Dynamic Pricing
Agility in Pricing Starts with Real-Time Market Adaptation
In today’s fast-moving business environment, pricing needs to be as agile as your operations. Tekgigz Dynamic Pricing equips businesses with a responsive, data-informed pricing strategy—helping you move past fixed price models and into a world where pricing decisions reflect real-time conditions.
Many companies still rely on static pricing that can’t keep up with fast-changing market trends. In contrast, leaders like Amazon and Uber have redefined the game with dynamic pricing that responds instantly to supply, demand, and competition.
Tekgigz offers a smarter way forward—providing timely pricing recommendations based on current market signals. The result? Stronger margins, better revenue outcomes, and more confident decision-making.
The Problem with Traditional Pricing
Standard pricing models often lack the flexibility to respond to rapid changes. Whether based on premium positioning or penetration pricing, static models leave gaps. They often involve manual updates, delayed reactions, and rules that aren’t equipped to handle complex shifts in market behavior. This rigidity can lead to missed revenue, weakened competitiveness, and customer frustration.
Why Dynamic Pricing Matters?
Customers today are influenced by many factors—demand surges, competitor actions, timing, and even regional or seasonal nuances. Tekgigz helps you keep pace by using key market signals to calculate pricing that’s fair, timely, and competitive.
Key factors include:
- Changes in demand and supply conditions
- Competitor pricing and promotions
- Time-based, seasonal, or local events
- Customer groupings and behavior patterns
- External market or economic indicators
This adaptable pricing model helps you win new business, retain loyal customers, and keep your pricing strategy aligned with your broader business goals.
AI-Powered Pricing Intelligence for Real-Time Market Response
Price Elasticity Forecasting
Understand and predict how demand shifts with pricing changes to make data-backed adjustments
Competitive Price Monitoring
Track competitor prices, stock levels, promotional activity, market shifts, and pricing trends daily.
Advanced
Segmentation
Customize pricing based on customer profiles, geographies, and purchasing patterns
Machine Learning & Optimization
Use AI algorithms to model price-performance and continuously optimize strategies.
Natural Language Assistant
Get instant insights with conversational AI—just ask pricing-related questions and get smart recommendations.
Seamless ERP Integration
Automate intelligent pricing updates directly into your connected ERP systems (e.g., SAP, Salesforce).
Dynamic Pricing Modules
Price Elasticity Modeling
Key Value Item Pricing (KVI)
AI-Based Price Optimization
Competitor Pricing Intelligence
Segmentation & Promotion Lift Forecasting
Key Benefits
Boost Revenue with Intelligent Pricing
Maximize returns across products and regions by dynamically adjusting prices.
Improve Operational Efficiency
Reduce manual updates and implement data-driven decisions with ease.
Enhance Customer Satisfaction
Deliver fair, timely pricing that meets customer expectations.
Protect and Grow Market Share
Stay ahead of competitors and meet shifting demand patterns with agility.
Why Choose Tekgigz Demand Sensing?
- Smarter Pricing with Fewer Delays: Move away from guesswork with timely insights and faster execution.
- Pricing That Adapts to Your Customers: Match offers to real-world buyer behaviors and purchasing habits.
- Actionable Intelligence, Not Just Data: Provide your team with tools that make pricing simpler and faster to manage.
- Connected for Efficiency: Integrate with the platforms you already use to ensure consistency and accuracy.