• Grow revenue by managing pricing across your diverse customers and channels
• Reduce costs by eliminating manual price execution and enforcing price consistency
• Increase revenue by controlling price changes based on profitability analysis and customer behavior

Complex product pricing simplifies the complexity of managing pricing and improves time-to-market by allowing business users to rapidly establish and manage product and service pricing. It eliminates manual efforts in pricing execution, enforces price consistency, and decreases operational costs. Price management software enables your internal users to centrally coordinate pricing and price changes across your diverse product lines.

• Allow business users and pricing managers to take charge of price maintenance
• Determine pricing based on customer, customer segment, region, contract, or any other criteria
• Define multiple price types per product such as a one-time sales price, recurring charges, and cancellation fees
• Coordinate pricing changes with your partners to increase sales margins
• Automatically enforce pricing rules to list prices
• Apply appropriate discounts based on coupon codes entered by users

Resources

• Data Sheet: IBM Sterling Pricing (514KB)
• IBM positioned as a leader in the Gartner Magic Quadrant for e-Commerce, 2011
• Why now's the time to launch an eCommerce initiative- Altimeter Group