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Challenges.
Key challenges telecom companies face.
Constant price and promotion pressure
Intense competition in the software industry along with changing consumer behavior drives constant price and promotion pressure. In addition, many companies encounter increased acquisition costs that demand high customer retention and long-term partnerships. Deep discounting without planning can also erode margins.
Time pressure
With rising expectations and high competition, software companies must make informed decisions and deliver results, quickly. Also, constant pressure for fast growth and profit from shareholders intensifies the need for easy-to-use tools that capture value quickly.
Complex product
portfolio
Determining which price and product combination will be most profitable is challenging with traditional tools. Rebalancing product portfolios after identifying compelling component compatibility for bundles is often the biggest challenge for software companies.
Solutions.
Turn challenges into opportunities with our holistic solutions for all revenue levers -
pricing, promotions, products, portfolio, channel & product mix. Instead of examining
several spreadsheets or market studies individually, use our single source of truth,
offering you one easy-to-use tool that examines all cross-effects. Leverage your data to
gain transparency on market behavior and derive actionable insights.
Best pricing
solutions
Make optimized pricing decisions with insights from your Virtual Shoppers. Quickly discover how they react to price changes and define your optimal price points. Get faster and more profitable results that consider your market situation, all cross-effects, and external factors like competitors' offers.
Smart promotional
planning
Successfully launch promotional campaigns based on accurate customers’ behavior predictions. Buynomics helps software companies build a strong pricing strategy on offers and discounts without the risk of discrediting your brand value, all while taking into account your competitors' actions & market changes.
Optimized product &
portfolio decisions
Explore the ideal balance of your product & portfolio mix by quickly customizing any combination of value drivers. Take advantage of Buynomics' Virtual Shopper AI to effectively and profitably link pricing and promotions together. Maximize your revenue with fast & holistic solutions for comprehensive action plans.
Key features
for Consumer Software.
Explore our Virtual Shopper AI with
various key features for revenue managers
Channel optimizer
Optimize your channels with bespoke offerings that best fit your consumers’ preferences.
Scenario analyzer
Create and compare unlimited scenarios to determine your best strategic course of action.
Wargaming capability
Simulate competitors’ actions to understand the effect on your portfolio and plan your best strategic response in advance.
KPI comparison
Optimize core KPIs like profit, units, and revenue with just a few clicks.
Analytics suite
Gain instant & profound analytical insights, including elasticity- and demand curves for all your products.