PriceEdge

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
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- Industry: Hospitality
- Company size: 51–200 Employees
- Used Daily for 1-5 months
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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.
- Industry: Consumer Electronics
- Company size: 51–200 Employees
- Used Daily for 1+ year
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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.
- Industry: Retail
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
user friendly repricing software for fast growing company evolving a changing environment
Reviewed on 2022/02/25
Good experience with a good a valuable relationships
Good experience with a good a valuable relationships
Pros
easiness of use and structure, managing complex pricing rules , tailor made function
Cons
still in improvement phase meaning sometime some bugs but rare and always quickly fixed
- Industry: Machinery
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Value for money
Reviewed on 2021/09/22
Easy to manage and control several different price lists simultaneously.
Quick and easy process to...
Easy to manage and control several different price lists simultaneously.
Quick and easy process to price new products for the all the needed price lists.
Enables reports which helps to track profitability of the different item groups
Pros
PriceEdge is very agile and easy to configure by the company's special needs.
Very user friendly interface and easy to train new users to start to use the tool.
Very skillful customer support team, which handles all the requests very quickly and professionally.
Cons
Sometimes slowness when making massive price updates.
- 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.
PriceEdge FAQs
Below are some frequently asked questions for PriceEdge.Q. What type of pricing plans does PriceEdge offer?
PriceEdge offers the following pricing plans:
- Starting from: €1,490.00/month
- Pricing model: Subscription
- Free Trial: Not Available
Custom pricing plans available. Contact PriceEdge for more information.
Q. Who are the typical users of PriceEdge?
PriceEdge has the following typical customers:
11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does PriceEdge support?
PriceEdge supports the following languages:
English
Q. Does PriceEdge support mobile devices?
PriceEdge supports the following devices:
Q. What other apps does PriceEdge integrate with?
PriceEdge integrates with the following applications:
Dreamdata
Q. What level of support does PriceEdge offer?
PriceEdge offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat
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