Price IQ is an AI-enriched pricing software that delivers optimal prices and actionable sales guidance for price quoting to omnichannel points of customer interaction. It is one of the AI-enriched IQ Engines that power the Zilliant IQ Platform. With the patented capability to measure price elasticity at the micro-market level, it predicts the impact of price changes and enables B2B companies to execute optimal pricing strategies to achieve multiple P&L objectives.
Zilliant Price IQ is the patented, AI software engine that determines the optimal price for every product, order and customer, enabling your business to quote competitive prices that increase profits without risking volume. The pricing guidance integrates with CRM, CPQ, ERP, eCommerce, and custom enterprise systems and ensures accurate, competitive and consistent pricing across all customer touchpoints.
Price IQ is the only price optimization software intelligently evaluates potential profit-margin gains against likely win rate and volume risk.
Based on each customer’s unique behavioral profile, Price IQ examines all possible price choices and selects the price that maximizes desired financial results of revenue or profit optimization.
Price IQ delivers actionable insights in support of all B2B pricing methods – from spot negotiations, to matrix to eCommerce, to list prices and agreements.
Price IQ empowers sales leadership to activate segment-specific pricing strategies and campaigns, based upon the predicted impact on overall revenue, profit and unit volumes. In addition, it measures price elasticity at the micro-market level, enabling companies to capitalize on pricing to achieve their revenue and profit optimization targets.
With market-leading implementation times as short as 12 weeks, Price IQ pricing management software will quickly deliver value to your top and bottom lines.
Leveraging historical transaction data, combined with customer, product, and cost master data, Price IQ creates a deep segmentation pricing model that reveals predictive impacts of pricing optimization for every customer you serve.
Price IQ gets smarter as it continually ingests and evaluates new transactional data, so that customer-specific pricing optimization continues to produce measurable impact on revenue and profits.
When combined with Zilliant Action IQ, the insights and output of Price IQ are exposed within intelligent, customer-specific account plans for field sales reps, along with rich visualization and collaboration capabilities.
Leveraging the integration simplicity of IQ Anywhere, Price IQ insights and output can be easily exposed within eCommerce purchase experiences, call center environments, and field sales workflows, so that customer-specific pricing is consistent across every point of purchase.