using report templates for metrics such as net sales index, margin index, sales discount, cost index, price effect, price change, and more.

  • Collect data on and track competitors pricing by crawling websites and portfolios, and create pricing strategies based on the data collected. Feed competitor data into the PriceEdge platform and view automatically generated price suggestions in response.

  • Structure a business price portfolio in order to organize and categorize products, define and assign price differentiating attributes, structure groups and folders, and easily manage prices for new products.

  • Benefit from the PriceEdge API to facilitate integrations with third party applications such as ERPs or PDMs.

  • Devices

    Business size

    S M L

    Markets

    Australia, Brazil, Canada, China, Germany and 5 others, United Kingdom, India, Japan, Mexico, United States

    Supported Languages

    English

    Images

    View analytics on revenue drivers, pricing impact over time, cost index, price change and more, with filtered views for a deeper understanding
    Generate and setup price strategies with attribute based pricing and market based pricing
    From the dashboard users can create items, competitor price analysis, price requests, or price complaints
    Manage prices within the PriceEdge Price module using a searchable and filterable product database
    View 5 more
    PriceEdge screenshot: View analytics on revenue drivers, pricing impact over time, cost index, price change and more, with filtered views for a deeper understanding PriceEdge screenshot: Generate and setup price strategies with attribute based pricing and market based pricing PriceEdge screenshot: From the dashboard users can create items, competitor price analysis, price requests, or price complaints PriceEdge screenshot: Manage prices within the PriceEdge Price module using a searchable and filterable product database

    Features

    Total features of PriceEdge: 35

    • API
    • Categorisation/Grouping
    • Competitive Analysis
    • Competitor Price Tracking
    • Custom Pricing Rules
    • Dashboard
    • Data Mapping
    • Data Visualization
    • Dynamic Pricing
    • Elasticity-based pricing
    • Event Tracking
    • Indexing
    • Inventory Management
    • Machine Learning
    • Market Data Analysis
    • Multi-Store
    • Predictive Analytics
    • Predictive Pricing Models
    • Price / Margin Management
    • Price Forecasting
    • Price List Management
    • Price Optimization
    • Price differentiation
    • Pricing Analytics
    • Profitability Analysis
    • Promotion Optimization
    • Recommendations
    • Repricing engine
    • Rules-Based Workflow
    • Search/Filter
    • Secure Data Storage
    • Summary Reports
    • Third Party Integrations
    • Visual Analytics
    • Workflow Management

    Alternatives

    Quicklizard

    5
    #1 Alternative to PriceEdge
    Quicklizard’s AI-pricing optimization platform helps multichannel retailers automate and optimize their pricing and...

    Pricemoov

    4,5
    #2 Alternative to PriceEdge
    Pricemoov is a BtoB solution deployed in companies from various rental sectors : E-commerce retailers, Marketplaces,...

    Imprice

    0
    #3 Alternative to PriceEdge
    Imprice is a cloud-based pricing automation platform designed for online and offline retailers. The solution allows...

    Competera

    5
    #4 Alternative to PriceEdge
    Competera offers a unified pricing platform for enterprise retailers to recover lost profits and meet new shopping...

    Reviews

    Overall rating

    4,8 /5
    (5)
    Value for Money
    5/5
    Features
    4,4/5
    Ease of Use
    4,6/5
    Customer Support
    5/5

    Already have PriceEdge?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Write a Review!
    Showing 5 reviews of 5
    Verified Reviewer
    Overall rating
    • Industry: Hospitality
    • Company size: 51-200 Employees
    • Used Daily for 1-5 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Onwards and upwards!

    Reviewed on 2018/09/08

    Pros

    Having previously only worked in a manual enviroment, it has been a challenge in making analysis and being able to grow our business. Thanks to this platform this is a thing of the past, we have been able to see a real positive growth in our revenues thanks to this easy to use platform.

    Cons

    Please add more advanced reports! would love to see more as the current selction is limited.

    Marko K.
    Overall rating
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Fast, flexible, easy to use system to manage thousands of prices the way I want.

    Reviewed on 2017/07/11

    The PriceEdge system can be accessed anywhere with an internet browser and it runs lighter than...

    The PriceEdge system can be accessed anywhere with an internet browser and it runs lighter than what Excel did to run the same pricing job.

    Pros

    The PriceEdge system is easy to use and it allows me to build anything from simple basic calculations to the most complex pricing formulas and to maintain them over time. As an active Excel user one of my favorite features is how the system lets you take any data table out as an Excel file with a single click. Importing data from Excel into PriceEdge is also done easily. Over the past couple of years the system has proven to be reliable with minimum down time, which our users around the globe can verify. The PriceEdge developer team has also provided me great support whenever I have needed that.

    Cons

    The reporting tools the system has built in don't always meet my needs. For reporting I quite often export the needed source data as an Excel file and work it out there. On the plus side, data exporting has been made very easy.

    Riccardo G.
    Overall rating
    • Industry: Consumer Electronics
    • Company size: 51-200 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Effective and User Friendly Tool

    Reviewed on 2020/07/22

    Pros

    Price Edge is a user friendly software and an effective tool, give us the chance to move any analysis from general to detail, from aggregated data to single item level.

    The Item insights provide an immediate understanding of what is occurring on the market for each product; in fact, the competition is easy to understand thanks to the tracking of competitors prices.
    As result we have the ability to react quickly to market’s movements, relying on a powerful and precise rule engine where customers can choose among a high number of options, in order to create a well organized and effective set of strategies. We can take under control our KPIs and our performances in terms of margin and revenues and adjust quickly, if needed, our strategies.

    Besides the perfomance and technical side, Price Edge team is always disposable and prompt to give support, playing an active role, studying tool customization, facing any challenge raised into a fast-moving market.

    It’s clear that their strong aim is always to improve features offered for a better customer experience and performance.

    Cons

    Areas where Price Edge still have to reach the top are analytics and reporting, just believing that they still have potential to express in these areas, increasing the time saving rate for customers (anyway we work and perform good with the current features). Actually, since they are always looking for better solution to provide, they and us already agreed on features to develop and release in order to reach that goal and I’m sure we’ll see results in the next few monthes.

    Luca F.
    Overall rating
    • Industry: Consumer Goods
    • Company size: 51-200 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Price edge: a Pricing Partner

    Reviewed on 2020/07/15

    We hav been using Price Edge for almost an year Now and they have been really easy to work with....

    We hav been using Price Edge for almost an year Now and they have been really easy to work with. They take the time to understand how we work with the system. They have been able to enhance all our needs during this period.

    Pros

    The integration process with our system was so easy
    Great capacity of customization of the solution
    Their customer support team reacts quickly if any work problem had to be

    Cons

    Analytics reporting & assortment analysis should be imrpoved

    Johannes S.
    Overall rating
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Great pricing tool and customer support to setup your global attribute and market based prices

    Reviewed on 2017/10/20

    Pros

    I really like the easy and fast support on any pricing questions I have. Furthermore the tool is fully flexible with a lot of pricing strategy options, and it can support several functions within our company. The reporting and especially the PriceEdge Index Report helps us understand where we are facing pricing challenges.

    Cons

    In the beginning the learning curve was quiet steep. However, they have continuously improved the user experience and ease of implementing things.

    Showing 5 reviews of 5 Read all reviews

    PriceEdge FAQs

    Below are some frequently asked questions for PriceEdge.

    PriceEdge offers the following pricing plans:

    • Starting from:
    • Free Trial: Available

    Custom pricing plans available. Contact PriceEdge for more information.

    We do not have any information about PriceEdge features

    PriceEdge has the following typical customers:

    2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001+

    PriceEdge supports the following languages:

    English

    PriceEdge supports the following devices:

    We do not have any information about what integrations PriceEdge has

    PriceEdge offers the following support options:

    Email/Help Desk, Phone Support, Chat

    Related categories

    See all software categories found for PriceEdge.