Market-based pricing
Position against competitive benchmarks by family and region, with the corridor that keeps a price where the market puts it.
The business question
Where should our price sit against the market, family by family?
What it does
A price list template that positions against competitive benchmarks by family and region, with a corridor that keeps a price where the market puts it.
What’s inside
Composed from the platform’s own objects, so it is a configuration you can open, not a document.
- Price list template: market position
- Dataset: benchmarks
- Ruleset: position corridor
Uses these metrics
The measures that call for this template when they move, each with its own page.
- Local price adjustmentsMetricAct when: Frequent changes across regions within a quarter
- Market shareMetricAct when: Any unexplained loss or gain
Commercial context required
What Revomo reads to run it. Everything else in the template is derived from these records.
- Dataset: benchmarks
Relevant industries
All industries
See this template in Revomo.
We will show the Market-based pricing running on representative data, or on a slice of your own, and what it would take to run it on yours.